Immunefi CEO states AI models lead to surge in crypto security vulnerabilities
Odaily Odaily reports that Mitchell Amador, CEO of the bug bounty platform Immunefi, stated at the WAIB Summit that new AI models such as Claude Opus 4.8 and ChatGPT 5.5 are tilting the cybersecurity attack and defense landscape in favor of attackers, leading to a resurgence in crypto hacking activity in 2026. Data from DefiLlama shows that in April 2026, illicit actors stole over $634 million from crypto platforms, the highest monthly total since the Bybit hacker incident in February 2025, which drove losses of approximately $1.4 billion.
Amador stated that the crypto industry is in a critical survival period for the next three to four years, until security teams utilize similar AI models to build codebases that attackers cannot breach; if the industry adopts more crowdsourced security solutions, this timeline could be shortened to less than two years. Anthropic's latest Claude Mythos model, Fable 5, has previously raised concerns about accelerating the ability to exploit crypto vulnerabilities;
Anthropic stated that Fable 5 has protective measures in place, redirecting topics related to cybersecurity to Claude Opus 4.8. On April 19, an attacker transferred approximately 116,500 re-staked Ethereum rsETH from Kelp DAO's LayerZero-based rsETH bridge, valued at around $290 million to $293 million at the time. Cross-chain protocol LayerZero stated that Kelp DAO's 1/1 decentralized verification network configuration formed a single point of failure due to relying on a single verification path to process cross-chain messages. (Cointelegraph)
