Altcoin News by Thebittimes.Com

Learn how automated crypto trading bots can help minimize the impact of emotions on trading. Statistics suggest that an overwhelming majority of traders fail. While the 95% figure was popularized by Tradeciety in relation to traditional assets, the same is true for cryptocurrency trading. That means only about 5% of all traders are in the money. One of the reasons traders fail more often than not has to do with emotions, and the mismanagement of feelings is amplified in crypto trading, given the high volatility of the market. As a trader, it can be challenging to suppress emotions when making trading decisions. The fear of missing out, anxiety over losing funds, and the tendency to hold on to losing positions are all common emotional responses that can lead to impulsive and irrational trading behavior. There are several ways to minimize the impact of psychology on trading. One of them is turning to automated crypto trading, which involves the use of special software commonly referred ...

Some users in the crypto Twitter space are already reporting a reduction in the number of scam bots after Elon Musk’s latest changes to the social media platform. Elon Musk's latest salvo in his war against crypto spam bots on Twitter appears to have made some real impact, with the crypto community reporting a vast reduction in the number of responses on their posts from bots.  In a Dec. 11 post, the Twitter CEO hinted that “bots are in for a surprise tomorrow” and later explained that they've found a small number of people behind a large number of bot/troll accounts and that the platform will be shutting down IP addresses of “known bad actors.” The bots are in for a surprise tomorrow — Elon Musk (@elonmusk) December 11, 2022 He then followed up by explaining that while scammers might try other methods to circumvent the IP address block, Twitter will also be “Shutting them down as soon as they show up.” Shibetoshi Nakamoto, the pseudonym of Billy Markus, co-creator of meme...

The crypto community has come across an AI-powered chatbot that can be used to audit smart contracts and expose vulnerabilities. The online crypto community has discovered a new Artificial Intelligence (AI)-powered chatbot that can either be used to warn developers of Smart Contracts vulnerabilities or teach hackers how to exploit them.  ChatGPT, a chatbot tool built by AI research company OpenAI, was released on Nov. 30 and was designed to interact “in a conversational way” with the ability to answer follow-up questions and even admit mistakes, according to the company. However, some Twitter users have come to realize that the Bot could potentially be used for both good and evil, as it can be prompted to reveal loopholes in smart contracts. Stephen Tong, co-founder of smart contract auditing firm Zellic asked ChatGPT to help find an exploit , presenting a piece of smart contract code. OMG WTF pic.twitter.com/I2hE0e5ppq — cts (@gf_256) December 1, 2022 The bot responded by no...