An important development has come to the fore for SingularityNET (AGIX), one of the popular artificial intelligence coin projects. The AGIX token surged after the announcements for the latest version of ChatGPT. As you know, the popularity of OpenAI’s text-based artificial intelligence (AI) platform, ChatGPT, has rekindled people’s interest in the underlying technology due to its multiple uses. Here are the details…
Artificial intelligence coin rises with ChatGPT announcement
The AGIX token, an AI-focused cryptocurrency project, has surged almost 50 percent in the past 24 hours after GPT-4, the latest version of the AI chatbot ChatGPT, was launched on March 14. It is still unclear whether the price increase is directly related to the update or just a coincidence. However cryptocoin.comAs we have also reported, it is clear that the crypto money market continues to grow, as Bitcoin has also recorded a significant growth in the days.
GPT-4 is an upgrade from the previous version, GPT-3.5, and has a host of new processing features, including the ability to convert audio, video and video inputs to text. GPT-4 is also capable of handling more elaborate instructions. SingularityNET, one of the prominent coins in the field of artificial intelligence, also experienced a rise after this development. The value of AGIX is currently at $0.53, up 38 percent. You can see the rise in coin via the daily chart below:
ChatGPT found vulnerability in Ethereum network
On the other hand, ChatGPT experiments continue. Coinbase director Conor Grogan shared his experience with GPT-4 that he added a live Ethereum smart contract to the chatbot, pointing to several vulnerabilities that could be exploited. The contract was eventually hacked in 2018 through the vulnerabilities pointed out by GPT-4.
In addition, Grogan published screenshots of AI bot analysis showing that ChatGPT was able to accurately identify critical issues and vulnerabilities, as it concluded that the analyzed smart contract “contains critical vulnerabilities and should not be used because it is based on.” However, whether the new version of the AI tool discovered these vulnerabilities on its own has been a matter of debate. Some disagreement has arisen as to whether artificial intelligence is simply highlighting outdated information available online.
https://twitter.com/jconorgrogan/status/1635695064692273611
The cryptocurrency market continues to evolve as more investors seek alternatives to traditional financial systems. As the world becomes more and more digital, cryptocurrencies and Blockchain technology are likely to play an ever more important role in the global economy.
