Federico Bariola, CEO of cryptocurrency exchange Phemex, said in an interview with Cointelegraph that AI is having an overall negative impact on the cryptocurrency industry. This is because funds from the cryptocurrency industry are moving to other sectors, and attackers' hacking capabilities are becoming more threatening. Bariola pointed out, "The burden of security costs for small teams is increasing, and centralization may deepen in the response process." However, he added that AI agents could be useful for building portfolios and making trading decisions.
