AI Gives Crypto Hackers Machine Speed as Billions Sit at Risk

Crypto is confronting a dangerous collision between increasingly valuable digital assets and artificial intelligence (AI) systems that can automate phishing, vulnerability research, and credential theft at machine speed. Recent multibillion-dollar breaches are not all AI-driven, but security researchers say attackers are already using autonomous tools to compress operations that once required teams of hackers. Crypto’s latest security crisis has arrived just as artificial intelligence is making cyberattacks cheaper to launch and harder to contain. Binance said attackers caused an estimated $6.3 billion impact in an Oct. 30 breach, with its initial investigation pointing to a compromised DevOps laptop and unauthorized withdrawals. Bitget suffered another incident in September involving approximately $387.5 million transferred to attacker-controlled addresses. Neither company has publicly attributed its breach to AI. That distinction matters.

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