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AI Becomes a Security Tool for Crypto and Blockchain Industry as Cyber ​​Threats Rise

4 hours ago | Artificial Intelligence


Jakarta, INTI - The development of artificial intelligence (AI) technology is said to open up opportunities for the crypto and blockchain industry to strengthen security systems more proactively.

This was conveyed by the CEO of Indodax, William Sutanto. He stated that attack patterns in the blockchain ecosystem are becoming increasingly complex, requiring security systems to be updated to address evolving threats. Cybercriminals are increasingly organized and utilizing various methods that are difficult to detect with conventional approaches.

This threat complexity was reflected in two hacking incidents in April 2026, affecting Drift Protocol and KelpDAO, resulting in a total loss of approximately USD 577 million. A TRM Labs report noted that these two incidents accounted for approximately 76% of the total value of stolen crypto assets through April 2026.

"Security systems must also be able to adapt more quickly, and AI is one technology that has great potential to support these efforts," he said in his statement.

Amid these increasing threats, he continued, AI technology is beginning to be utilized as a potential new solution in blockchain security as it enables faster smart contract analysis and continuous risk monitoring. This allows potential vulnerabilities to be identified before they escalate into larger incidents.

AI Can’t be the Only Solution

William added that the use of AI is starting to be implemented by several technology companies, such as Frosty, developed by Coinbase, and Mythos, developed by Anthropic. However, he emphasized that AI is not a single solution to all security threats in the digital asset and crypto industry.

"AI acts as a resource multiplier that accelerates technical detection. However, blockchain security remains an ecosystem with layered protection," he said.

He stated that the foundation lies in regulated governance, independent audits, strict access management, increased user awareness, including KYC and security hygiene, and competent human resources to make informed decisions.

Going forward, blockchain security will no longer be determined solely by how frequently a system is audited, but also by how quickly it can detect, analyze, and respond to evolving threats.

"This is where AI begins to play an increasingly important role as a supporter of more adaptive security systems," he said.

Regarding this, William stated that his company is committed to continuously strengthening security standards through the implementation of technology, governance, and security education for the public.

Conclusion 

The development of artificial intelligence (AI) is seen as opening up opportunities for the crypto and blockchain industry to more proactively strengthen security systems amid increasingly complex cyber threats. Indodax CEO William Sutanto stated that cybercriminals are now increasingly organized and using methods that are difficult to detect with conventional approaches, necessitating technology that can adapt more quickly. AI enables smart contract analysis, continuous risk monitoring, and real-time detection, allowing potential vulnerabilities to be identified early. However, William emphasized that AI is not a single solution, but rather a supporting element.

Read more: AI Adoption in the Banking Industry Climbs to 57%, Enhancing Services and Credit Decision-Making

 

Indonesia Technology & Innovation
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