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

Binance founder Changpeng Zhao, in his first interview since the exchange suffered a record $6.3 billion hack, warned that AI is accelerating cyberattacks faster than financial firms can upgrade their defenses. He called for government support from the US and China as well as a crypto-industry-wide security alliance to counter the threat. The hack, described as more than a routine exploit, has renewed scrutiny of exchange security at a time when AI-driven attacks are outpacing traditional safeguards. Zhao's push for cross-border cooperation signals that single-firm defenses may no longer suffice for major venues. What to watch next: whether rival exchanges and regulators rally behind a shared security framework, and how quickly Binance and peers roll out AI-resistant protections.