AI-Driven Crypto Scams Surge: Industry Suffers $3.1 Billion Losses

Recent reports highlight the alarming rise of AI-powered scams targeting the cryptocurrency industry. These sophisticated attacks have resulted in over $3.1 billion in losses between January and June 2025, according to research from the industry. A high-profile breach on Bybit has shed light on the vulnerability of exchanges to these emerging threats. The North Korean actors behind this attack successfully stole $1.5 billion from the platform, highlighting the urgent need for enhanced security measures in a sector facing increasing AI-based attacks.