Mythos AI Threatens Crypto Markets as Institutional Investors Remain Bullish on Bitcoin

Cryptocurrency markets may be facing a new threat with the introduction of Anthropic's Mythos AI model. The model has the potential to exploit security vulnerabilities autonomously, which could have significant consequences for the industry.

According to a second-quarter outlook by Coinbase and Classnode, the model could 'hammer key weak points across protocols, exchanges, and infrastructure'. This has led some experts to warn of the risks associated with the AI's capabilities.

Despite these concerns, institutional investors remain optimistic about Bitcoin. Three-quarters of them still see it as undervalued, according to David Duong, Coinbase's global head of investment research.