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

Cointelegraph· Cointelegraph by Felix Ng· Sep 16, 2026 · 6:38 AM
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.

This is a summary. Read the complete story at Cointelegraph below.

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