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Elliptic integrates ChatGPT to bolster crypto risk detection

Crypto risk management firm Elliptic has integrated artificial intelligence chatbot, ChatGPT, to ramp up its accuracy and speed in detecting crypto threats – a move which comes amid other crypto firms reporting mixed results in its implementation.Elliptic provides blockchain analytics for crypto asset compliance and assesses risks associated with crypto

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Crypto scammers are using black market identities to avoid detection: CertiK

Crypto scammers have been accessing a “cheap and easy” black market of individuals willing to put their name and face on fraudulent projects — all for the low price of $8, blockchain security firm CertiK has uncovered. These individuals, described by CertiK as “Professional KYC actors” would, in some cases, voluntarily

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Crypto ‘Sextortionists’ Turn to Litecoin to Avoid Detection: Report

Litecoin (LTC) and other alts are becoming increasingly prevalent among crypto “sextortionists” since they allow to avoid detection more easily, a new research says.According to cybersecurity firm Cofense’s new report published on Oct. 8, malicious actors are gradually starting to shift their focus from Bitcoin (BTC) to specifically avoid

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