Bitcoin
Bitcoin (BTC)
$62,830.00 1.17102
Bitcoin price
Ethereum
Ethereum (ETH)
$3,471.98 1.14897
Ethereum price
BNB
BNB (BNB)
$414.43 1.27757
BNB price
Solana
Solana (SOL)
$130.65 0.3056
Solana price
XRP
XRP (XRP)
$0.6280200 -1.02708
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 -3.19899
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000055 27.79781
Pepe price
Bonk
Bonk (BONK)
$0.0000256 4.80267
Bonk price
Bitcoin
Bitcoin (BTC)
$62,830.00 1.17102
Bitcoin price
Ethereum
Ethereum (ETH)
$3,471.98 1.14897
Ethereum price
BNB
BNB (BNB)
$414.43 1.27757
BNB price
Solana
Solana (SOL)
$130.65 0.3056
Solana price
XRP
XRP (XRP)
$0.6280200 -1.02708
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 -3.19899
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000055 27.79781
Pepe price
Bonk
Bonk (BONK)
$0.0000256 4.80267
Bonk price
Bitcoin
Bitcoin (BTC)
$62,830.00 1.17102
Bitcoin price
Ethereum
Ethereum (ETH)
$3,471.98 1.14897
Ethereum price
BNB
BNB (BNB)
$414.43 1.27757
BNB price
Solana
Solana (SOL)
$130.65 0.3056
Solana price
XRP
XRP (XRP)
$0.6280200 -1.02708
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 -3.19899
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000055 27.79781
Pepe price
Bonk
Bonk (BONK)
$0.0000256 4.80267
Bonk price
Bitcoin
Bitcoin (BTC)
$62,830.00 1.17102
Bitcoin price
Ethereum
Ethereum (ETH)
$3,471.98 1.14897
Ethereum price
BNB
BNB (BNB)
$414.43 1.27757
BNB price
Solana
Solana (SOL)
$130.65 0.3056
Solana price
XRP
XRP (XRP)
$0.6280200 -1.02708
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 -3.19899
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000055 27.79781
Pepe price
Bonk
Bonk (BONK)
$0.0000256 4.80267
Bonk price

Global deepfake incidents involving AI targeting crypto at peak levels, industry report

global-deepfake-incidents-involving-ai-targeting-crypto-at-peak-levels-industry-report
Edited by
News
Global deepfake incidents involving AI targeting crypto at peak levels, industry report

AI-driven fraud targeting crypto is gaining steam with the industry a target of 88% of exploits.

“With AI-driven fraud remaining the most prominent challenge across various industries, crypto is the main target sector (representing 88% of all deepfake cases detected in 2023), followed by fintech (8%).”

Sumsub research

The findings are published by sumsub research a company that provides online identity verification tools.

The report also adds that between 2022 and 2023 the number of deepfakes detected globally across all industries increased 10-fold.

In terms of regional differences, there was an increase of 1,740% surge deepfake cases in North America, the primary target for hackers. While Asia Pacific scams increased 1,530%, compared to 780% in Europe (including the UK), 450% in the Middle East and Africa and 410% in Latin America.

The country experiencing the most deepfakes is Spain, the most fake document in the world is the UAE passport, while Latin America is the region where fraud has increased across all countries, the report also found.

The crypto industry has already faced a series of hacks and thefts this month. At the beginning of the month, an attacker undermined the internal exchange price of oPEPE and ended up stealing more than $2m from Onyx protocol.

In addition, the Poloniex cryptocurrency exchange suffered a hacker attack.

Poloniex’s owner Justin Sun confirmed the hack and said that Poloniex will compensate users losses at their own expense.

While earlier this year another attack occurred on a crypto wallet that was linked to the largest by market capitalization exchange Binance. According to the analysis, the cybercriminal promptly exchanged the stolen funds for Ethereum (ETH). To cover his tracks, he used services such as FixedFloat and ChangeNow.

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