Despite the Banana Gun team claiming to have undergone two audits, the flaw in the contract of the eagerly-awaited BANANA token was spotted in mere seconds by ChatGPT.
the “way forward” for users caught up in the crossfire, stating that the first step is to sell the treasury wallet to drain the liquidity pool to be used for a new contract.
Additionally, the team claimed that it would soon relaunch the token with an airdrop to ensure that unlucky BANANA investors could be made whole while having the new contract audited.In this case, ChatGPT has been praised for its ability to quickly spot the flaw, however, experts have continued to warn against using AI to write and audit code.
Speaking to Cointelegraph on Sept. 5, CertiK’s chief security officer Kang Li said that ChatGPT and other AI-powered assistants, which could be catastrophic for amateur coders looking to build their own projects. Banana Gun is one of the newest and more dominant entrants to the Telegram bot trading scene, pioneered by the outsized success of Unibot. Since Unibot, Telegram bot-enabled trading has witnessed a significant uptick in popularity among degen traders looking to quickly snipe new tokens and hunt airdrops more efficiently.
According to data from Dune Analytics, DEX trading bots notched a record daily trading volume of $16.7 million on Aug. 29.
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