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Billionaire warns AI could hack Bitcoin, causing its value to crash to zero.

Market News
23 Oct 2026
Zycrypto
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Bearish
Billionaire warns AI could hack Bitcoin, causing its value to crash to zero.

Investor Chamath Palihapitiya warned that advancing AI technology might eventually hack Bitcoin's hashing algorithm, potentially crashing its price to zero. He highlighted risks like privacy breaches and AI-enabled hacking that could expose wallets and manipulate the market. Palihapitiya no longer holds Bitcoin directly due to security concerns, preferring exposure through Bitcoin ETFs, which simplify investment and reduce risks. This warning raises concerns about Bitcoin's long-term security amid evolving AI threats.

Billionaire investor Chamath Palihapitiya's warning about Bitcoin and AI hacking comes as a backdrop for cryptocurrency market data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 24, 2026 01:31 WIB: 43 of 50 major cryptocurrencies rose today. Yearn (YFI) traded at Rp39.837.602 with a 3.00% gain, while Uniswap (UNI) rose 2.60% to Rp129.204, and The Sandbox (SAND) fell 2.60% to Rp942.

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