News · Cointelegraph
Binance confirms AI-powered security has thwarted $10 billion in fraud since 2025
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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.
Key facts
- In the first quarter of 2026 alone, the exchange said it “intercepted 22.9 million scam and phishing attempts,” saving $1.98 billion worth of user funds
- Crypto exchange Binance says its AI-powered security tools helped prevent more than $10 billion in user losses from scams and fraud between early 2025 and March 2026
- Binance said that over the 15 months through March, it helped prevent $10.53 billion in user losses and blacklisted 36,000 malicious addresses through AI-integrated security systems
- AI-driven decisioning now powers 57% of fraud controls, contributing to a 60%-70% reduction in card fraud rates compared to industry benchmarks," Binance said
Summary
Crypto exchange Binance says its AI-powered security tools helped prevent more than $10 billion in user losses from scams and fraud between early 2025 and March 2026. Binance said that it had protected more than 5.4 million users from fraud between the first quarter of 2025 and the first quarter of 2026 after rolling out over 24 AI-driven initiatives and more than 100 models. “AI-powered scams and exploits are accelerating,” Binance said. Scams and exploits have plagued crypto as highly organized threat actors have adopted AI to create more sophisticated attacks.