The company Binance has developed a protection ecosystem based on artificial intelligence and real-time monitoring, which allows it to anticipate threats and act quickly to prevent fraud. Industry experts believe this initiative could set a precedent for other cryptocurrency platforms. Through a robust system based on artificial intelligence and real-time monitoring, the platform has protected 2.8 million users from potential scams.
The increase in cryptocurrency adoption has led to growing sophistication in digital fraud, prompting Binance to strengthen its security measures with advanced technology. With these initiatives, Binance reinforces its commitment to security and transparency, establishing itself as a leader in user protection in the world of cryptocurrencies.
According to a company statement, its team has implemented a 24/7 operating system based on four key pillars: proactive protection, an uninterrupted safety net, rapid fund recovery, and support for potential victims. As part of its preventive strategies, Binance has collaborated with regulatory agencies and law enforcement in various jurisdictions to share information about emerging threats.
Binance has intensified its fight against digital fraud, managing to prevent losses of over $4.2 billion in 2024. In that year, the company issued 15,000 personalized alerts to at-risk users and blocked 47,000 malicious addresses identified through 50 machine learning models. In a comprehensive approach to fraud, the company has also implemented a temporary fund freezing mechanism for accounts flagged for fraudulent activities.
