Solana Foundation's CISO Warns AI is Making Crypto Scams More Convincing, Driving Next Wave of Blockchain Security Concerns
Michael Coates, the new Chief Information Security Officer (CISO) at the Solana Foundation, has warned that artificial intelligence (AI) is making crypto scams more convincing. He stated that AI vulnerabilities and fake identities will be the primary drivers of the next wave of blockchain security concerns. Coates highlighted that AI and deepfakes will significantly worsen social engineering attacks, potentially leading to fully spoofed phone calls with familiar voices. He emphasized the need for crypto projects to implement multi-layered security controls to protect users, even if they fall victim to sophisticated scams, rather than solely relying on users to become security experts.
Source:CoinDesk · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is CPS? An Analysis of the Crypto Project Behind the Multi-Meaning Acronym and an Assessment of Investment Risks
-
2
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
-
3
Korean Shipbuilders Sweep Up LNG, Ammonia Orders as Energy Demand Holds Firm
-
4
Analysis: Bloom Energy (BE) Emerges as Top AI-Power Stock Pick, Reports Over $1 Billion Revenue and $196 Million Net Profit in Q2 2026
-
5
Escalating U.S.-Iran Tensions Push Oil Prices Back Above $80; U.S. Energy Secretary Says No Further Large-Scale Release of Strategic Petroleum Reserve (SPR) Is Expected
-
6
MicroStrategy plans to restore the price of its digital credit product, $STRC, to $99–$100 and reiterates that it has no intention of issuing it below par value.
-
7
Analysts believe that if the crypto market enters a new cycle, a portfolio of Bitcoin, and XRP could outperform the S&P 500 by 2030.
-
8
Baird Analyst Doubles AMD Price Target to $1,250 (155% Upside) After Stock's 10% July Drop, Citing Microsoft's Strong Azure Growth
-
9
US Treasury May Intervene in Yen Market on Friday, Banks Told to Stand By for 'Future Actions' via NY Fed
-
10
TRUMP ON ISRAEL, HAMAS DEAL: BIG STEP FOR MIDDLE EAST
Markets Today
Recommended Reading




