Elliptic, a firm specializing in risk management for cryptocurrencies, has integrated ChatGPT into its intelligence and research operations to enhance its capability of detecting cryptocurrency threats. The addition of ChatGPT aims to improve the efficiency and accuracy of Elliptic’s researchers and investigators in identifying new risk factors. Jackson Hull, the Chief Technology Officer of Elliptic, states that integrating ChatGPT can identify risks that may have gone unnoticed by human researchers.
However, various cryptocurrency firms have reported mixed outcomes after integrating ChatGPT into their operations. Crypto.com introduced an AI user assistant named Amy on May 3rd, which assists users by providing real-time information on token prices, industry projects, and historical events. Though a spokesperson from Crypto.com acknowledged the potential impact of AI on the crypto industry, they also anticipated receiving extensive feedback during the initial stages.
On the other hand, Bitget, a cryptocurrency derivatives exchange, experienced accuracy issues with ChatGPT’s responses. Despite being trained on a vast amount of data, Chen emphasized that ChatGPT provided misleading, biased, or incomplete information, as evidenced by an internal test conducted recently.
Meanwhile, Solana Labs has announced that users of Solana will soon have the capability to interact with the Solana network directly through ChatGPT. An open-source plugin will enable users to check wallet balances, transfer tokens, and purchase NFTs.
