Identity checks on crypto exchanges at risk as AI deepfakes evolve By Cointelegraph

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The rise of artificial intelligence (AI) has been subject to growing concerns over identity verification tools on cryptocurrency exchanges.

With rapidly evolving AI technology, the process of creating deepfake proofs of identity is becoming easier than ever. The concerns about AI-enabled risks in crypto have triggered some prominent industry executives to speak out on the matter.

Binance requires video evidence of the user for certain withdrawal of funds. Source: Binance

Continue Reading on Coin Telegraph

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The rise of artificial intelligence (AI) has been subject to growing concerns over identity verification tools on cryptocurrency exchanges.

With rapidly evolving AI technology, the process of creating deepfake proofs of identity is becoming easier than ever. The concerns about AI-enabled risks in crypto have triggered some prominent industry executives to speak out on the matter.

Binance requires video evidence of the user for certain withdrawal of funds. Source: Binance

Continue Reading on Coin Telegraph

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