Ethereum researcher warns AI could crack crypto wallets

Ethereum Foundation researcher Justin Drake has urged crypto holders to prepare for a possible AI-assisted break of ECDSA, warning on Oct. 7 that a worst-case failure could arrive “in months not years” before quantum computers pose the expected threat. Justin Drake urged crypto holders to plan moves toward fresh addresses with unexposed public keys. Vitalik Buterin backed taking AI cryptography risks seriously but warned users against rushing wallet migrations. Ethereum already has a dedicated post-quantum team targeting core quantum-resistant infrastructure around 2029 for completion. NIST standardized hash-based SLH-DSA in 2024, providing an established post-quantum signature option for digital systems.

Source: crypto.news