According to Fox News, a cybersecurity expert has warned that as few as 20 cloud-stored images are sufficient for advanced AI tools to generate deepfake videos of children, raising serious security concerns for both personal privacy and blockchain identity verification. With the rise of AI-generated media, the risk of social engineering scams and identity fraud targeting crypto wallets and exchanges increases significantly, making robust security protocols and real-time identity verification crucial for traders and investors (source: Fox News, May 21, 2025).

According to Greg Brockman on Twitter, the release of Codex for bug finding enables more efficient and automated code review, which is crucial for identifying vulnerabilities in smart contracts and DeFi protocols (source: Greg Brockman, Twitter, May 16, 2025). Traders should note that enhanced bug detection can reduce the risk of exploits and hacks in blockchain platforms, potentially increasing investor confidence and contributing to higher valuations for security-focused crypto assets.

According to Mihir (@RhythmicAnalyst) on Twitter, the main risk to cryptocurrency holders comes from phishing attacks targeting individuals, not exchanges. Mihir reports receiving daily phishing attempts via text messages, where attackers try to trick users into clicking malicious links to compromise their accounts. He advises traders to implement two-factor authentication (2FA), set up withdrawal whitelists, and avoid interacting with suspicious links or messages. These concrete security measures are crucial for protecting digital assets and reducing the risk of unauthorized withdrawals, which can have direct trading and portfolio impacts. Source: Mihir (@RhythmicAnalyst) Twitter, May 15, 2025.