AI Cyber Threats Shake Crypto Industry

The cryptocurrency sector is on high alert following recent high-profile hacks that may have leveraged artificial intelligence. Attacks on Drift and Kelp DAO in April resulted in nearly $600 million in losses, raising concerns about AI's growing role in sophisticated cybercrime. Drift has since ceased operations and is planning a relaunch with support from Tether. These incidents highlight the evolving threat landscape within decentralized finance and underscore the urgent need for enhanced security measures to protect digital assets from AI-powered attacks.