Traditional financial institutions are ill-prepared to deal with the increasing sophistication of financial cybercriminals. That’s why many experts are looking to AI and blockchains to help stem the tide of financial fraud.

There’s much grumbling in the web3 world about what would happen if regulation comes to the sector. But regulation of decentralized finance, or DeFi for short, isn’t a matter of if, but when. DeFi aims to enable lower-cost, more accessible financial transactions without the identity requirements of traditional