AI May Be Getting Unfairly Dragged Into Binance Hack Conversation — Market Talk

Artificial intelligence will probably be blamed for the $6.3 billion Binance hack, regardless of whether it was actually involved or not, StoneX analyst Mark Palmer says in a research note. There is no evidence that AI was involved yet, but the market was already anxious about AI when the breach happened, the analyst says. The intrusion appears to have actually been pulled off using techniques consistent with social engineering, which the apparent perpetrator, TraderTraitor, has used for years, he says. ([email protected])