Changpeng "CZ" Zhao, the founder and former chief executive of Binance, has called for a crypto security alliance as AI-driven cyberattacks accelerate in the wake of a Binance hacking incident. Zhao warned that the number of attacks increasingly fuelled by artificial intelligence is growing, according to Crypto News Australia.

The proposed crypto security alliance would let firms exchange security experience, run cross-audits of participating organizations and coordinate faster freezes of stolen funds, TOKENPOST reported. The push comes as Zhao seeks U.S. help against North Korean hacking activity that he says threatens both crypto platforms and traditional finance.

Why a crypto security alliance now

Zhao framed the effort as a response to an imbalance between attack and defence. In an interview with Yahoo Finance, he said there is always a possibility of a hack and that there is no 100% security, according to Crypto News Australia.

He argued that AI has tilted the field toward attackers, saying it has made hacking far easier while doing little so far to make defence easier, Crypto News Australia reported. He said the industry and the wider global financial system now need to catch up on AI defence, and urged companies to use AI themselves to strengthen protection against future attacks.

Speaking separately on the Talking Tokens podcast, Zhao went further and called for tighter collaboration across the sector, according to Crypto News Australia. He said the industry should be "forming some kind of industry alliance on security", which would let firms learn from mistakes and "share the best practices, cross audits, help each other freeze funds very quickly, etc."

What the alliance would do

Plans under discussion include exchanging security experience, reviewing participating organizations through cross-audits and coordinating faster freezes of stolen funds, TOKENPOST reported. Crypto firms are already talking about such a structure as Zhao seeks U.S. assistance against North Korean hacking activity.

Zhao is not the first exchange founder to raise the idea. Gate founder and CEO Dr. Han previously called for a shared security alliance after a Binance security incident, according to TOKENPOST.

North Korea risk and links to traditional finance

Zhao said North Korean hacking activity poses a risk to crypto platforms and to traditional finance, TOKENPOST reported. He described large-scale hacks as a concern for both corporate security and national security.

He tied the concern to the growing use of tokenized stocks, real-world assets and stablecoins, which he said connect crypto more closely with the global financial system, according to TOKENPOST. Zhao also pointed to the interconnection of the finance industry, stressing that what happens in crypto is not happening in isolation and that what is bad for crypto on this scale has real economic impact elsewhere, Crypto News Australia reported.

Appeal for U.S. government help

Zhao said he hopes the U.S. government will help, and said he believes the United States and China may be among the few countries able to communicate with North Korea, according to TOKENPOST. He welcomed government assistance while saying he had not talked to Trump or any other U.S. official, Crypto News Australia reported.

He also said he has not discussed a roughly $6.3 billion Binance hacking incident with President Trump or Washington officials, TOKENPOST reported.

Conclusion

Zhao has put a concrete proposal on the table: a crypto security alliance built on shared experience, cross-audits and coordinated freezes of stolen funds, driven by his warning that AI has made hacking easier while defence lags behind. The idea has precedent, with Gate founder Dr. Han having called for a similar structure after a Binance security incident. The next step Zhao has identified is government involvement: he says he hopes the U.S. government will help against North Korean hacking activity, while confirming he has not spoken with President Trump or Washington officials about the roughly $6.3 billion Binance incident.

Frequently Asked Questions

What is the crypto security alliance CZ is proposing?

Changpeng Zhao has called for an industry alliance on security in which crypto firms share best practices, conduct cross-audits and help each other freeze stolen funds quickly. TOKENPOST reported that plans under discussion include exchanging security experience, reviewing participating organizations through cross-audits and coordinating faster freezes of stolen funds.

Why does CZ say AI is making crypto hacks worse?

Zhao warned of a growing number of cyberattacks increasingly fuelled by AI, according to Crypto News Australia. He said AI has made hacking much easier while doing little so far to make defence easier, and argued the industry and the global financial system need to catch up on AI defence.

What did CZ say about the $6.3 billion Binance hack and President Trump?

Zhao said he has not discussed a roughly $6.3 billion Binance hacking incident with President Trump or Washington officials, TOKENPOST reported. He separately said he had not talked to Trump or any other U.S. official, though he welcomed government assistance.

How does North Korean hacking factor into CZ's security alliance push?

Zhao is seeking U.S. help against North Korean hacking activity, which he said poses a risk to both crypto platforms and traditional finance, TOKENPOST reported. He described large-scale hacks as a corporate and national security concern, and said he believes the United States and China may be among the few countries able to communicate with North Korea.

Has anyone else called for a shared crypto security alliance?

Yes. Gate founder and CEO Dr. Han previously called for a shared security alliance after a Binance security incident, according to TOKENPOST. Zhao's proposal echoes that idea, adding cross-audits and coordinated fund freezes as specific mechanisms.