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AI tool recovers 5 BTC wallet after 11 years by fixing recovery software bug

Market News
02 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

A crypto user regained access to 5 BTC, worth about $400K, after 11 years of failed attempts using Anthropic's Claude AI. The AI analyzed old local files and found a critical bug in the btcrecover software that had tried trillions of password combinations unsuccessfully. Fixing this bug allowed the correct password to work, opening the wallet. This case highlights that while Bitcoin's encryption remains secure, AI can help identify software flaws in recovery tools, potentially unlocking lost crypto assets stored on old devices.

More News

Coinkite faces class-action threat after $88M BTC lost due to Coldcard wallet bug.

Coinkite faces class-action threat after $88M BTC lost due to Coldcard wallet bug.

Coinkite, maker of Coldcard hardware wallets, is under threat of class-action lawsuits after a bug in its seed generation code caused users to lose over 1,300 BTC, worth $88 million. Legal experts are divided on the company's liability, with some dou...

Market News
Bearish
4 hours ago
Bitcoin crashes near $62K, dragging altcoins down; Cardano bucks trend with 15% weekly gain amid market uncertainty.

Bitcoin crashes near $62K, dragging altcoins down; Cardano bucks trend with 15% weekly gain amid market uncertainty.

Bitcoin's price fell sharply toward $62,000 from above $65,000, wiping billions off its market value and triggering a broad sell-off across major altcoins like Ethereum, XRP, and Solana. The total crypto market cap dropped to about $2.22 trillion, wi...

Market News
Bearish
4 hours ago
FARTCOIN breaks bullish wedge pattern as whales accumulate with $2.16M leveraged longs

FARTCOIN breaks bullish wedge pattern as whales accumulate with $2.16M leveraged longs

FARTCOIN, a memecoin, is showing signs of a bullish breakout after trading in a falling wedge pattern during July. A large whale trader has taken a 2x leveraged long position worth over $2.16 million, signaling confidence despite the coin being down ...

Technical Signals
Bullish
4 hours ago
AstraZeneca and Bristol Myers Squibb consider $400B merger to create pharma giant

AstraZeneca and Bristol Myers Squibb consider $400B merger to create pharma giant

UK pharmaceutical company AstraZeneca is in talks to merge with US rival Bristol Myers Squibb, potentially forming a combined entity valued at around $400 billion. The merger would be one of the largest in history, combining AstraZeneca's global reac...

Company Fundamentals
Bullish
4 hours ago
Bitcoin plunges $3,000, dragging altcoins down except ADA, amid market and geopolitical tensions.

Bitcoin plunges $3,000, dragging altcoins down except ADA, amid market and geopolitical tensions.

Bitcoin's price dropped sharply by nearly $3,000 on July 31, falling to $62,236 and wiping $40 billion off its market cap. This decline led the total crypto market cap to fall from $2.33 trillion to $2.22 trillion, with most altcoins also losing valu...

Market News
Bearish
5 hours ago
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