The integration of ChatGPT, a generative artificial intelligence tool, into the financial sector has been transformative. Although its applications promise increased efficiency and new services, they also bring countless ethical challenges that require careful scrutiny and innovative solutions. A research paper titled “ChatGPT in Finance: Applications, Challenges and Solutions” was recently published. publishedexploring both the … Read more

A California court recently ruled against Crowd Machine and Metavine, ordering them to pay more than $20 million in damages, interest and penalties. This landmark decision follows the 2018 initial coin offering (ICO) of Crowd Machine Compute Tokens (CMCT), which the US Securities and Exchange Commission (SEC) deemed fraudulent and unregistered. The case began in … Read more

Citi’s latest report, titled Supply Chain Finance – Building Resilience as a New Definition of ‘Global’ Emerges, offers a comprehensive look at the evolving landscape of global trade and supply chains. Published on 22 January 2024, this report marks the fourth edition of the Citi Global Perspectives & Solutions (Citi GPS) series and is a … Read more

Mysten Labs, the key developer behind the Sui blockchain, has announced extended partnership with Alibaba Cloud. This collaboration aims to strengthen the Sui blockchain ecosystem through a series of innovative services, in particular through AI (AI) technology. Key aspects of this partnership include the development of an AI-enabled environment tailored for Sui’s Move language developers. … Read more

Cryptocurrency trading platform EDX Markets, backed by heavyweights such as Citadel Securities and Fidelity Digital Assets, is expanding its horizon with strategic extension in Singapore. The move marks a significant step in EDX Markets’ growth trajectory, following a successful second round of funding co-led by Pantera Capital and Sequoia Capital. While the exact amount of … Read more

The recent lawsuit filed by Harvey Eugene Murphy Jr. against Macy’s and Sunglass Hut underlines escalating concerns about the misuse of facial recognition technology in the retail sector. The case, which involves a $10 million claim, highlights the significant risks and ethical dilemmas posed by artificial intelligence (AI) tools in identifying individuals for law enforcement … Read more

In a digital age dominated by the rapid evolution of artificial intelligence led by ChatGPT, the recent spike in ChatGPT jailbreak attempts has sparked a crucial discourse on the sustainability of AI systems and the unintended consequences these breakthroughs pose for cybersecurity and the ethical use of AI. A research paper “AttackEval: How to Evaluate … Read more

Dinari, a blockchain-based securities investment platform, recently announced an important milestone in its journey, securing $10 million in seed funding in the fourth quarter of 2023. This significant investment round saw participation from notable entities such as 500 Global, Balaji Srinivasan, Alchemy Platform, Version One Ventures and Sancus Ventures, among others. This financial injection is … Read more

The Large Tongue Model (LLM) known as the Nous-Hermes 2 Mixtral 8x7B was recently introduced by Nous Research when it was released. An important step forward in AI capabilities is represented by the fact that this advanced model is the first developed by the company to be enhanced using Reinforcement Learning from Human Feedback (RLHF). … Read more

The Financial Industry Regulatory Authority (FINRA) has identified a staggering number of potential regulatory violations. In a targeted examination initiated in November 2022, FINRA reviewed over 500 crypto-asset-related retail communications from member firms. Findings released in January 2024 revealed that approximately 70% of these communications potentially violated FINRA Rule 2210, which governs communications with the … Read more