Cointelegraph September 16, 2026

AI has been a ‘net negative’ for crypto: Phemex CEO

AI has been a ‘net negative’ for crypto: Phemex CEO

AI has been a ‘net negative’ for crypto: Phemex CEO

Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization.

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