(Bloomberg) — Open-source artificial intelligence is making it easier for hackers to hide malicious code on blockchains, opening a new front in a crypto industry already grappling with rising cybercrime.
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Instances of malware instructions written into on-chain transactions and smart contracts are up 440% in less than a year, averaging 11 cases per day, blockchain analytics firm Chainalysis said in a report published on Thursday. Such cases averaged two per day prior to the release in the middle of last year of powerful Chinese open-source AI models with no restrictions on generating malicious code, according to the report.
A malware attack uses malicious software…
