Crypto Risk Firm Elliptic Integrates ChatGPT for Enhanced Threat Detection

Cryptocurrency risk management firm Elliptic has integrated ChatGPT, an AI language model, to enhance its ability to detect crypto-threats. Elliptic's team of human researchers will use ChatGPT to analyze new risk factors more quickly and efficiently, providing users with insights into their risk exposure. Other crypto firms, including Crypto.com and Bitget, have also implemented ChatGPT but experienced mixed results. While Crypto.com sees potential in the technology, Bitget identified inaccuracies and biases in ChatGPT's responses to complex queries. Additionally, Solana Labs announced plans to allow Solana users to interact with the network using ChatGPT, although the release date is yet to be announced.