AI Technology an Opportunity for Crypto Industry to Strengthen Security Systems, Says Practitioner
Jakarta (ANTARA) - Crypto asset practitioners have stated that the development of Artificial Intelligence (AI) technology opens opportunities for the crypto and blockchain industries to strengthen security systems more proactively.
Speaking in Jakarta on Thursday, Indodax CEO William Sutanto noted that attack patterns within the blockchain ecosystem are becoming increasingly complex, necessitating innovation in security systems to face evolving threats.
The complexity of these threats was reflected in two hacking incidents in April 2026 involving Drift Protocol and KelpDAO, which resulted in total losses of approximately US$577 million. A report from TRM Labs noted that these two incidents accounted for about 76 per cent of the total value of crypto assets stolen up to April 2026.
William stated that what is changing is not just the number of attacks occurring, but also their level of complexity; cybercriminals are becoming more organised and are utilising various methods that are difficult to detect using conventional approaches.
“Therefore, security systems must also be able to adapt more quickly, and AI is one of the technologies that holds great potential to support such efforts,” he said in a statement.
Amidst these increasing threats, he continued, AI technology is beginning to be utilised as a potential new solution for blockchain security.
Unlike traditional audit processes that are conducted periodically, AI enables the analysis of smart contracts alongside continuous risk monitoring more rapidly, allowing various potential vulnerabilities to be identified before they develop into larger incidents.
The use of AI, he added, is already being implemented by several technology companies, such as Coinbase’s developed Frosty and Anthropic’s Mythos.
According to him, in addition to accelerating internal audits and smart contract analysis, this technology is also capable of performing on-chain analysis, monitoring changes in protocol behaviour, and identifying unusual transaction activities in real-time, allowing potential threats to be detected earlier.
Nevertheless, William emphasised that AI is not a single solution to all security threats in the digital and crypto asset industry.
“AI acts as a resource multiplier that accelerates technical detection. However, blockchain security remains an ecosystem with multi-layered protection,” he said.
He stated that the foundation lies in regulated governance, independent audits, strict access management, increased user-level awareness—including KYC and security hygiene—as well as competent human resources capable of making the right decisions.
According to William, the added value of AI today lies not only in its ability to accelerate the analysis process but also in its capacity for continuous risk monitoring.
This approach, he continued, allows industry players to detect potential threats earlier while accelerating the mitigation process before they escalate into larger incidents.
Moving forward, the measure of blockchain security will no longer be determined solely by how frequently a system is audited, but also by how quickly the system can detect, analyse, and respond to evolving threats.
“This is where AI is beginning to play an increasingly important role as a supporter of more adaptive security systems,” he said.
In relation to this, William stated that his company is committed to continuously strengthening security standards through the implementation of technology, governance, and security education for the public.