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Ledger CTO Says AI Is Supercharging Crypto Hacks After $285 Million Drift Exploit

He urges formal verification with hardware wallets to raise attack costs.

Overview

  • Ledger’s Charles Guillemet warns that AI tools now let attackers find and use software bugs far faster and at lower cost than before.
  • He says tasks like reverse engineering code or linking several small bugs into one working exploit can drop from months to seconds with the right prompts.
  • Recent breaches include $285 million drained from the Solana-based Drift protocol and $25 million stolen from Resolv, reinforcing the rising risk.
  • Guillemet describes malware that searches compromised phones for wallet seed phrases, which lets thieves empty accounts without any user action.
  • He recommends mathematically proven code and keeping private keys on dedicated offline devices, noting DefiLlama tracks over $1.4 billion in losses in the past year and predicts a split between hardened core systems and lagging projects.