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Elon Musk Warns AI Agents Could Exploit Crypto After Binance Hack

Elon Musk Warns AI Agents Could Exploit Crypto After Binance Hack

Photo: Bitcoinist

TLDR Elon Musk warned that advanced AI agents could eventually exploit cryptocurrency systems to obtain money for themselves. His remarks followed reports that a Binance-linked attacker deposited 60 million USDT into Aave and borrowed approximately $44.6 million in wrapped Ether. Musk did not claim AI was involved in the Binance hack. His warning concerned the potential behavior of future autonomous systems. Aave introduced restrictions across its V3 and V4 lending markets, while Binance reported approximately $6.3 billion in affected assets and $3 billion frozen.

Also reported by crypto.news, Coinpedia, CoinTurk News, TheStreet Crypto.

Source: Bitcoinist

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