CZ Says AI Won’t Break Bitcoin, but Leaked Data Will Hurt Its Users: Can BTC Turn the $81,000 Floor Into a Bounce?
BTC when published $81,236Now $80,617 ▼ −0.76% since it was published
Binance founder Changpeng “CZ” Zhao said on Friday, October 23, that fears of AI hacking crypto are misplaced. Both the internet and banking systems run on weaker encryption, but he warned that AI is already making phishing and social engineering more dangerous for ordinary users. CZ’s post led Friday’s Bitcoin news as the price sat at $81,817, down 0.8% in 24 hours. Bitcoin held $81,000 overnight. Whale wallets kept buying. So, are the AI and quantum threats real, and what does BTC need to bounce from here? --> Not to the code, at least for now. AI models can find software bugs and write convincing scams, but they cannot solve the math that protects a Bitcoin private key.
First reported by Coinspeaker. This page is a short excerpt; the full text is theirs.
