AI bots are self-learning software that automated and enhanced cyberattacks, making them more potent than traditional hacking methods. Their key threats include speed, scalability, and adaptability, enabling single bots to execute thousands of simultaneous attacks, scanning millions of blockchain transactions in minutes. AI-driven scams like personalized phishing attacks have become increasingly effective, with criminals using AI to craft messages that mimic real communications from crypto platforms. Cases such as the exploitation of vulnerabilities in DeFi projects and automated brute-force attacks have also increased. Additionally, deepfake technology can create realistic impersonations, misleading victims into scams. Protecting against these threats involves using hardware wallets, enabling multi-factor authentication, and carefully verifying identities. As AI's influence in cybercrime grows, proactive security measures will be crucial for safeguarding digital assets in the cryptocurrency space.

Source 🔗