Will crypto analytics firm Elliptic Integration of AI to catch hacker will work out perfectly?
Recently hacking has become major threat to the crypto community, and everyday crypto space become risk for investors.
Everyday stealing of assets from investors by unknown people had become major threatening to crypto communities, meanwhile the volatility of crypto market alone worth to consider as risk investment, but the two now make the space be a tough environment. Honestly the rate at which internet thief are intruding the system had made many jump out of crypto trading, I myself think of it several time that what if I put all my savings on crypto assets and I was been hacked.
Oh no! I was not praying for that, but sometimes we has to have those thought, if crypto hackers make crypto not safe for investors there will be few people that will still thinking of consider cryptocurrency as financial security.
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Hacker operate everywhere, breaks users padlock and have access to their hard earning even without the users permission. To be sincere I don't know how they find joy in such act of taken things by force. I never experienced once before I always had about hacking and relating story of hacking but the recent leofinance discord hacked look surprised to me.
I saw the notification of the fake @anomadsoul about the giveaway, the first thing that came to my mind is that, "leofinance never make any private giveaway or initiative that attract prize without publishing it as post". Immediately I check the latest post from #leofinance community leaders maybe I'm missing out but couldn't see anything until I saw a post from @trumpman, I run back to the discord I meet some lion asking how to pay for the gas fee. I was typing to inform the those still replying on the server that it was hacked before anyone fall into pit, as I drop the text I was kicked out immediately. Hahaha 🤣
Honestly it was bad experience but it's a lesson to everyone.
Concerning the issue on how to address hackers, cause if you noticed well, the rate of system penetration is getting higher and higher in the crypto community these days. And due to that, One of crypto analytics firm Elliptic, that base on research for tracking cybercriminals and regulatory compliance related to cryptocurrency, think AI will be good tool for fighting hackers.
Elliptic made an announcement yesterday that the firm is Integrating the use of artificial intelligence to track all the blockchain transaction to handle risk detection. The main function of this is to use OpenAI's ChatGPT.
The company set to use ChatGPT to complement human based data with large language models to organize the data and detect any phishing, but still thinking how AI will work in such area, artificial intelligence is set of algorithms it program by human, so I don't see it as perfect tool to catch hackers.
AI is a machine code by human being, and to be honest it will work base on instructions, although AI might take an impact to detect any phishing but it doesn't guarantee us safe journey from hackers.
We need to be careful and keep our keys safe, and be aware of giveaway that will request for any wallet address. These are the only way to be safe, because I don't believe Elliptic integration of AI to track any hacker will be 100% accurate.
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