Pantera Capital|Nov 09, 2026 15:37
Ledger's red team has found more vulnerabilities with AI since January than in the previous eight years combined.
@stutireal sat down with Michael Benich, Director of Security at @krakenfx , and with Charles Guillemet (@P3b7_), CTO of @Ledger, on how AI impacts the economics of hacking:
‣ What actually broke at Binance, and why social engineering through a fake job interview beat every technical control
‣ The PHP bug was found by prompting a model to look for a nasty vulnerability and not stop until it did
‣ Why guardrails may be creating the next generation of unethical hackers
‣ Whether AI is coming for cryptography itself, and what moving Bitcoin to new signatures would take
00:00 Nothing was decrypted, but a lot was exploited
04:19 Black October, and what broke at Binance
10:43 Why the economics of attack and defense flipped
18:40 Inside early access to frontier models, and where refusals hurt defenders
29:46 OpenAI's 700 math papers and the hunt for a crack in cryptography
39:19 Post-quantum cryptography, harvest now decrypt later, and Q-day
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