Binance says its AI-powered security systems have helped prevent large-scale crypto fraud losses since 2025. The exchange reports that its defenses thwart about $10.5 billion in potential user losses, citing figures of approximately $10.53 billion and describing the effort as spanning from 2025 onward. Binance also says it has blacklisted 36,000 malicious addresses as part of its fraud mitigation and claims that AI now powers more than half of its fraud controls. In a related account, Decrypt reports that Binance has deployed more than 100 AI models to counter a rise in AI-enabled scams. Both sources frame Binance’s approach as using multiple AI models and automated controls to identify suspicious activity, block malicious actors, and reduce losses for users. Binance’s announcements do not provide independent verification or detailed methodology for the loss prevention estimate, but they consistently describe scale—both in the number of AI models and the value of blocked potential losses—and point to address blacklisting as a concrete action tied to its security operations.
Binance says AI security defenses prevented about $10.5 billion in crypto fraud
Binance says its AI-powered security systems have helped prevent large-scale crypto fraud losses since 2025. The exchange reports that its defenses thwart about $10.5 billion in potential user losses,...
- Binance says its AI-powered security measures prevent roughly $10.5 billion in potential crypto fraud losses.
- Binance reports that the effort began in 2025 and is ongoing.
- Binance says it deployed more than 100 AI models for fraud detection and prevention.
- Binance says it blacklists malicious addresses, including 36,000 addresses cited in its update.
- Both outlets describe Binance’s defenses as relying heavily on AI for fraud controls.
Binance says it prevented $10.53 billion in user losses and blacklisted 36,000 malicious addresses, with AI now powering over half of its fraud controls.
3 months agoBinance, the world's largest crypto exchange, says it has deployed more than 100 AI models to counter a surge in AI-powered scams.
3 months ago
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