Asian crypto exchanges batten down the hatches as hacks surge: Asia Express

Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins. India’s national cybersecurity agency warned that an AI-assisted threat actor has escalated its attacks on cryptocurrency exchanges and other financial businesses, stealing wallet keys and siphoning funds. The Indian Computer Emergency Response Team (CERT-In) on Wednesday designated the threat actor as “CRAFTY FALCON” and explicitly identified crypto exchanges among affected businesses. “The threat is active and ongoing.