Improving Detection of Crypto-Threats with ChatGPT’s Elliptic Integration

Elliptic, the London-based crypto security firm, has integrated ChatGPT into its system to improve efficiency in detecting crypto threats. Elliptic was founded in 2013 as a cold Bitcoin private key storage platform and has since expanded services to detect suspicious crypto transactions. ChatGPT is an AI tool that can identify and detect minor and critical risks that humans may miss, allowing Elliptic to scale its crypto intelligence business. With ChatGPT, Elliptic aims to tackle new risk factors in higher volumes and at a quicker speed than ever before. The integration of AI into crypto projects is becoming increasingly popular and in-demand. Earlier this year, Crypto.com launched a ChatGPT-based customer support agent, and Solana Labs announced plans for ChatGPT integration with the Solana network, enabling users to handle their crypto transactions and tracking features directly with the AI tool. Despite the challenging macroeconomic environment, the majority of AI-linked firms’ stock assets are surging, and the trend is expected to continue.