Coinbase (NASDAQ:COIN) Director Conor Grogan, on Tuesday, said that he used OpenAI's GPT-4 to identify security vulnerabilities in a live Ethereum (CRYPTO: ETH) smart contract. 

What Happened: Grogan noted that GPT-4 highlighted a number of potential threats to the contract and provided insight into ways the contract could be exploited. 

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

I dumped a live Ethereum contract into GPT-4.

In an instant, it highlighted a number of security vulnerabilities and pointed out surface areas where the contract could be exploited. It then verified a specific way I could exploit the contract pic.twitter.com/its5puakUW

— Conor (@jconorgrogan) March 14, 2023

OpenAI unveiled GPT-4 as its latest iteration of the primary large language model.

"We’ve created GPT-4, the latest milestone in OpenAI’s effort in scaling up deep learning. GPT-4 is a large multimodal model (accepting image and text inputs, emitting text outputs) that, while less capable than humans in many real-world scenarios, exhibits human-level performance on various professional and academic benchmarks," the company said.

Grogan added, “I believe that AI will ultimately help make smart contracts safer and easier to build, two of the biggest impediments to mass adoption.”

Price Action: At the time of writing, ETH was trading at $1,707, up 1.45% in the last 24 hours, according to Benzinga Pro data.

Read Next: Bitcoin, Ethereum, Dogecoin Gain After Inflation Data: Analyst Sees $30K For Apex Crypto As 'Fed's Work Is Almost Done'