Morning Edition · Friday, October 23, 2026Published at 1:49 AM EDT · New York

Binance Founder Says AI Endangers Crypto Holders Through Phishing Rather Than Broken Cryptography, as Anthropic Argues Models Can Scale Formal Verification

Four large United States banks reportedly detected unauthorized AI agents in customer accounts, and Etherscan has connected its chain data to ChatGPT and Claude.

Changpeng Zhao, the founder of Binance, said fears that AI will hack crypto are exaggerated. He argued that the internet and banking run on weaker encryption than Bitcoin does, Cointelegraph reported. He added a warning: "AI doesn't need to…