Fun

News Feed - 2023-09-06 11:09:24

Brayden Lindrea6 hours agoChatGPT-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiKCertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster.621 Total views29 Total sharesListen to article 0:00InterviewJoin us on social networksArtificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive from blockchain security firm CertiK.


Kang Li, CertiK’s chief security officer, explained to Cointelegraph at Korean Blockchain Week on Sept. 5 that ChatGPT cannot pick up logical code bugs the same way that experienced developers can.


Li suggested ChatGPT may create more bugs than identify them, which could be catastrophic for first-time or amateur coders looking to build their own projects.“ChatGPT will enable a bunch of people that have never had all this training to jump in, they can start right now and I start to worry about morphological design problems buried in there.”


“You write something and ChatGPT helps you build it but because of all these design flaws it may fail miserably when attackers start coming,” he added.


Instead, Li believes ChatGPT should be used as an engineer’s assistant because it’s better at explaining what a line of code actually means.“I think ChatGPT is a great helpful tool for people doing code analysis and reverse engineering. It’s definitely a good assistant and it’ll improve our efficiency tremendously.”The Korean Blockchain Week crowd gathering for a keynote. Source: Andrew Fenton/Cointelegraph


He stressed that it shouldn’t be relied on for writing code — especially by inexperienced programmers looking to build something monetizable.


Li said he will back his assertions for at least the next two to three years as he acknowledged the rapid developments in AI may vastly improve ChatGPT’s capabilities.AI tech getting better at social engineering exploits


Meanwhile, Richard Ma, the co-founder and CEO of Web3 security firm Quantstamp, told Cointelegraph at KBW on Sept. 4 that AI tools are becoming more successful at social engineering attacks — many of which are identical to attempts by humans.


Ma said Quantstamp’s clients are reporting an alarming amount of ever more sophisticated social engineering attempts.“[With] the recent ones, it looks like people have been using machine learning to write emails and messages. It"s a lot more convincing than the social engineering attempts from a couple of years ago.”


While the ordinary internet user has been plagued with AI-generated spam emails for years, Ma believes we’re approaching a point where we won’t know if malicious messages are AI or human-generated.


Related:Twitter Hack: ‘Social Engineering Attack’ on Employee Admin Panels


“It"s gonna get harder to distinguish between humans messaging you [or] pretty convincing AI messaging you and writing a personal message,” he said.


Crypto industry pundits are already being targeted, while others are being impersonated by AI bots. Ma believes it will only get worse.“In crypto, there’s a lot of databases with all the contact information for the key people from each project. So the hackers have access to that [and] they have an AI that can basically try to message people in different ways.”


“It’s pretty hard to train your whole company to not respond to those things,” Ma added.


Ma said better anti-phishing software is coming to market that can help companies mitigate against potential attacks.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:AI Eye: Apple developing pocket AI, deep fake music deal, hypnotizing GPT-4# Blockchain# Business# Software# South Korea# AI# Developers# ChatGPT# OpenAIAdd reactionAdd reactionRead moreHow to track and report crypto transactions for tax purposesIf Worldcoin can improve the world, why not give it a chance?AI could revolutionize human resources, but there are risks

News Feed

Coinbase recovers after system-wide outage, but user withdrawals remain offline
Zoltan Vardai2 minutes agoCoinbase recovers after system-wide outage, but user withdrawals remain offlineWhile the reason behind the three hour, system-wide outage remains unknown, some users are still unable to transfer
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks Bitcoin’s hashrate has slowly crept back up between 85 exahash per second
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% Discount
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% DiscountThe Barter Smartplaceblockchain ecosystem team belie
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300 Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week hig
Bitcoin Sharp Rebound Above $95K: Stop Hunting or Trend Reversal?
Este artículo también está disponible en español. Bitcoin (BTC) witnessed a sharp decline below $90,000 yesterday, sparking concerns about its near-term stability. Howeve
Biggest Movers: XRP, ADA Rebound From 2-Month Low on Saturday
Biggest Movers: XRP, ADA Rebound From 2-Month Low on Saturday Xrp rebounded from a two-month low to start the weekend, as prices moved back above a key support point. The token, wh
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout "Too Big to Fail"The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number
Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For “Blast Off”
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto4Winners Looks to Offer a Unique Trading Platform With a Wide Range of Useful Features
Crypto4Winners Looks to Offer a Unique Trading Platform With a Wide Range of Useful Features press release PRESS RELEASE. Crypto4Winners(C4W) strives to actively manage customers&#x
The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse ‘Mega City’
The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse "Mega City" The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has
UAE central bank introduces wholesale, retail digital dirham strategy
Derek Andersen7 hours agoUAE central bank introduces wholesale, retail digital dirham strategyThe CBUAE has been active in CBDC research as a member of Project mBridge and has placed CBDC in its overarching fintech trans