AI bug hunting, faster patches and the quantum debate, and what it means for a company holding bitcoin.
The big losses in 2026 came from a wallet's firmware, a payment server and an exchange. Bitcoin's own rules and signatures held up. What I wanted to look at is what the people who maintain Bitcoin are doing about two things at once: AI making bugs cheap to find, and a quantum timeline that keeps getting pulled in.
Bitcoin Core's maintainers say they're seeing more reports of bugs that are easy to find or rediscover, and they put that "largely" on LLMs.
A few of the year's incidents:
All three sat in software people use to hold or move bitcoin.
The response has been to point the same AI tools at the code before attackers do.
One Brink-funded engineer says he's seen more than 1,000 LLM-generated reports against Bitcoin Core. Most were false positives or hypothetical internal issues, and none came in at high or critical. He says himself that he's biased.
On October 22 Bitcoin Core changed its security policy. A bug a simple LLM prompt could find no longer sits under an embargo of up to a year. It gets a patched release for every maintained version and a public advisory right away. The maintainers know these fixes may get less testing before release. An embargo only helps if attackers can't find the bug on their own, and with AI they can.
It got used within a week:
Worst case was a crashed node. There was no way to move anyone's coins with it.
Bitcoin's signatures use elliptic-curve cryptography, and a big enough quantum computer could break it. In March, Google Quantum AI estimated it could take fewer than 500,000 physical qubits to break a 256-bit elliptic-curve key, about 20 times fewer than earlier estimates. Google has set 2029 for its own migration, and NIST guidance points to phasing out ECDSA and RSA by 2030.
The hardware is a long way off. The biggest public quantum attack on an elliptic-curve key broke 15 bits in April (Bitcoin uses 256). Chaincode Labs sees it as roughly a two-year emergency track and a seven-year full transition.
Where it actually gets decided is the proposals, and they're being argued in the open:
There's no agreed post-quantum signature scheme yet and no migration date. About a third of supply sits in outputs whose public keys are already visible on-chain, including the very early coins and reused addresses. Coins in hashed addresses that have never been spent from haven't shown their keys.
If you want to talk through how your company holds its bitcoin, grab a time with us.
This is not financial advice.