Binance Hack: Pusheng Warns, “Security Strategies in the AI Era Are Vulnerable”

Cheetah Mobile ($CMCM) chairman Fu Sheng said Binance's recent large-scale asset theft does not indicate deficient security infrastructure, but rather reflects how traditional security strategies become vulnerable in the AI era, per Odaily. Fu argued that while Bitcoin's (BTC) cryptographic algorithms cannot be broken by conventional mathematical theory, the attack surface narrows considerably when human behavioral patterns are factored in, distinguishing algorithmic security from human-factor security. Binance co-founder He Yi responded that fire-prevention measures from the candle era cannot stop fires in the electric-light era, noting the industry is "crossing the river by feeling the stones" at considerable cost. The exchange of views follows the Binance exploit and frames the incident as an industry-wide security paradigm problem rather than a single exchange failure. Watch for whether Binance discloses additional details on the attack vector and whether AI-driven security frameworks gain traction among major exchanges.