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Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects

Created at 8 Aug · 5:36 PM1 source↑ Market-relevant
IN SHORT

A volunteer security initiative, using advanced AI models, has scanned 150 Bitcoin repositories and identified over a dozen critical vulnerabilities in wallets, cryptographic libraries, and infrastructure. The effort, costing approximately $20,000 so far, highlights the growing role of AI in uncovering security flaws within the cryptocurrency industry.

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Key Numbers

150Bitcoin repositories scanned
12+vulnerabilities disclosed
$20,000AI services spend to date
$10,000daily burn rate for AI scans

Who's Involved

AnchorWatch
security initiative using AI to audit Bitcoin projects
Rob Hamilton
CEO of AnchorWatch, leading the Bitcoin red team initiative
Calle
Pseudonymous Bitcoin developer involved in building AI review systems
OpenAI
Provided AI models and support for the red team effort
Anthropic
Provider of AI models used in the security audit
Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects

↳ Why This Matters

The increasing sophistication of AI in identifying critical vulnerabilities across core Bitcoin projects highlights a growing security challenge for the cryptocurrency industry, potentially impacting user funds and network integrity.

Key facts

  • A Bitcoin security initiative used AI models to scan 150 repositories.
  • Over a dozen critical vulnerabilities have been identified across Bitcoin projects.
  • The initiative is developing an open-source AI platform for auditing Bitcoin software.
  • The effort has cost approximately $20,000 in AI services.
  • Vulnerabilities have been found in wallets, cryptographic libraries, and infrastructure.

A volunteer security initiative, operating as a Bitcoin red team, has utilized advanced AI models to scan approximately 150 Bitcoin repositories, uncovering more than a dozen critical vulnerabilities. The group is developing an open-source AI platform to audit Bitcoin software, with developers reporting that the effort is identifying critical exploits across wallets, cryptographic libraries, and infrastructure.

AnchorWatch CEO Rob Hamilton stated that the initiative has spent around $20,000 on AI services, including models from Kimi K3, OpenAI, Anthropic, and Z.ai. He noted that the team has received assistance from OpenAI to manage the 'Cyber Harness' system, which is described as a more expensive but valuable scan for critical parts of the Bitcoin ecosystem.

Pseudonymous Bitcoin developer Calle indicated that the AI-powered review systems are averaging about one critical exploit per person per hour, with several vulnerabilities reported to projects in the past 12 hours. This initiative underscores the increasing use of artificial intelligence in identifying security flaws within the cryptocurrency sector, a trend also seen with previous AI-assisted discoveries in projects like Zcash and vulnerabilities found in the Coldcard wallet and Bitcoin bridge Boltz.

Frequently asked questions

A red team refers to cybersecurity professionals who simulate attacks on software or systems to identify vulnerabilities before malicious actors can exploit them.

The initiative is using Kimi K3, OpenAI’s GPT Sol, Anthropic’s Claude Fable and Opus models, and Z.ai’s GLM 5.2.

Yes, AI has previously been used to uncover a four-year-old flaw in Zcash and is believed to have been used to identify a Coldcard wallet vulnerability.

What Happens Next

01The team may disclose specific projects affected and details of the vulnerabilities found.
02Further development of the open-source AI platform for Bitcoin software auditing is expected.

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How It Developed

A Bitcoin security initiative has used AI models to scan 150 repositories.
The group has identified more than a dozen critical vulnerabilities.
The initiative is developing an open-source AI platform for auditing Bitcoin software.
Developers report critical exploits are being found in wallets, cryptographic libraries, and infrastructure.
The team has spent approximately $20,000 on AI services for this effort.
The initiative has reported critical vulnerabilities to several projects in the last 12 hours.

Sources

T1
Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core ProjectsDecrypt

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