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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 Cryptox at Korean Blockchain Week on Sept. 5 that ChatGPT

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We need to fundamentally change how smart contracts operate

Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The

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Experiments show AI could help to audit smart contracts, but not yet

While artificial intelligence (AI) has already transformed a myriad of industries, from healthcare and automotive to marketing and finance, its potential is now being put to the test in one of the blockchain industry’s most crucial areas — smart contract security.Numerous tests have shown great potential for AI-based blockchain audits,

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Demand for bitcoin options contracts surges as investors seek risk-defined exposure: Glassnode

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts, with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode,

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CFTC scrutinizing Kalshi congressional control contracts to ensure fairness and compliance

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Commodity Futures Trading Commission (CFTC) has announced its review of contracts offered by KalshiEX, a prediction market provider that also supports crypto bets. The regulator says the move aims to ensure the contracts’ fairness and

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CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts

"The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress provided: Undertake a public rulemaking process to establish a legal framework for exercising its discretion to determine whether event contracts, including those relating to political control, may

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