Tag: jed mccaleb

Mt. Gox’s security flaws costed millions. Could AI have spotted them?

Could AI have prevented the collapse of Mt. Gox had it been around then? Mt. Gox’s former CEO’s AI-powered post-mortem raises an interesting ‘what if.’ Former Mt. Gox CEO Mark Karpelès probably wishes he had access to today’s artificial intelligence when he bought Mt. Gox from its founder, Jed McCaleb, in 2011. That’s because Karpelès has just fed an early version of Mt. Gox’s codebase into Anthropic’s Claude AI. What he got back was an analysis that broke down the key vulnerabilities that led to the defunct exchange’s first major hack, while labelling it “critically insecure.”In a Sunday X post, Karpelès said he uploaded Mt. Gox’s 2011 codebase to Claude, alongside various data, including GitHub history, access logs and data “dumps released by” the hacker. Read more.