Ethereum inventor Vitalik Buterin.
SIpa US
Crypto’s second-largest currency is shifting to a new environmentally friendly system.
As the possibilities of the metaverse expand, it will occupy an increasing role in everyday life.
(Shutterstock)
As businesses establish themselves in the metaverse, the amount of financial transactions there will increase. This will come with previously unknown risks.
Proof of work mining requires specialist hardware, and as a result is energy intensive.
Mark Agnor/Shutterstock
Cryptocurrency has a substantial carbon footprint. Ethereum have taken steps to address this, but will others follow suit?
Dave Hunt/AAP
The landmark change places Bitcoin and other cryptocurrencies under immense pressure to follow suit.
Crypto trading platforms Celsius and Voyager filed for bankruptcy in July 2022, suspending all withdrawals, swaps and transfers between accounts and leaving users’ assets trapped inside their platforms.
(Shutterstock)
Because cryptocurrency exchange platforms act more like banks, they should be subject to increased oversight to protect clients’ assets.
Global central banks, like the Bank of Canada, are considering their own digital currencies as a backstop to prepare for a future where cryptocurrency dethrones cash as king.
THE CANADIAN PRESS/Adrian Wyld
Central banks worldwide are racing to implement national digital currencies, yet democratic considerations are hardly discussed in public. This has to change.
Some of the of 19,000 private cryptos in use by end of June 2022. Users have increased sharply in Africa after the COVID-19 outbreak. Silas Stein/Picture Alliance via
Getty Images
To live up to their promise, both on the African continent and elsewhere, digital currencies must be globally coordinated.
Peter Thiel, co-founder of PayPal and Palantir, delivers a keynote speech at the Bitcoin Conference in April in Miami Beach, Fla.
(AP Photo/Rebecca Blackwell)
The craze for crypto-currencies continues to grow. However, the environment is risky for investors, not only in terms of volatility, but also because of fraud.
Shutterstock
To assess the prospects of cryptocurrencies, it’s useful to consider how money was invented and became centralised in the first place.
Significant losses have caused a crypto market exodus, but for how long?
Andrey Gorgots/Shutterstock
Are we witnessing the beginning of the end for crypto or is this just another crash in a volatile market?
The anonymous nature of cryptocurrency transactions is ideal for con artists.
seksan Mongkhonkhamsao/Moment via Getty Images
From initial coin offerings that are totally fake to fraudsters demanding payments in crypto, scams involving cryptocurrencies are on the rise. Two experts explain why – and how to protect yourself.
The metaverse might be a work in progress, but a key prototype – the virtual world – has been around for several decades.
Screen capture from Second Life by Tom Boellstorff
Who makes money from the metaverse, and how, comes down to what it becomes. And shaping the metaverse is, to a large degree, a matter of definitions.
Shutterstock
Australia is in the middle of a much-needed process of regulating cryptocurrency and related digital assets, but there’s plenty still to be done.
Shutterstock
Scams in both the crypto gaming and blockchain space more broadly are increasing.
The price of bitcoin has tumbled.
WindAwake/Shutterstock
Bitcoin has lost over half of its value since November 2021.
Shutterstock/WHYFRAME
Cryptocurrencies may be down, but they’re not out.
Shutterstock/David Sandron
Uncertainty is affecting what used to be the safer end of the market.
An increasing number of people are falling victim to cryptocurrency scams on dating websites.
(Shutterstock)
Online dating scams are costing site users millions of dollars. Regulation needs to hold companies accountable for fraud committed on their platforms.
Shutterstock
Some foreign officials promoting central bank digital currencies want to be able to track and limit transactions in real time.
Virtual real estate is all the rage, but do purchasers end up owning what they see on their screens?
Courtesy Decentraland
NFTs are hailed as the foundation of the metaverse economy because they allow you to purchase unique digital assets, from art to real estate. But legally, you might not own what you think you do.