Opinion by: Ken Miyachi, founder of BitMind

Centralized deepfake detectors are structurally misaligned, brittle and falling behind. The crypto industry needs a crypto-native defense — decentralized detection networks that reward many independent model providers for catching real-world fakes and record those judgments onchain. 

The result: Transparency and composable use across exchanges, wallets and decentralized finance (DeFi).

Q1 alone saw $200 million stolen through deepfake scams, with over 40% of high-value crypto fraud now attributed to AI-generated impersonations. 

As criminals use deepfakes to bypass KYC processes and impersonate executives in fraudulent transfers, the crypto industry faces an existential threat that centralized…