Elon Musk warns AI agents could exploit crypto after Binance hack

What happened

Elon Musk has warned that superintelligent AI agents (AI that carries out multi-step tasks rather than answering one question) could eventually exploit cryptocurrency systems to obtain money for themselves, following reports that the Binance hacker used stolen stablecoins (a digital token meant to hold a fixed value, usually one dollar) to borrow millions of dollars in Ethereum. Binance is a cryptocurrency exchange and finance company based in United Arab Emirates, founded in 2017, and its products and services include cryptocurrencies.