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Avalanche founder warns AI may exploit crypto software bugs before breaking cryptography.

Market News
13 Oct 2026, 11:05 WIB
Cointribune
View Source
Bearish
Avalanche founder warns AI may exploit crypto software bugs before breaking cryptography.

Emin Gün Sirer, founder of Avalanche, warns that the crypto industry is overly focused on AI breaking cryptography, while AI could first exploit existing software and wallet vulnerabilities. This concern follows Ethereum researcher Justin Drake's call to prepare for potential cryptographic risks due to AI accelerating mathematical breakthroughs. Sirer emphasizes that software bugs in networks like Ripple pose a more immediate threat, as AI can detect flaws humans might miss, potentially leading to billions in losses. While not dismissing cryptographic risks, Sirer urges prioritizing securing current code and exploring backup solutions, highlighting recent crypto losses and AI's ability to find critical vulnerabilities.

Ripple (XRP) holds a market cap of Rp1.551,97 trillion and a 24-hour trading volume of Rp45,28 trillion on Pluang as of Oct 13, 2026, 15:22 WIB. XRP's price is Rp24.723, down 1.78% in the past day, with Pluang users showing a balanced order activity leaning slightly towards buying at 56%. The typical holding period for XRP on Pluang is 72 days, reflecting moderate investor engagement amid concerns about software vulnerabilities highlighted by Avalanche's founder.

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