Legendary Hacker Jokes That None of Your Crypto Assets Are ‘Safe’

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Known for his hacking prowess, George Hotz humorously remarked that no one’s cryptocurrency holdings can be considered truly “secure.

The eye-catching assertion follows the unveiling of a purportedly groundbreaking polynomial time factoring algorithm by OpenAI, a top-tier artificial intelligence firm, in their latest o3 model.

The proposed algorithm could break down large numbers, potentially jeopardizing the safety of numerous cryptographic systems. Yet, it’s almost impossible for cryptographic security to be compromised without widespread use of advanced quantum computers. Indeed, if successful, this development would arguably rank among the greatest inventions of all time.

As a crypto investor, I received an article from Hotz via Axios that highlights a worrying trend in the tech industry: computer science graduates are becoming increasingly anxious about being replaced by AI due to the remarkable programming abilities demonstrated by the O3 model. This AI system has already surpassed the coding skills of most human developers, which could potentially render many computer science majors obsolete in their field.

Is this just a joke? 

At a relatively young age, George Hotz gained recognition not only for establishing the autonomous vehicle company Comma.ai but also for his past exploits such as cracking Apple’s iPhones and hacking into Sony’s PlayStation 3.

Many people who are interested in cryptocurrencies seem to find Hotz’s warning as more of a jest than a serious concern.

Adam Back, CEO of Blockstream, finds the allegation regarding the compromised cryptography algorithm to be highly questionable. It appears that the Axios article in question does not contain any specific information about this alleged algorithm.

Back has suggested that this could likely be simply “a misunderstood joke.”

Some people propose that the humor in this instance might be targeting the sensational news headlines associated with advancements in artificial intelligence.

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2025-01-20 08:38