AI has been a ‘net negative’ for crypto: Phemex CEO Post author:MiamiCrypto Post published:September 16, 2026 Post category:latest news Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization. You Might Also Like Justin Sun sues World Liberty Financial over token lockup April 22, 2026 Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation August 18, 2026 Paxos’ $3B USDG stablecoin launches on Arbitrum October 6, 2026