Binance Utilizes AI to Protect Users, Preventing Approximately $105 Billion in Potential Fraud Over 15 Months

2026/05/12 12:22 (Updated 2026/05/12 15:00)
CoinPost
Written by K.Kobayashi
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Binance Utilizes AI to Protect Users, Preventing Approximately $105 Billion in Potential Fraud Over 15 Months

Leveraging AI for User Protection

Leveraging AI for User Protection

Leading cryptocurrency exchange Binance (Global) announced on the 11th that from the first quarter of 2025 to the first quarter of 2026, it utilized artificial intelligence (AI) to prevent potential fraud-related damages totaling approximately $105 billion (about 1.7 trillion yen).

During this period, the number of users protected exceeded 5.4 million. The use of AI to counteract fraud and unauthorized outflows has increased...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.