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Security experts warn advanced AI is about to spark a hacking crisis for both crypto and banks

www.coindesk.com·Olivier Acuna·4 months ago
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AI exposed a massive flaw in top crypto network and experts warn banks could be next After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto and traditional financial systems. Jun 5, 2026, 6:02 p.m. 4 min read Make preferred on A major bug found in the top privacy network Zcash, using artificial intelligence, may be a warning sign that similar undiscovered flaws exist across crypto and banking software. What's worrying the crypto community is that the bug, which had existed in the network for 4 years, was only found recently by Shielded Labs, a nonprofit developer on the privacy token system, using Anthropic's newly released Opus 4.8 AI model. The vulnerability, which Zcash said "has been remediated," if left undetected, could have allowed an attacker to print unlimited counterfeit tokens. The disclosure had already caused panic among the crypto community and took the Zcash token down nearly 38% in the last 24 hours.…

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