Mitchell Amador: AI model exacerbates encryption security vulnerabilities

Immunefi CEO Mitchell Amador stated that AI models such as Claude Opus 4.8 and ChatGPT 5.5 will lead to a resurgence of crypto hacking activity in 2026. DefiLlama data shows that in April 2026, over $634 million in funds were stolen from encrypted platforms, marking the highest monthly total since the Bybit hacking incident in February 2025, which caused a loss of $1.4 billion. On April 19th, the attacker transferred 116500 rsETH worth approximately $292 million from Kelp DAO's rsETH bridge. LayerZero states that the 1/1 decentralized verification network configuration of Kelp DAO forms a single point of failure. （Cointelegraph）