AI Has Been a 'Net Negative' for Crypto: Phemex CEO's Take
AI News Brief: Phemex CEO Federico Variola says AI has been a ’net negative’ for the crypto industry overall, even though his exchange announced back in February that it would fully integrate AI into product development and internal operations. He points out that AI has already pulled significant capital and liquidity out of crypto, while also massively boosting attackers’ capabilities, …