Crypto is in ‘arms race’ in opposition to AI-powered scams: Quantstamp co-founder

With the sector of synthetic intelligence evolving at close to breakneck velocity, scammers now have entry to instruments that may assist them execute extremely refined assaults en masse, warns the co-founder of Web3 safety agency Quantstamp.

Talking to Cointelegraph at Korea Blockchain Week, Quantstamp’s Richard Ma defined that whereas social engineering assaults have been round for a while, AI helps hackers develop into “much more convincing” and enhance the success fee of their assaults.

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