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CZ Calls for Crypto Security Alliance After AI-Driven Attacks Accelerate

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crypto security alliance — In his first public comments following a major security incident at Binance, founder Changpeng “CZ” Zhao warned that artificial intelligence is accelerating cyberattacks against the crypto industry and called for the formation of a united security alliance.

Zhao made the remarks in a new interview, highlighting the growing sophistication of threats facing exchanges and protocols. He stated that AI tools are enabling attackers to automate and scale their operations, making traditional security measures less effective over time.

The Binance executive argued that a collaborative defense is now necessary, suggesting that companies should share intelligence on threats and attack vectors. He believes a collective industry effort could help preempt breaches rather than simply reacting to them after funds are stolen.

This public appeal follows a recent high-profile hack targeting Binance, though specific details of that incident were not rehashed in the interview. Zhao’s comments underscore a shifting landscape where defensive strategies must evolve alongside offensive capabilities powered by new technologies.

Original reporting: The Block