The Bitcoin Red Team audited 390 projects in 29.8 hours and discovered nearly 5,000 potential issues

The Bitcoin security organization Bitcoin Red Team, composed of 16 volunteers, stated that during a rapid AI-assisted review of Bitcoin ecosystem projects, nearly 5,000 potential issues were discovered. The members of the organization include AnchorWatch CEO Rob Hamilton and Bitcoin developer Calle, among others.

Calle mentioned that the Bitcoin Red Team used AI tools alongside manual reviews to scan for vulnerabilities in open-source code repositories related to Bitcoin, averaging about one critical vulnerability discovered per person per hour. Calle revealed that within 29.8 hours of launching, the team had identified 4,962 potential issues across 390 projects, with as many as 720 considered high-risk or critical issues, and currently, 21.4% of the findings are reproducible. This security review initiative was launched a few days after the Coldcard hardware wallet vulnerability incident, in which stolen Bitcoin valued at over $100 million was involved.