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The popularity of OpenAIs text-based artificial intelligence (AI) platform ChatGPT has reinvigorated the publics interest in the underlying technology due to its utility in multiple areas, and one cryptocurrency exchange executive has decided to test its abilities in finding flaws in Ethereum (ETH) smart contract.

Specifically, Conor Grogan, director of crypto trading platform Coinbase, has dumped a live Ethereum contract into the newest version of the popular chatbot, GPT-4, and it highlighted multiple security vulnerabilities and surface areas where the smart contract could be exploited, as he said in a Twitter post on March 14.

Additionally, Grogan posted screenshots of the AI bots analysis, which indeed seem to show that ChatGPT is capable of correctly identifying critical issues and vulnerabilities, as it concluded that the analyzed smart contract should not be used, as it contains critical vulnerabilities and is based on an illegal scheme.

That being said, some disagreement arose in the comments regarding whether the new version of the AI tool was able to discover these smart contract vulnerabilities on its own or was just highlighting old information about it already available online.

Indeed, Grogan did specify that the contract in question was hacked in 2018 using the flaws that the AI tool was pointing out, which led several commenters to state it was simply listing the issues that had already been made public before its training data cutoff in September 2021, and that it might not be as accurate with an unseen smart contract that was never exploited before.

Regardless of whether ChatGPT was able to dig out the vulnerabilities in the smart contract on its own or was just regurgitating the information already available online, its capabilities are still significant and potentially useful in auditing smart contracts, as well as in other areas in the cryptocurrency sector, such as in making educated guesses about the future price of cryptocurrencies like Polygon (MATIC).

That said, some critics, including Tesla (NASDAQ: TSLA) CEO Elon Musk, have expressed their views that ChatGPT may be biased in discussing certain topics that are considered controversial, which has allegedly led Musk to start contemplating the possibility of creating a ChatGPT alternative as he joked about the need for TruthGPT.

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Test: New ChatGPT-4 instantly identified Ethereum smart contract ... - Finbold - Finance in Bold

Valletta, Malta - (NewMediaWire) - March 15, 2023 - Ethereum Mixer (ETH Mixer) has emerged as an Ether Tumbler that helps to enhance the privacy and anonymity of Ethereum users by allowing them to mix their digital assets with other users.

In the latest development in the crypto world, Ethereum mixer experts to protect anonymity & making transactions untraceable in 2023. The tool helps to enhance the privacy and anonymity of Ethereum users and allows them to mix their digital assets with other users. The user's Ethereum can take it and mix it with other users' Ethereum and then send the mixed Ethereum back to the original user. This process becomes difficult for anyone to trace the original source of Ethereum, enhancing the user's privacy and anonymity.

Ether Mixer works by mixing Ethereum coins with those of other users. With the use of ETH Mixer, users are allowed to visit the ETH Mixer website and follow the instructions provided. After that, the users are prompted to enter the Ethereum address to which they want the mixed coins sent. The tool enables the users asked to provide a destination address, which is the address to which they want the mixed Ether coins to be sent. This address can be any Ethereum address, including the user's address.

Ethereum Mixer also takes the Ether coins and mixes them with Ether coins from other users. The process sends the crypto coins through multiple wallets before sending them to the destination address. In that way, the original coins are broken up into a lot of smaller transactions, making it difficult to trace the original source of Ethereum.

ETH Mixer provides their users with maximum privacy. By using the Ethereum Mixer, users can enhance their privacy and anonymity, as it becomes more difficult to trace the original source of the coins.

In addition, Ether Mixer provides security services as well. By utilizing the Ethereum Mixer services, the user's Ethereum coins are mixed with those of other users, making it difficult to identify the original source of the coins. This can help to protect users from theft and fraud, as it becomes more difficult for attackers to target specific wallets.

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Ethereum Mixer takes security very seriously and employs a number of measures to protect users' Ethereum coins. The main security measure used by Ethereum Mixers is encryption. All transactions on Ether Mixers are encrypted, which helps to protect users' privacy and prevent attackers from accessing their coins.

Ethereum Mixer also uses a secure SSL connection to protect users' data. All data sent between the user's browser and the Ethereum Mixing website is encrypted and cannot be intercepted by attackers.

Including more, Ethereum Mixer uses a secure server infrastructure to protect users' coins. The Ether Mixer servers are located in a secure data center in an unknown place, protected by physical and electronic security measures. This helps to ensure that users' coins are safe and secure at all times.

About Ethereum Mixer:

Ethereum Mixer is an essential tool used to enhance the privacy of Ethereum transactions. By breaking down transactions into smaller amounts and mixing them with other transactions, Ethereum mixing makes it almost impossible for anyone to trace a transaction back to its original sender. By using an Ethereum Mixer, users can increase the privacy and security of their cryptocurrency.

More details about Ethereum Mixing and the Ether Mixer platform can be gathered through the official website Ethereum-Mixer-ETHMixer.com.

Contact name: Jane Doe

Company name: Ethereum Mixer (ETH Mixer)

Email: ethereum@mixer.com

Website: http://www.ethereum-mixer-ethmixer.com

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Ethereum Mixer Offer to Protect Anonymity & Making Transactions Untraceable in 2023 - Yahoo Finance

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The discussions on the importance of blockchain technology are gaining momentum and two of the most versatile Layer-1 protocols, Ethereum (ETH) and VeChain are gaining momentum in related conversations globally.

According to a research paper published by the Multidisciplinary Digital Publishing Institute (MDPI), Greek researchers led by Evripidis K. Kechagias, the ways in which Ethereum can be used to advance traceability in the Food supply chain ecosystem were highlighted.

According to the researchers, there are a number of complicated processes involved in the supply chain ecosystem that is often overwhelming and cause a lag. One of the major challenges is the issue of traceability which can cause a lot of regulatory problems for producers and distributors.

While the issue of traceability is an ancient one, blockchain technology appears to be a viable solution that can change things around. The research paper thus presents a framework that showcases how Greek Olives producers can utilize the Ethereum protocol to optimize their current approach to Traceability in their supply chain practices.

The paper also presents a methodological framework, which can help anyone aiming to implement an Ethereum decentralized application and demonstrates the practical use of the developed application by a Greek table olives producer. The application significantly improved the producers product traceability by providing a secure, transparent, and efficient solution for tracking and tracing the products in the supply chain, an excerpt from the papers Abstract reads.

Ethereum is considered one of the most robust smart contract protocols and arguably the largest in terms of its Total Value Locked (TVL) which is now pegged at $27.9 billion according to data from DeFiLlama. With its growing relevance, Ethereum is now considered a flexible fit by the Greek scientist for their Traceability in Supply Chain innovation.

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While the role of Ethereum as the biggest smart contract protocol in the crypto ecosystem is acknowledged, the role of other Layer-1 protocols like VeChain in key technological innovations cannot also be shoved aside.

In recognizing the role of VeChain in the supply chain world, the Greek researchers also mentioned VeChain with regard to its usage by the China Animal Health and Food Safety Alliance (CAFA). The research team highlighted the role of VeChain to improve food safety and quality control while providing transparent information to consumers by providing a food traceability certification system for CAFA members, enabling them to track the entire life cycle of food products, from production to distribution and sale.

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Since its inception, VeChain has played a very definitive role in innovations that are best suited for enterprise adoption. Build as a very scalable, fast, and flexible protocol, VeChain has joined the fight against Climate Change and sustainability management, a role that has earned it wide acclaim even among its crypto peers.

In all, it has been proven that blockchain protocols can help rebrand the multi-billion dollar supply chain industry.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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Ethereum & Vechain showcase how blockchain technology ... - Crypto News Flash

March 16, 2023 11:00 AM | 1 min read

Over the past 24 hours, Ethereum Classic's (CRYPTO: ETC) price has fallen 3.95% to $18.79. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $18.51 to its current price.

The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has climbed 120.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 1.29%. This brings the circulating supply to 139.95 million, which makes up an estimated 66.42% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #27 at $2.63 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Ethereum Classic Decreases More Than 3% Within 24 hours - Benzinga

Binance, the worlds largest crypto exchange by trading volume, responded to the latest drama around the USDC stablecoin by converting the remainder of its $1 billion Industry Recovery Initiative funds into Bitcoin (BTC), Ethereum (ETH), and other digital currencies.

Given the changes in stablecoins and banks, Binance will convert the remaining of the 1 billion Industry Recovery Initiative funds from BUSD to native crypto, including BTC, BNB, and ETH, Binance CEO Chanpeng Zhao wrote in a tweet early Monday.

Binance launched its crypto industry Recovery Fund in November 2022 following the collapse of the FTX exchange. The initiative was aimed to help projects who are otherwise strong but in a liquidity crisis.

The move also comes in the wake of Paxos, BUSD's owner and issuer, being hit by a lawsuit from the United States Securities and Exchange Commission (SEC), with the agency claiming last month that the firm violated investor protection laws. Paxos announced it would halt BUSD minting and "end its relationship with Binance," for the stablecoin.

It is not immediately clear how much money from Binance's fund has been converted or is earmarked to be converted into the mentioned coins.

The ETH address shared by CZ shows some substantial transfers over the past few hours, with the original wallet almost emptied at the time of this writing. Transactions are continuing to be executed at the time of writing.

It's worth noting that last September Binance began auto-converting USDC deposits into its native BUSDeffectively delisting the rival stablecoin.

Decrypt reached out to Binance for additional comments but was yet to hear back by press time.

Furthermore, Binance's decision comes hot on the heels of the USDC stablecoin depegging from its intended $1 price.

The depegging event was triggered by the ongoing crisis surrounding the collapse of the Silicon Valley Bank (SBV), where the firm holds about $3.3 billion.

Silicon Valley Bank was among the 20 largest banks in the U.S. when it failed Friday after a bank run by customers. California state regulators placed the bank under the control of the FDIC, which in turn created a new entitythe Deposit Insurance National Bank of Santa Clarathrough which the remaining assets will be managed.

USDC plummeted to an all-time low of $0.87 on Friday night.

The collapse of SBV, preceded by the meltdown of the Silvergate Bank, also sent shockwaves through the stock market, while the crypto industry saw a depressing drop as well, with Bitcoin crashing below $20,000 for the first time since mid-January.

In a separate move, the Federal Reserve moved to shut down the Signature Bank on Monday morning, another crypto-friendly bank with total assets of around $117 billion as of the end of last year.

The scare, at least for now, appears to be short-lived though: according to a joint statement from the Fed, U.S. Treasury, and FDIC on Sunday, all depositors of now-shuttered Silicon Valley Bank and Signature Bank will be able to get their funds out on Monday.

"Circle is now out of the woods, which is a huge positive for the crypto world, Bradley Duke, co-CEO at ETC Group, said in a statement shared with Decrypt.

Circle has meanwhile stated that it will cover any shortfall caused as a result of the $3.3 billion in its funds held by the collapsed SBV.

The Boston-based company also reiterated that USDC is 100% collateralized with cash and U.S. Treasuries.

According to the firm, USDC is currently collateralized 77% ($32.4B) with U.S. Treasury Bills (with a three month or less maturation period), and 23% ($9.7B) with cash held at a variety of institutions, of which SVB is only one.

The latest news helped the broader crypto market flip green again, with Bitcoin trading around $22,280 by press time, up 9.1% over the day.

USDC is changing hands at $0.989, according to CoinGecko.

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Binance Swaps BUSD Stablecoin From 'Recovery Fund' to Bitcoin ... - Decrypt