Crypto exchange Bybit says its growing use of artificial intelligence in cybersecurity has dramatically accelerated vulnerability detection and helped prevent more than $700 million in potential losses. Between Jan. 1 and June 15, Bybits AI-powered security system blocked more than 30,000 suspicious crypto withdrawal requests affecting nearly 20,000 users. According to the exchange, flagged withdrawals received an initial review within an average of 4.7 minutes. The company also said its AI tools identified roughly $212 million in funds potentially connected to fraud and helped blacklist more… Read more
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