Blockchain security firms warn of AI-based scams in 2024

Crypto investors may be plagued by artificial intelligence scams in 2024, blockchain security companies have announced.

According to Tekna technology and technology news service, security companies believe that cryptocurrency thieves will be able to carry out more accurate and successful frauds with the help of artificial intelligence next year. In the last days of 2023, a lot of news has been published about cryptocurrency and crypto scams, which shows that these hackers have managed to steal 2 billion dollars of cryptocurrency in 2023 alone.

Blockchain security companies have warned crypto investors about sophisticated phishing and scams, as well as vulnerabilities in smart contracts. Artificial intelligence-based phishing scams and related exploits and vulnerabilities can be considered one of the biggest threats to cryptocurrency projects and investors.

One of the blockchain analysts, Jesse Leclerc, said that crypto scams are now much more advanced, and artificial intelligence technology has made hackers pursue their cyber attacks in a more advanced way. This analyst believes that phishing attacks will become more sophisticated in the coming year, and therefore users should be more careful than before. According to him, the use of productive artificial intelligence can make the situation worse and will allow hackers to use automatic and easier operations.