Traders Pile Into ETH Shorts as US ETF Outflows Hit Nine Days
US spot Ethereum ETFs saw $56.1M leave on Oct. 9, a ninth straight daily outflow, while ETH short bets stood at $5B.
Avalanche founder warns AI could find XRP Ledger bugs before breaking cryptography, urging focus on code quality.
Emin Gün Sirer, the founder of Avalanche, has suggested that artificial intelligence may uncover security vulnerabilities in the XRP Ledger. He believes this risk merits greater focus than the potential collapse of current cryptographic systems.
The warning comes as the ledger faces fresh scrutiny following an emergency software update.
The debate on the threat AI poses for crypto is mostly just wankery.
ā Emin Gün Sireršŗāļø (@el33th4xor) October 9, 2026
We will see AI exploit systems-level bugs far before ECDSA falls. We will see AI discover bugs in systems code, libraries and wallets that enable attackers to steal billions of dollars long before we have toā¦
AI-driven vulnerability discovery involves using AI models to locate software bugs that people have missed. Exploits of those bugs can occur before developers issue patches. In a post on X, Sirer argued that AI:
He warned that attackers could use such bugs to steal billions before AI breaks widely used cryptography. That scenario would involve bugs the community has not yet detected.
Sirer did not identify any unpatched XRP Ledger vulnerability, however, nor did he demonstrate an AI attack on the network. His argument is a warning rather than a documented exploit.
The debate has divided crypto leaders:
The XRP Ledger context adds urgency. Developers rolled out an emergency software update on September 25, and the initial security fixes were released without source code.
The team promised to publish that code along with a technical retrospective.
xrpld 3.4.1 is being released with a Batch fix and stability improvements.
ā XRP Ledger Operations (@XRPLOperations) September 25, 2026
Weāre asking validators and node operators to upgrade as soon as possible. There has been no impact to mainnet, and no loss of funds.
There is also a new fix amendment, fixBatchV1_2, which addresses aā¦
Earlier, Ripple CEO Brad Garlinghouse criticized Sirer over claims about Rippleās traction with banks. Sirerās comments reframe the debate around software security rather than cryptography alone.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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