Justin Drake, a researcher at the Ethereum Foundation, warns that artificial intelligence could break the encryption protecting cryptocurrencies even before quantum computers arrive, potentially within months. He is calling on the industry to adopt bunker mode by moving assets to fresh addresses whose public keys remain hidden behind a hash. The ECDSA cryptographic system used by Bitcoin and Ethereum becomes vulnerable as soon as a transaction is made and reveals the public key on the blockchain. Europol confirmed in two reports that crypto wallets are the main weak point for future attacks, recommending preventive fund transfers. BTC is trading at $82,600 and ETH at $2,540.
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