Having AI technology interfere with cryptocurrencies brings the next benefits: Additional security. AI algorithms can conduct smart contract audits to identify potential threats and anomalies. What’s more, they offer suggestions and recommendations on how to secure a code to prevent it from being hacked. Improved efficiency. AI technology has a potential to streamline certain blockchain operations including completing user verification, handling complex sequences of financial transactions, optimizing transaction validation etc. Data collection and analysis. AI algorithms make it possible for companies to analyze vast amounts of data and conduct in-depth analysis of users behavior as well as how people feel about certain events in the cryptocurrency world.   The implementation of AI technology into the cryptocurrency space creates new challenges: Bias. Some information, like biases, is built inside the algorithms and is developed more as the system is essentially learning from the past and then modifying when new information enters. This kind of data is hard to extract from AI algorithms, which can lead to biased transactions and user verifications in the future.  Security risks. Since AI technologies are relatively new, their security themselves is quite unknown. Ai algorithms can be targeted by some parties that want to exploit their weaknesses and impact the output of the system, which can negatively impact the security of cryptocurrency projects utilizing AI technology.