During Abu Dhabi Finance Week, Phemex teamed up with Cointelegraph to host the 7th edition of LONGITUDE at the Rosewood Hotel. The exclusive gathering — celebrating the exchange's sixth anniversary — brought together Web3 leaders and institutional innovators to tackle the sector's toughest security challenges.
Solana Season and Privacy in Focus
The agenda packed heavy hitters: Anthony Scaramucci (SkyBridge) and Kristin Smith (Solana Policy Institute) dissected market trends in a "Solana SZN" panel, while Eli Ben-Sasson (StarkWare) made the case for privacy in a fireside chat. These sessions set the stage for the night's main event.
From Reactive to Predictive Defense
The centerpiece was the "Crypto's Security Dilemma" panel. Phemex CEO Federico Variola joined Ian Rogers (Ledger) and Dmytro Budorin (Hacken). Federico argued the industry's standard reactive security model is obsolete against modern AI threats. He advocated for a predictive security architecture, revealing that Phemex already uses AI to analyze user behavior patterns and stop threats before they materialize.
A Unified Ecosystem: CEX, DEX, Self-Custodial Wallet
Federico also shared the strategic roadmap, including incubation of a new Account Abstraction wallet designed to bridge Web2 and Web3. "Beyond hardening our infrastructure with predictive AI, we are fundamentally evolving the platform," he said. "We are building a holistic ecosystem — combining a CEX, a DEX, and a self-custodial wallet — where security is the anchor that allows users to move seamlessly between custody models."
Phemex, founded in 2019, now serves over 10 million traders globally, offering spot and derivatives trading, copy trading, and wealth management products.