Binance AI security blocked $10.5B in crypto scam and phishing losses!

Binance says its AI-powered security systems prevented $10.5 billion in user losses from crypto scams and phishing attacks, with $1.98 billion of that total safeguarded in Q1 2026 alone — across 22.9 million blocked attempts in a single quarter.

The scale of the threat is underscored by Binance Research's own estimates: AI is currently twice as effective at exploitation as it is at detection, and AI-enabled scams are 4.5 times more profitable than traditional methods. That asymmetry makes the exchange's defensive deployment of the same technology a meaningful counterweight, not a comfortable lead.

For retail users, the numbers frame a stark reality — the attack surface is growing faster than most individual defenses can track, and platform-level AI intervention is increasingly the last line of protection between a user and a drained wallet.