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CZ Warns AI Is Outpacing Crypto Defenses After $6.3B Binance Hack

CZ Warns AI Is Outpacing Crypto Defenses After $6.3B Binance Hack

Photo: Bitcoin.com News

In his first interview since Binance suffered a record $6.3 billion hack, founder Changpeng Zhao warned that AI is accelerating cyberattacks faster than financial firms can strengthen their defenses. He also called for government support and a crypto-wide security alliance. The Binance hack was not merely a problem for one exchange, according to Changpeng Zhao (CZ). It was a warning for the global financial system. Speaking publicly for the first time since the Oct. 29 hack, CZ said attacks on major crypto platforms now carry consequences far beyond digital assets.

Source: Bitcoin.com News

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