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Is AI stealing crypto’s limelight? S’pore tech start-ups weigh in

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An installation of the legendary Trojan horse built entirely out of microelectronic circuit boards and other computer components, outside the Tel Aviv University campus in Israel.

An installation of the legendary Trojan horse built entirely out of microelectronic circuit boards and other computer components, outside the Tel Aviv University campus in Israel.

PHOTO: AFP

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SINGAPORE – The once-thriving blockchain and crypto industry has experienced a slight rebound in recent months following the implosion of some of its biggest players such as

stablecoin TerraUSD

(UST) and

cryptocurrency exchange FTX

in the later stages of 2022.

However, private funding for crypto start-ups has dried up, falling to its lowest level since 2020.

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