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AI

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore’s AI fintech sector saw a 77% increase in funding. The latest edition of the KPMG Pulse of Fintech report highlights a challenging year for the global fintech market in 2023, with investment levels and deal activities experiencing […]

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud. As a result of his arrest in March 2023 for trying to travel with falsified papers, Han Chang-joon, who had previously served as the […]

Harnessing AI Tools for Enhanced Efficiency and Client Education

A: The first step in adopting generative AI in your practice is to educate yourself and your team about its capabilities and limitations. Several courses available today cover the basics. Introductory courses can be found at online courseware providers such as Coursera, Udemy, LinkedIn Learning, and in online business courses at institutions like MIT, Kellogg […]

Vitalik Buterin Says Developers Should ‘Tread Carefully’ Mixing Crypto and AI

The next category, which Buterin tags as “high potential, but with high risks,” includes applications where AI acts as an “interface to the game.” In these applications, AI is used to help users “understand the crypto world around them” and ensure their behavior “matches their intentions.” Buterin gives the example of scam-detection features, like the […]