{
  "id": 19483,
  "title": "Solana Foundation's new CISO warns AI is making crypto scams more convincing",
  "url": "https://urgent.news/2026/08/01/solana-foundations-new-ciso-warns-ai-is-making-crypto-scams-more",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-01T13:00:00.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/tech/2026/07/31/solana-foundation-s-new-ciso-warns-ai-is-making-crypto-scams-more-convincing"
  },
  "original_language": "en",
  "account": "Michael Coates, the chief information security officer at the Solana Foundation, has warned that artificial intelligence is making cryptocurrency scams more convincing. Coates, who previously held the same position at Twitter and led security at Mozilla, emphasized that the next wave of blockchain security concerns will stem from more advanced vulnerabilities like fake identities and AI-generated scams. These types of attacks will be more challenging as AI technology continues to advance, enabling attackers to exploit security practices with better tools. Coates noted that social engineering, such as full spoofed phone calls using realistic voices, is likely to become increasingly common and difficult to prevent. Instead of trying to prevent individuals from falling victim to scams, he suggested that organizations implement multiple layers of security controls to mitigate the impact when users are deceived. Furthermore, Coates addressed the looming threat of quantum computing to the blockchain ecosystem, emphasizing the importance of adopting post-quantum algorithms to prepare for the eventual emergence of quantum computers. Regardless of the source of the security exploits, Coates concluded that the industry's success will depend on building systems that protect users by default, rather than expecting them to become security experts.",
  "summary": "Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}