Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS

Crypto Insight Summary: The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bank security concerns may drive short-term crypto volatility but lack direct impact on crypto fundamentals.