Etherscan launches AI-powered Code Reader: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
The past week in DeFi was filled with artificial intelligence (AI)-centered developments on Etherscan, Polygon’s latest security update and on-chain sleuth ZachXBT’s ongoing lawsuit supported by multiple crypto personalities.
Etherscan launched an AI-powered code reader to retrieve and interpret the source code of specific contracts, while the Polygon co-founder proposed a zero-knowledge Ethereum Virtual Machine (zkEVM) upgrade to improve the protocol’s security.
Binance CEO Changpeng Zhao rallied behind ZachXBT and donated to his lawsuit fund, which has now grown to over $1 million. The community-funded effort is to help the blockchain investigator fight a defamation case brought against him by Jeffrey Huang, better known on Twitter as MachiBigBrother.
The top 100 DeFi tokens broke out of a three-week-long bearish phase aided by a significant Bitcoin (BTC) price surge over the past week, with most DeFi tokens trading in green, barring a few.
On June 19, Ethereum block explorer and analytics platform Etherscan launched a new tool dubbed “Code Reader” that utilizes artificial intelligence (AI) to retrieve and interpret the source code of a specific contract address. After a user inputs a prompt, Code Reader generates a response via OpenAI’s large language model, providing insight into the contract’s source code files.
Code Reader’s use cases include gaining deeper insight into contracts’ code via AI-generated explanations, obtaining comprehensive lists of smart contract functions related to Ethereum data, and understanding how the underlying
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