Coldcard Flaw Sparks AI Security Push in Crypto
Dragonfly managing partner Haseeb Qureshi says cheap artificial intelligence tools could change how crypto projects handle software security.

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LIVECrypto venture capitalist Haseeb Qureshi recently highlighted a critical security flaw in the Coldcard hardware wallet to point out a major shift in cybersecurity economics. He noted that finding vulnerabilities now costs very little, thanks to modern artificial intelligence tools. According to his analysis, a basic two dollar automated audit could have caught the Coldcard issue before release.
This development means that bad actors can use the same cheap artificial intelligence models to scan for weaknesses at scale. Because the cost of attacking software is dropping so fast, crypto companies can no longer rely on traditional manual code reviews alone. Qureshi suggests that every single software update needs an automated scan by frontier artificial intelligence models before it goes live.
Traders and developers should watch for how wallet makers and protocol teams upgrade their security pipelines in the coming months. As automated audits become standard practice, security budgets across the industry will likely shift toward continuous machine learning testing to stay ahead of fast moving exploits.
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