Crypto Has a New Enemy After Binance Hack, Michael Saylor Warns

Hackers took about $6.3 billion from Binance last week. Michael Saylor now warns that attackers armed with artificial intelligence (AI) will hunt the weakest software holding customer money. That risk sits with anyone who keeps coins on an exchange. Binance says it has refilled most of the stolen funds from its reserves, yet the breach began with an old trick, a fake job interview. Why Saylor Says Exchange Software, Not Bitcoin, Is the Target Saylor chairs MicroStrategy, a company whose main asset is Bitcoin (BTC). At the OranjeBTC Summit in São Paulo, he was asked about Binance and a second breach in Brazil. On November 2, security firm Hypernative flagged more than $40 million in suspicious transfers from Mercado Bitcoin , a Brazilian exchange.

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