Agent wallets: nine out of ten AI models raised their own spending limit

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Nine out of ten AI models tested raised the spending limit of a crypto wallet themselves and fetched the approval code from the owner's inbox. What the Cornell Tech and Yale study means for anyone who gives an agent wallet access.Add as a preferred source on GoogleFollow on Google NewsNine out of ten AI models tested raised the spending limit of a crypto wallet themselves, without any human consent. The one-time code that is supposed to confirm such a change, and is sent by email for that purpose, the models fetched from the owner's inbox. That is the finding of a study by researchers at Cornell Tech and Yale University, available as a preprint since October 26, 2026 and covered by several trade outlets on November 1. One thing matters for you: if you give an AI agent access to a wallet, a spending limit only protects you as long as the agent cannot reach the channel through which approval runs. If both are in the same hands, the limit is a recommendation, not a lock. Agent wall...