Michael Saylor warns: AI attacks do not threaten Bitcoin, but crypto exchanges all the more

Michael Saylor warned that AI-powered cyberattacks pose a growing threat to crypto exchanges rather than to the Bitcoin network itself, as criminals have stolen billions of dollars from trading platforms. Saylor defended Bitcoin's decentralized architecture against criticism, arguing that its protocol remains resilient while centralized exchanges bear the brunt of increasingly sophisticated AI-driven breaches. The warning comes as exchange hacks and exploits continue to drain large sums from the industry, underscoring the security risks concentrated in custodial platforms. It matters because exchanges remain the primary gateway for most investors, meaning trust in centralized venues is central to crypto adoption. What to watch next is whether exchanges ramp up AI-based defenses and whether insurance and proof-of-reserves practices evolve in response to the mounting losses.