Mythos · CoinDesk
AI is making crypto security cheaper, faster and harder to ignore
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
The release of Mythos, an AI system designed to autonomously discover vulnerabilities in code, may do more than help blockchain developers find bugs.
Key facts
- David Schwed, COO of blockchain security firm SVRN and founder of the cybersecurity master's program at Yeshiva University, described the shift as even more significant
- It pushes the price of a basic audit toward zero," said Alexander Urbelis, chief information security officer at ENS Labs
- But Schwed argued the bigger change may not be vulnerability discovery itself
- The release of Mythos, an AI system designed to autonomously discover vulnerabilities in code, may do more than help blockchain developers find bugs
Summary
The launch of AI-powered security tools like Mythos could dramatically lower the cost of smart contract audits and enable continuous code reviews, potentially changing what the crypto industry considers reasonable security due diligence. While AI can help uncover coding flaws faster and more cheaply, some researchers said it cannot replace human judgment or prevent many of crypto's biggest losses, which often stem from social engineering, compromised credentials, and operational failures rather than smart contract bugs. As AI-powered security tools become cheaper, faster and more widely available, researchers said they could reshape what the crypto industry considers reasonable due diligence before deploying code, potentially altering expectations for developers and institutions. For years, smart contract security has been constrained by budgets.