Bitget Wallet said Wednesday it is expanding AI-assisted threat detection after the weekly average of signing requests it flagged for potential phishing rose 7.4-fold in the third quarter of 2026.
The wallet flagged about 37,000 such requests per week in Q3, up from 5,000 in Q2, according to Bitget Wallet chief operating officer Alvin Kan.
Detection and threat activity
Kan told Cointelegraph that the increase likely reflects both greater threat activity and improved detection capabilities, though the data does not allow the company to quantify each factor’s contribution. Bitget Wallet introduced AI-assisted risk detection in Q2, he added.
Kan said the tally counted flagged signing interactions, not unique attacks or confirmed financial losses.
How the checks work
Bitget Wallet said its expanded AI checks examine website code and domain registration details for signs of fraud. The wallet also simulates transactions to spot hidden permissions before users sign.
The company said AI helped identify 90% of newly blocked risky domains in October, compared with 36% in Q2. Nearly 70% of domains its AI flagged that month had no matching alerts in the external threat feeds it checked.
Phishing remains a threat
The findings come amid continued phishing threats targeting crypto users. In July, a trader lost nearly $1 million after signing a malicious Ethereum token approval.
An August investigation by Rapid7 uncovered a phishing campaign that targeted 885,000 phone numbers and directed recipients to websites impersonating crypto wallet providers.
