OpenAI’s latest version of Chat GPT-4 is taking the crypto world by storm

Former Coinbase CEO Conor Grogan reported that GPT-4 was able to identify several “security vulnerabilities” and explain how to exploit them when he inserted a live Ethereum smart contract into the AI ​​tool.

Previous audits of smart contracts on ChatGPT’s previous version also showed that it could detect code errors to some extent.

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I dumped a live Ethereum contract into GPT-4.

In an instant, it highlighted a number of security vulnerabilities and pinpointed surface areas where the contract could be exploited. It then confirmed a specific way I could take advantage of the contract pic.twitter.com/its5puakUW

— Conor (@jconorrogan) March 14, 2023

Founder of The Rundown, Rowan Cheung, also shared a video of GPT-4 transcribing a hand-drawn website into code.

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I just watched GPT-4 turn a hand-drawn sketch into a functional website.

This is madness. pic.twitter.com/P5nSjrk7Wn

— Rowan Cheung (@rowancheung) March 14, 2023

ChatGPT can be used for cryptocurrency trading, using real-time market and price data to make decisions. The platform enables investors and traders to take advantage of the fluctuations of various cryptocurrencies, with the ability to interact with GPT-3’s AI through a chat interface – making it possible to receive immediate answers to questions or provide relevant information.

ChatGPT and cryptocurrency trading

On Twitter, a user demonstrated how they used Pine Script, a programming language for TradingView financial software, to develop a basic trading bot with help from ChatGPT.

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Should I try running this chatGPT generated crypto trading algorithm? pic.twitter.com/0xlFoTNYdL

— guy 🦇🔊 (@wholisticguy) 5 December 2022

Another Twitter user used ChatGPT script code to instruct the AI ​​to develop a trading terminal that can present current BTC/USDT trading pair orders on Binance, leveraging the exchange’s API.

ChatGPT-4 and smart contract creation

ChatGPT developers envision a future where artificial intelligence (AI) can assist smart contract developers in their work. A potential application is the use of smart contracts and AI to automatically enforce payment terms or release funds upon completion of specific conditions, as mentioned in a chirping by Isaac Py, a developer of ChatGPT.

In test results shared March 14 by Chat GPT’s creator OpenAI, “it passes a simulated bar exam with a score around the top 10% of test takers. By contrast, GPT-3.5’s score was around the bottom 10%.”

According to the data, GPT-4 achieved a score of 163 on the LSAT exam, which places it in the 88th percentile. The LSAT exam is a requirement for admission to law school in the United States.