Crypto exchanges brace for AI that can exploit software flaws

EditorLouis Juricic
Published 04/14/2026, 03:02 PM
© Reuters

Investing.com -- Major cryptocurrency exchanges and custodians, including Coinbase (NASDAQ:COIN) and Binance, are preparing their systems for powerful artificial intelligence models that could find and exploit software vulnerabilities, according to a report from The Information.

Anthropic’s Mythos model, described by the AI firm as potentially dangerous in its ability to identify security weaknesses, has prompted crypto platforms to accelerate their defensive measures.

Coinbase Chief Security Officer Philip Martin said the exchange has been in close communication with Anthropic about Mythos, which he described as a highly restricted model not available to the public.

Martin said Mythos and future models like it will enable deeper testing of software and systems at scale, which will accelerate both digital threats and digital defense.

Anthropic has provided early access to Mythos for testing to some companies, including large banks, but has not included major crypto firms in this group.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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