Deepfakes in Crypto: The Next Major Security Threat to Bitcoin and Ethereum

The cryptocurrency industry is bracing for its next critical security challenge: the rise of AI-generated deepfakes. As digital assets like Bitcoin (BTC) and Ethereum (ETH) gain mainstream adoption, malicious actors are increasingly using synthetic human videos and audio for sophisticated scams and social engineering attacks. This new threat vector targets crypto exchanges, wallet providers, and individual investors, exploiting trust to steal private keys and seed phrases. Security experts warn that deepfake technology could be used to impersonate CEOs, influencers, or support staff in convincing phishing campaigns. Combating this requires advanced biometric verification, multi-factor authentication, and user education. The evolution of this threat underscores the ongoing battle for security in the decentralized finance (DeFi) and broader blockchain ecosystem.