Binance and Bybit Hacks Show How AI Is Raising the Stakes for Crypto Security
Blockaid co-founder Ido Ben-Natan says the Binance and Bybit hacks involved a similar level of sophistication, with the biggest difference being the amount of money stolen.
He warns that hackers are becoming more capable by using AI, just as legitimate companies are adopting the technology.
The growing sophistication of attacks could create serious challenges for crypto exchanges, which must strengthen their security systems and improve real-time threat detection.
The comparison highlights a broader concern for the crypto industry: as AI tools become more powerful, both attackers and defenders gain new capabilities.