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Ethereum researcher’s AI security warning stirs debate as bitcoin extends slide: Crypto Markets Today

Ethereum researcher’s AI security warning stirs debate as bitcoin extends slide: Crypto Markets Today

Bitcoin extended its slide during Asian hours, dipping to about $82,300 before recovering to around $82,800, roughly 4% below Tuesday’s high near $86,600. The CoinDesk 100 has lost close to 2% over 24 hours.

Ethereum Foundation researcher Justin Drake used a post on X, viewed almost 4 million times, to urge the industry to begin planning for what he called “bunker mode.”

The idea is a gradual migration of funds to new addresses whose public keys have never been exposed. Drake argued that AI-driven advances in mathematics make it reasonable to brace for a break of the elliptic-curve signatures securing bitcoin and ether wallets in “months not years.” He pointed to a batch of 722 mathematical results released by OpenAI this…

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