Web3

AI has been a ‘net negative’ for crypto: Phemex CEO

Cointelegraph·September 16, 2026·1 min read

Phemex CEO Federico Variola says AI has been a 'net negative' for crypto, diverting capital and empowering attackers. Rising cybersecurity costs could push the industry toward greater centralization, he warned, as AI's impact on the sector continues to spark debate.

Read at Cointelegraph

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