Binance says it blocked 22.9M AI attacks, preventing $10.5B in losses

Binance announced it has blocked over 22.9 million AI-based fraud and phishing attacks, preventing an estimated $10.53 billion in potential damages, according to its latest security report. The exchange currently utilizes more than 24 AI security systems and over 100 AI models, which helped protect the assets of approximately 5.4 million users in the first quarter of this year. Additionally, Binance reported sending an average of more than 9,600 real-time risk alerts daily and has blacklisted over 36,000 malicious addresses. Binance noted a rapid increase in cryptocurrency scams that use AI deepfakes, voice cloning, and phishing bots, explaining that crypto-related fraud amounted to approximately $17 billion in 2025, a roughly 30% increase from the previous year.