Binance has demonstrated its commitment to user safety with the deployment of sophisticated AI-powered safeguards against potential data breaches. The company successfully repelled a series of targeted social engineering attacks, similar to the Coinbase breach in May 2025, without any customer data being compromised. Binance’s AI intervention marks a significant step forward in bolstering security standards within the cryptocurrency industry. Unlike the recent Coinbase incident, where customer data was lost, Binance acted swiftly and effectively, utilizing AI tools to thwart these attacks before they could cause harm. Binance CEO Richard Teng highlighted their proactive approach, stating: ‘Binance has deployed a suite of AI-powered safeguards in tackling AI-enabled crypto crime’. This incident highlights how robust AI security measures can be instrumental in preventing breaches that have previously plagued the cryptocurrency sector. It also signifies a shift towards prioritizing security as an industry standard. The company’s commitment to deploying advanced technology underscores its dedication to protecting user assets and ensuring trust within the ecosystem.