Anthropic’s new AI model, Claude Mythos, is raising alarms as it has the potential to autonomously exploit security vulnerabilities in the crypto market, according to a second-quarter outlook by Coinbase. Despite these concerns, David Duong of Coinbase noted that three-quarters of institutional investors remain optimistic about Bitcoin, viewing it as undervalued amid fears within the market. Major exchanges, such as Coinbase and Binance, are swiftly seeking access to Mythos to enhance their defenses, reflecting the urgency stemming from its ability to uncover significant security flaws. This comes at a time when the crypto industry faces growing risks, having suffered $3.4 billion in losses from hacks and attacks in 2025, underscoring the critical need for enhanced cybersecurity measures.
Bitcoin: Bitcoin is the original decentralized cryptocurrency functioning as a digital store of value and medium of exchange. It supports a broad ecosystem including spot markets, ETFs, and institutional portfolios. The news reports that institutional investors remain confident in Bitcoin despite AI security threats posed by Mythos.
Coinbase: Coinbase is a leading cryptocurrency exchange offering trading, custody, and institutional research services. Its research team publishes quarterly market outlooks analyzing trends and risks. In the news, Coinbase’s Q2 outlook co-authored with Classnode warns of Anthropic’s Mythos AI risks while affirming strong institutional bullishness on Bitcoin.
Anthropic: Anthropic is an AI research company developing advanced large language models in the Claude series focused on safety and reliability. Its Mythos Preview represents a frontier model capable of autonomously identifying and exploiting zero-day vulnerabilities in software systems like operating systems and browsers. The news highlights Mythos as a potential threat to crypto markets by targeting weak points in protocols, exchanges, and infrastructure.
Classnode: Classnode is an on-chain data firm providing analytics and insights into cryptocurrency markets. It collaborates with major exchanges on research reports. The news references its partnership with Coinbase on a Q2 outlook assessing Mythos AI threats to crypto security.
DefiLlama: DefiLlama is a prominent analytics platform aggregating data on decentralized finance protocols, including hacks and on-chain metrics. It offers dashboards and databases for tracking industry events. The news cites DefiLlama data supporting Bitcoin ETF inflow trends backing Coinbase’s neutral market outlook.
David Duong: David Duong serves as Global Head of Investment Research at Coinbase, leading analysis on crypto markets and institutional trends. He authors key research notes shared with industry publications. In the news, Duong notes that three-quarters of institutions view Bitcoin as undervalued amid short-term AI fears.
Cyvers Alert: Cyvers Alert is a cybersecurity platform specializing in on-chain threat prevention and fraud detection for digital assets and Web3. Led by CEO Deddy Lavid, it focuses on real-time monitoring of exploits. The news quotes its head warning that AI like Mythos poses serious risks to crypto reliant on browsers, wallets, and open-source tools.
AI Security Risks: Mythos Preview enables non-experts to discover remote code execution vulnerabilities overnight, prompting government discussions on cyber capabilities.
Industry Defense Efforts: Major exchanges including Coinbase and Binance are urgently seeking access to Mythos to bolster defenses against its autonomous exploitation abilities.
Institutional Resilience: Bitcoin maintains strong institutional support as investors prioritize long-term value over short-term AI threat concerns.