Ark Invest warned that AI-driven cyberattacks are spreading across systems and should not be viewed as a Bitcoin-only risk, according to a report cited by Ark Invest Tracker. The firm said AI is making software vulnerabilities easier to find and exploit, raising the likelihood of attacks across a wider set of digital services. In Ark’s view, Bitcoin and hardware wallets could be among the first areas hit, but the threat does not stop there. Social media platforms, tax websites and banking sites may face the same kind of exposure as AI tools become more capable. Ark also said that trusting a major brand still means trusting that company not to make mistakes as AI grows more powerful. The firm expects large custodians to become targets as well, and said AI may identify and exploit vulnerabilities at a pace not seen before.
Ark Invest said AI-driven hacking is affecting everything, with risks that go far beyond Bitcoin, according to a report cited by Ark Invest Tracker.
The firm said AI is making software vulnerabilities easier to discover and exploit. Bitcoin and hardware wallets could be among the first to feel the impact, while social media platforms, tax websites and banking sites may face similar threats.
Ark also said that trusting a major brand still means trusting that company not to make mistakes as AI becomes more powerful. ARK expects large custodians to become targets as well, adding that AI may find and exploit vulnerabilities at an unprecedented speed.
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