Artificial Intelligence AI News AI Can't Stop Crypto Fraud: How Machine Learning is Losing the 600% Crime Battle Crypto fraud hit $10.5 billion in 2021—a staggering 600% jump from 2020. Despite advances in AI-powered blockchain analysis, automated scams and algorithmic theft are outpacing detection systems, exposing a critical gap in machine learning security.
Artificial Intelligence AI News Poly Network's $600M Crypto Theft: How AI Detection Systems Failed to Stop Hackers Poly Network became the victim of the largest cryptocurrency theft in history—a staggering $600 million in stolen tokens. As cybersecurity experts analyze the breach, critical questions emerge about why AI-powered fraud detection systems failed to identify and stop the attack in real-time.
