Bybit credits AI tools with saving $700M, one year after $1.46B hack
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Crypto exchange Bybit has reported that artificial intelligence helped it recover and protect approximately $700 million in the year following a massive $1.46 billion security breach. The hack, attributed to North Korean cybercriminals, remains one of the largest thefts in cryptocurrency history. Bybit is now the first major centralized exchange to quantify AI's financial impact on its recovery and security operations. The claim aligns with broader assertions bitcoin developers have been making about AI's role in strengthening crypto security.
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