AI makes crypto scams more convincing, warns Solana Foundation's new CISO, Michael Coates.
Recent major security incidents stemmed from advanced compromises like fake identities and AI-generated scams, not just smart contract exploits. Coates expects AI and deepfakes to worsen social engineering attacks, including fully spoofed phone calls.
Our take: crypto's attack surface is shifting. We've hardened smart contracts for years; the next exploit wave targets users, not code. Individual operational security is now as critical as protocol security.
Watch $SOL 72.56. A break below the 24h low signals further downside; reclaim 73.37 (EMA50) and immediate pressure eases.
$SOL
Recent major security incidents stemmed from advanced compromises like fake identities and AI-generated scams, not just smart contract exploits. Coates expects AI and deepfakes to worsen social engineering attacks, including fully spoofed phone calls.
Our take: crypto's attack surface is shifting. We've hardened smart contracts for years; the next exploit wave targets users, not code. Individual operational security is now as critical as protocol security.
Watch $SOL 72.56. A break below the 24h low signals further downside; reclaim 73.37 (EMA50) and immediate pressure eases.
$SOL