Cryptocurrency exchanges prepare for AI capable of exploiting software vulnerabilities

Major cryptocurrency exchanges and custodians including Coinbase (NASDAQ:COIN) and Binance are preparing their systems for powerful artificial intelligence models that may find and exploit software vulnerabilities. According to The Information.
Anthropic’s Mythos model has been described by the AI company as potentially dangerous in identifying security weaknesses, prompting cryptocurrency platforms to accelerate their defenses.
Coinbase chief security officer Philip Martin said the exchange has been in close communication with Anthropic about Mythos, which he described as a highly restricted model that is not open to the public.
Martin said that Mythos and similar future models will enable deeper testing of software and systems at scale, which will accelerate the development of digital threats and digital defenses.
Anthropic has provided early access to Mythos for testing to a few companies, including large banks, but has not yet included major cryptocurrency companies in this group.