Tag: Neutral

  • Vitalik Buterin: AI Verification Could Bolster Crypto Security

    Vitalik Buterin: AI Verification Could Bolster Crypto Security

    Ethereum Co-founder Advocates for Mathematically Verified Software to Combat AI-Assisted Cyberattacks

    Vitalik Buterin, co-founder of Ethereum, has stated that mathematically verified software is becoming crucial for protecting Ethereum and the broader cryptocurrency industry from AI-assisted cyberattacks and software vulnerabilities.

    AI-Assisted Formal Verification

    In a blog post published on Monday, Buterin argued that AI-assisted “formal verification” could help secure blockchain networks, smart contracts, and cryptographic systems against software flaws that can lead to irreversible financial losses for users.

    “If done right, this has the potential to both output extremely efficient code and be far more secure than the way programming has been done before,” Buterin wrote, noting that developer Yoichi Hirai refers to it as the “final form of software development.”

    Formal verification involves mathematically testing whether software behaves correctly, a technique with roots in foundational work from the 1950s and 1960s. Buterin believes recent advancements in AI are making this technique more practical for software engineering and security research.

    “If you formally verify end-to-end, then you are proving not just that some description of the protocol is secure in theory, but that the specific piece of code that the user runs is secure in practice,” he wrote. “From a user’s perspective, this greatly improves trustlessness: In order to fully trust the code, you don’t need to check over the entire code; you simply need to check over the statements that are proven about it.”

    Growing Threat of AI-Powered Cyberattacks

    Buterin’s post comes as researchers and governments are warning that advanced AI models are rapidly improving at discovering and exploiting software vulnerabilities. Anthropic restricted access to its cybersecurity-focused Claude Mythos model after tests showed the system could autonomously identify and exploit software flaws at levels far beyond previous public AI models.

    The model has garnered attention from intelligence and security agencies due to these capabilities. In April, Anthropic’s Claude Mythos identified 271 vulnerabilities in Mozilla Firefox during internal testing. Earlier this month, security researchers said a preview version of the model helped develop an exploit targeting Apple’s M5 chip protections. Researchers at the U.K. AI Security Institute also found that OpenAI’s GPT-5.5 has demonstrated advanced offensive cyber capabilities.

    “Bugs in computer code are scary,” Buterin wrote.

    Undiscovered bugs can be devastating for crypto projects, where software flaws can be exploited to permanently steal users’ funds with little chance of recovery.

    In April, attackers from the North Korea-backed Lazarus Group were able to drain $292 million worth of tokens from Kelp DAO’s infrastructure after “poisoning” internal RPCs used by LayerZero Labs. North Korean state-sponsored hackers are believed to have stolen more than $6 billion worth of cryptocurrency to date.

    Improving Trust and Security

    Buterin said formal verification could also improve trust in AI-generated software by proving that optimized low-level code matches a more readable reference implementation.

    “A huge part of the value-add is that the proofs are truly end-to-end,” Buterin wrote. “Often, the nastiest bugs are interaction bugs that sit at the edge of two sub-systems that are considered separately.”

    However, while Buterin sees the potential for AI to help secure crypto network code, he cautioned that formal verification cannot fully eliminate security risks.

    “Formal verification is not a panacea. But it is particularly well-suited for situations where the goal is much simpler than the implementation,” he wrote. “This is particularly true in some of the most devilishly hard pieces of technology that we will need to deploy in the next major iteration of Ethereum: quantum-resistant signatures, STARKs, consensus algorithms, and ZK-EVMs.”

    Buterin rejected the idea that increasingly advanced cyberattacks will eventually make open-source software or decentralized systems impossible to secure.

    “This would be a bleak future for cybersecurity. It’s especially an extremely bleak future for those of us who care about internet decentralization and freedom,” he said. “The entire cypherpunk ethos is fundamentally based on the idea that on the internet, the defender has an advantage.”

    Instead, Buterin argued that future systems will likely depend on highly secured “core” infrastructure protected through formal verification and restricted security environments.

    “When it comes to the secure core, we don’t let the buggy code multiply,” he said. “We act aggressively to keep the size of the secure core small, and indeed even shrink it further.”

  • XRP at $10,000 Unlikely, Expert Says.

    XRP at $10,000 Unlikely, Expert Says.

    XRP Price Predictions

    Cryptocurrency commentator BarriC has stated that a surge in the price of XRP to $10,000 is currently unattainable. He also outlined the conditions necessary for the altcoin to potentially reach this level, and even rally to $50,000.

    In a post on X, BarriC asserted that XRP’s price cannot reach $10,000 to $50,000 if it remains solely a retail asset, traded on exchanges. He explained that this price trajectory is only possible if XRP becomes integrated into global financial infrastructure.

    The commentator elaborated that this could occur if XRP becomes essential to the financial operations of banks and financial institutions worldwide. Once this happens, BarriC predicts that XRP’s price will be permanently elevated, and the altcoin will no longer experience bear market conditions.

    BarriC asserted that the XRP price will stabilize at a higher level, between $10,000 and $50,000, once trillions of dollars flow directly into and through XRP on a daily, weekly, monthly, and yearly basis. He stated that this will be the price point for XRP, rewarding those who have accumulated and held the asset.

    Interestingly, BarriC suggested that the XRP price could reach $10,000 this year. He predicted that XRP would move from $2 to $10, $10 to $100, $100 to $1,000, and $1,000 to $10,000, all within the same year. BarriC also mentioned that these shifts could occur more rapidly than many anticipate, potentially leading to missed opportunities for significant financial gains.

    Potential for Decline

    Crypto analyst Egrag Crypto has indicated that XRP is currently at risk of a major price decline. He noted that the Fib 0.618 level at $1.51 is acting as the first major resistance, and the altcoin has yet to achieve confirmed closes above this level. The analyst also pointed out that the next key resistance is the Fib 0.702 level at $1.83.

    Egrag Crypto explained that these two levels are crucial in determining whether XRP is entering a bullish Wave 5 expansion or remains within a larger corrective structure. He stated that if XRP fails to reclaim these levels, the technical Elliot Wave measured move suggests a decline to the Fib 0.382 level at $0.89 or even the Fib 0.236 level at $0.64.

    At the time of writing, the XRP price is trading around $1.39, down nearly 2% in the last 24 hours, according to data from CoinMarketCap.