A Dragonfly partner is calling for proactive measures rather than doom-and-gloom catastrophism regarding blockchain security. Ethereum researcher Justin Drake warned that rapid AI advancements could compromise the ECDSA algorithm securing cryptocurrency wallets within months rather than years. Nearly 1.8 million BTC are currently exposed on exchanges, representing 57% of total balances. Vitalik Buterin acknowledges the seriousness of these risks but does not recommend users rush to move their funds.
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