Wednesday, April 24, 2024
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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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‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners

Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC).These issues could result in the machines overheating and in some cases, completely breaking down.The firm’s mining operations team warned

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Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor

"Some have joked that a central bank digital currency (CBDC) is 'a solution looking for a problem.' While I may not be an outright fan of CBDCs, I think the detractors unfairly downplay the potential merits," Olli Rehn, governor of the Bank of Finland said during a panel at the

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How Bitmedia, an Ad Agency, Is Changing Crypto’s Flawed Advertising System

Although cryptocurrencies and blockchain technology have been gaining increasing popularity in 2020, there are still many restrictions when it comes to being discovered as a cryptocurrency business. Outreach is always complicated in nascent industries and even more so in crypto where traditional ad networks and other tools have banned the

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Tether Calls Explosive Research about Bitcoin Manipulation “Flawed Paper”

The stablecoin Tether (USDT) has been in the news pretty much since Bitcoin(BTC)trade skyrocketed to its all-time high of $20K at the end of 2017. Several controversies and lawsuits have been hovering around Tether, alleging it manipulatively pushed the Bitcoin’s price to astronomical heights.Several researchers have even published a thorough

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