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AI-powered project steals $1M from consumers.

March 21, 2023
in Blockchain
Reading Time: 2 mins read
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A challenge that’s claiming to be a “AI-based” decentralized software has taken nearly a million {dollars} from its customers in what’s suspected to be a rip-off. This comes on the similar time that synthetic intelligence (AI) has not too long ago grow to be a subject of curiosity because of the capabilities displayed by ChatGPT v4.

On the time of this writing, the blockchain safety platform CertiK has simply revealed that Harvest Keeper has been liable for the theft of about $933,000 value of consumers’ cash. In accordance with CertiK’s findings, customers on the Ethereum, BNB Chain, and Polygon networks have collectively suffered losses of round 219 thousand {dollars} on account of ice phishing transactions. The cybersecurity firm pleaded with prospects to take again no matter rights they’d granted to the initiative and cautioned customers to keep away from partaking with the group’s web site.

The Synthetic Intelligence (AI) initiative generally known as Harvest Keeper claims that it “optimizes the buying and selling course of for optimum payout” and ensures a return of 4.81% on buyer deposits. The platform advertises on its web site that it could present a return on funding of 101% inside 21 days and an 8% incentive for referrals. The initiative has greater than 32,000 individuals following it on its Telegram channel and roughly 30,000 individuals following it on Twitter.

However, within the midst of the renewed curiosity in ChatGPT on Twitter, a whole lot of profiles on the social platform have arisen with the declare that they’re related to “CryptoGPT.” On March 10, a hashtag dubbed “CryptoGPT” that was associated with an ongoing token challenge was trending on Twitter. On account of it, numerous accounts which might be fairly much like it have appeared, a few of which promote phony freebies. On high of that, dozens of Twitter accounts with the identical title have been plaguing the social platform, and a few of these accounts have been promoting freebies and airdrops which will or might not be actual.

As soon as the newest model of ChatGPT proven that it was able to auditing good contracts on Ethereum, many individuals started to wonder if or not it could sooner or later exchange coders. But, when requested about this subject at the newest ETHDubai occasion, blockchain engineers voiced their confidence that the most recent model of the extensively used AI instrument wouldn’t exchange builders however relatively help them.

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