The amount of “saved” funds exceeds $10.5 billion.
Binance has reported that its AI-powered security systems helped protect users from fraud totaling $10.53B between the start of 2025 and the Q1 of 2026.
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In the first quarter of 2026 alone, the exchange blocked 22.9M phishing and scam attempts, saving users $1.98B.
Is AI Becoming a Threat?
According to Binance, cybercriminals are actively using AI to automate attacks. The cost of creating a malicious smart contract has fallen to $1.22, down 22% month-over-month. The effectiveness of advanced AI models in attacks has reached 72.2%.
In 2025, total crypto fraud volume reached $17B, a 30% increase from the previous year. 76% of AI-driven attacks fall into the most dangerous category.
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Multi-Layered Protection
Binance has implemented more than 100 machine learning models and 24 initiatives. AI now manages 57% of all anti-fraud operations. This has reduced card fraud rates by 60 to 70%.
The exchange has also significantly strengthened its KYC system. Verification efficiency has improved 100-fold compared to the manual process. Binance sends more than 9,600 threat alerts daily and has blacklisted over 36,000 suspicious addresses.
Results
- Returned $12.8M to users across 48,000 incidents
- Helped law enforcement confiscate $131M
- Processed over 71,000 official requests from authorities
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