Elliptic integrates ChatGPT to bolster crypto risk detection

Crypto risk management firm Elliptic is integrating artificial intelligence chatbot, ChatGPT, to ramp up accuracy and scalability in detecting crypto threats, amid other crypto firms reporting mixed results in its implementation.

Elliptic provides blockchain analytics for crypto asset compliance and assesses risks associated with crypto wallets, virtual asset service providers and crypto transactions.

According to a June 1 statement, Elliptic will be utilizing ChatGPT in its off-chain intelligence and research operations to explore new risk factors in an “entirely new way.”

Accuracy and…

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