Coinbase tests ChatGPT for Smart Contract Risk Assessment
Coinbase recently tested the effectiveness of ChatGPT in evaluating the risk levels of various tokens. To conduct the experiment, Coinbase's employees analyzed 20 smart contracts of different tokens for potential risks and then compared their findings to ChatGPT's results. In 12 of the 20 cases, ...
Bitcoin Rally Stalls as Miners and Exchanges Urge Caution
Bitcoin recently surged to test the $28,000 level once again, marking a nine-month high. Despite the bullish momentum, there are warning signs that suggest caution is needed, as the influx of BTC into exchanges and rising mining costs could impede further price gains. Miners can slow down ...
Harvest Keeper Exit Scam: Developers Flee with Millions of Dollars in User Assets
The decentralized platform, Harvest Keeper, which claimed to use artificial intelligence technology based on ChatGPT to optimize trading and generate profits, has left its users in dismay. The developers behind the project promised an impressive return of 101% in just 21 days, but suddenly disapp ...
BlockSec Prevents $5 Million NFT Theft from ParaSpace’s Lending Protocol
BlockSec security experts successfully thwarted an attempted theft of 2,900 ether worth $5 million from Paraspace's decentralized lending protocol, which allows users to lend and borrow crypto assets on the Ethereum blockchain. The vulnerability in the platform's lending protocol allowed hackers ...
General Bytes Crypto ATM Hack Results in $1.5M in Stolen Assets
General Bytes, a manufacturer of cryptocurrency ATMs, has recently reported a security breach in its cloud platform, resulting in the theft of over $1.5 million worth of users' assets. According to a statement released by the company, the hackers were able to install malware on the devices, allow ...
Bitzlato Presents Instructions for Withdrawing User Funds in Bitcoins
It is important to note that allegations of money laundering against Bitzlato by foreign law enforcement officers have not been proven and the company has denied any wrongdoing. However, the company has provided instructions for users to withdraw their funds. Users of Bitzlato are advised to che ...
DefiLlama team split over native token launch
DefiLlama, a blockchain data analytics platform, has hit a rough patch as its team members have split over disagreements on the launch of its native token. The platform had hinted at a possible token giveaway after hitting a trading volume of $5 billion. However, some employees rejected the plan, ...
Altcoin Market Analysis: Conflux, Stacks, SingularityNET, ImmutableX, and Render Token
Here are the 5 most impressive altcoins that have outshined the entire cryptocurrency market this week BeInCrypto's editorial team has meticulously curated a comprehensive list of altcoins that have witnessed a substantial surge in their value during the week spanning from ...
OKX Cryptocurrency Exchange Experiences Temporary Failure, Assures User Funds are Safe
On March 17th, the OKX cryptocurrency exchange experienced a temporary system failure, which was quickly resolved by the technical team. The platform's security experts explained on Twitter that the issue was caused by intermittent server problems, but they were able to restore the platform's fun ...
San Antonio Couple Arrested for Stealing $250,000 Worth of Crypto Assets
This is a disturbing case of SIM card fraud and theft of cryptocurrency assets by a couple in San Antonio. Andrew Trujillo and Zena Dounson were able to steal at least $250,000 worth of cryptocurrency using a SIM spoofing scheme. They copied SIM card data and forwarded short messages to custom ...