• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Scams: How AI Enhances Threats on Huione’s Platform

user avatar

by Giorgi Kostiuk

a year ago

In 2024, crypto scams amounting to $9.9 billion were observed, with advanced technologies like AI significantly exacerbating the situation.

AI Boosts Cybercrime

The Huione platform, which offers fraudulent service vendors, received at least $375.9 million in cryptocurrency in 2024. From 2021 to 2024, AI-driven scam revenues increased by 1900%. Generative AI allows the creation of fake identities, bypassing identity verification.

GenAI is amplifying scams, the leading threat to financial institutions, by enabling low-cost, scalable fraud that exploits human vulnerabilities.Elad Fouks

Huione Platform and Its Participants

The Huione platform hosts numerous vendors supplying AI tools for scams. The platform offers 'face-changing services' using AI priced at $200 in cryptocurrency. Payments on the platform indicate purchases of such software.

Interaction and Consequences

Analysis on the Huione platform revealed 2,345 transfers between different scam facilitators and services. Main players include infrastructure providers and social media management services actively exchanging funds and services.

AI development significantly contributes to the proliferation of scams, particularly on platforms like Huione. Measures must be taken to counteract this threat.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Binance Compensates Users After Major Flash Crash

chest

Binance compensates users with over $328 million and establishes a $300 million recovery fund following the October 11, 2025 flash crash.

user avatarKofi Adjeman

Pi Network Community Optimistic About Future Developments

chest

Despite the recent price drop, the Pi Network community is optimistic about the future and potential developments.

user avatarSatoshi Nakamura

Pi Network's Token Hits Another All-Time Low Amid Market Correction

chest

Pi Network's native token has reached a new all-time low following a significant market correction.

user avatarNguyen Van Long

Miroslav Lajk Resigns as Slovakia's National Security Adviser Amid Epstein Revelations

chest

Miroslav Lajk has resigned as Slovakia's National Security Adviser after text exchanges with Jeffrey Epstein were revealed, discussing young women.

user avatarJesper Sørensen

Dropee Introduces Daily Question Feature to Engage Players

chest

Dropee introduces a daily interactive quiz feature on Telegram to engage players.

user avatarRajesh Kumar

Nvidia's CEO Clarifies Investment Plans in OpenAI

chest

Nvidia's CEO Jensen Huang clarifies that the company has not made a firm commitment to invest $100 billion in OpenAI, stating it was merely a potential upper limit for consideration.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.