CZ says AI hacking fears in crypto are overblown, warns phishing is the real threat

The Binance founder argues AI is more likely to hurt crypto users through leaked data and social engineering than by breaking encryption Binance founder Changpeng “CZ” Zhao has a message for anyone losing sleep over AI cracking crypto’s encryption. That is probably not the problem you should be worried about. In a post on X on October 23, 2026, CZ argued that fears about AI hacking crypto are overblown. He added a caveat: AI can still cause real damage through leaked data, smarter phishing, and social engineering.