November 23, 2024

Rise To Thrive

Investing guide, latest news & videos!

AI-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK

1 min read
AI-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK

Artificial 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

“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.

Magazine: AI Eye: Apple developing pocket AI, deep fake music deal, hypnotizing GPT-4