May 6 (Cointime) - SlowMist's MistTrack has integrated with GPT (Generative Pre-trained Transformer) to provide detailed explanations for its AML risk score, transaction actions analysis, address profile analysis, and transaction time analysis. GPT calculates the AML risk score based on entity ownership of the address, historical transaction activity of the address, and the presence of the address in the SlowMist malicious wallet address database. The system flags addresses associated with verified illegal activities and assigns a risk level from 1 to 100. Based on this risk assessment, it is recommended to implement address monitoring and transaction tracking for high-risk addresses and strict KYC policies for users and entities associated with these addresses. The integration of GPT with MistTrack is expected to improve blockchain security.

Blockchain security firm CertiK has frozen $160,000 worth of digital assets that were stolen from the decentralized exchange (DEX) Merlin. The stolen funds were reportedly transferred to a wallet that was identified as a high-risk address by CertiK's security protocols, triggering an automatic freeze of the assets.

BNB Chain is one of the most in-demand blockchains in the Web3 world thanks to its low fees, fast transactions, and rich ecosystem of projects. As with any blockchain, it's important for builders on BNB Chain to prioritize security in their development process, as any loss of user funds leads to the erosion of confidence in protocols and platforms.

Artificial Intelligence (AI), blockchain, and Decentralized Autonomous Organizations (DAOs) are three of the most transformative technologies of our time.

Decentralized exchange Level Finance experienced a security breach in its "LevelReferralControllerV2" smart contract, allowing an attacker to drain more than 214,000 of the exchange's LVL tokens valued at over $1 million and swap them into Binance Coin.

Smart contract auditor CertiK has offered Merlin DEX rogue developers a white hat bounty of 20%.

Web3 has seen numerous major breaches in its history, ranging from centralized exchanges losing private keys to investors losing their personal data. Data breaches pose long-term risks to impacted users, as data can linger for years in online hacker forums and dark web markets.

UniSat Wallet, open source chrome extension for Bitcoin Ordinals & brc-20, has announced that it has temporarily suspended access to its marketplace due to double-spend attacks that took place shortly after its launch.

Multi-Party Computation (MPC) is a mathematical approach used in cryptography that has the ultimate goal of having a cryptographic operation computed by multiple entities while ensuring that their inputs stay private and are not shared with any third party.

Gensler did not give a clear and direct answer to Congressman Patrick McHenry, the committee chairman, who asked if Ether, the second-largest cryptocurrency by market capitalization, is a security.