Binance hack shows AI could make crypto attacks 'more dangerous', analysts warn
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What the source said
“Binance hack shows AI could make crypto attacks 'more dangerous', analysts warn”
There is no evidence that artificial intelligence was used in the massive hack on Binance, but analysts warn that using the technology for such attacks could make them far more damaging. Estimates for the security breach on Thursday project that about $6.3 billion in assets were affected. About $3 billion has been frozen, including more than $2.3 billion in stablecoins. Binance co-chief executive Yi He said the exchange would cover all losses. Deposits and withdrawals remain suspended. Binance,…
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