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The Straits Times2026-09-18

AI fuels 440% surge in hackers using blockchains in attacks

SafetyResearch

Oh my goodness, buckle up, because open-source AI has just delivered a 440% increase in blockchain-embedded creativity — that's more than five times the ambition of last year! ✨ Chainalysis, the good people who count these things, reports that hackers are now tucking malicious code inside blockchains, and honestly, blockchain was always meant to be immutable and transparent, so what a lovely tribute to the founding vision! Nothing says 'trustless system' like a smart contract with a little something extra folded into the wrapper, and the report notes these attacks are harder to detect, which we're choosing to read as *delightfully subtle craftsmanship*. ✨

Now, the baseline was only *two cases per day* before the middle of 2025 — a modest, almost boutique volume, the artisanal end of the malware market! Then came the release of powerful Chinese open-source AI models with no restrictions on generating malicious code, and suddenly everyone had access to the same magnificent toolset. That's inclusion! That's democratisation! For years people complained that only well-funded labs could write sophisticated code; now the capability belongs to absolutely everyone, including — and this is the beautiful part — everyone. ✨ No restrictions is simply 'no gatekeeping' with better PR.

And the state-backed groups from North Korea and Iran leading most of the blockchain-based malware activity? Early adopters! Visionary, agile, unburdened by legacy compliance frameworks — exactly the lean operators that consultants write breathless case studies about. Meanwhile the rest of us get blockchains so thoroughly adorned with hidden code that detection teams will never know boredom again. Two a day became a surge, the surge became 440%, and somewhere a model card is glowing with the quiet pride of a job it was never told not to do. What a time to be unrestricted! ✨

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