CryptoMediaClub
Friday, June 20, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

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

06.09.2023
A A
0
123
VIEWS
ShareShare

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 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.

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

Share9Tweet6ShareSharePin2

Related Posts

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain
Blockchain

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain

20.06.2025
0

Skip to content

Read moreDetails
Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

20.06.2025
Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

13.06.2025
Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

12.06.2025
Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

10.06.2025
Load More
Next Post
Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time

Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin Mining Firm Bitfarm Regains Nasdaq Listing Requirements

Bitcoin Mining Firm Bitfarm Regains Nasdaq Listing Requirements

2 years ago
JPMorgan debuts tokenization platform TCN with BlackRock among key clients: Report

JPMorgan debuts tokenization platform TCN with BlackRock among key clients: Report

2 years ago
Evening Standard to Release Ethereum NFT for King Charles’ Coronation by Trevor Jones

Evening Standard to Release Ethereum NFT for King Charles’ Coronation by Trevor Jones

2 years ago
DOGE, MKR, OP and XDC gather strength as Bitcoin price remains range-bound

DOGE, MKR, OP and XDC gather strength as Bitcoin price remains range-bound

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Markets Shaken But This Frog Stays Green as Wall Street Pepe (WEPE) Pumps 84%

Bitcoin Price Prediction: BTC Repeats Covid & Yen Crash Patterns Amid Iran-Israel Conflict – Buy the Dip?

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain

TikTok Denies Allegations of Purchasing Trump’s Official Meme Coin

China Promotes Digital Yuan as International Currency

North Korean Hackers Pose as Coinbase Recruiters to Steal Crypto with ‘PylangGhost’ Trojan

Trending

BOE Governor’s Skepticism Threatens Digital Pound Timeline Amid Global CBDC Race
All news

BOE Governor’s Skepticism Threatens Digital Pound Timeline Amid Global CBDC Race

20.06.2025
0

Key Takeaways: BOE Governor Andrew Bailey said he is not convinced of the need for a retail...

Bitcoin falls to monthly lows triggering $464 million in liquidations amid global market jitters

Bitcoin falls to monthly lows triggering $464 million in liquidations amid global market jitters

20.06.2025
BAYC and Pudgy Penguins Launch on TON, Making it the #1 NFT Blockchain – Is $5 Toncoin Coming?

BAYC and Pudgy Penguins Launch on TON, Making it the #1 NFT Blockchain – Is $5 Toncoin Coming?

20.06.2025
Markets Shaken But This Frog Stays Green as Wall Street Pepe (WEPE) Pumps 84%

Markets Shaken But This Frog Stays Green as Wall Street Pepe (WEPE) Pumps 84%

20.06.2025
Bitcoin Price Prediction: BTC Repeats Covid & Yen Crash Patterns Amid Iran-Israel Conflict – Buy the Dip?

Bitcoin Price Prediction: BTC Repeats Covid & Yen Crash Patterns Amid Iran-Israel Conflict – Buy the Dip?

20.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz