Binance founder Changpeng “CZ” Zhao said on October 23, 2026 that fears of AI breaking cryptocurrency encryption are overblown. He argued that the greater risk comes from AI-enhanced phishing, social engineering and the use of personal information obtained through data breaches. CZ also stated that banks and legacy internet systems often rely on weaker encryption standards than cryptocurrency systems. The previous day, he warned about two PHP vulnerabilities, CVE-2026-109618 and CVE-2026-109619, which could allow remote code execution on unpatched servers. His advice was to verify links, distrust unexpected urgent messages and promptly update exposed infrastructure.
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