The crypto exchange claims artificial intelligence contributed to cost savings following a major security breach.
Bybit disclosed that it incurred a $1.46 billion loss from a North Korean hacking incident a year ago. The exchange now states that AI tools helped it save $700 million in operational costs.
Further verified details regarding the implementation and impact of the AI measures were not immediately available.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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