Despite having no real basis as a financial asset, cryptocurrency Dogecoin recently reached a market cap of more than A$12 billion.
The accounting profession and others in the financial services industry are at risk of extinction due to technological advances.
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In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
An increasing number of individuals and companies are now investing in Bitcoin, the world’s largest and first fully-functioning cryptocurrency. But why? And which way is the market headed?
Unregulated currencies and finance are cool in theory - but who is responsible when it goes wrong?
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In quick succession, UK has banned certain crypto derivatives trading and the owners of leading exchange BitMex have been indicted on criminal charges.
There has been massive growth in decentralised finance in the past three years.
ESB Professional
Nir Kshetri, University of North Carolina – Greensboro
As colleges and universities strive to protect their campuses from COVID-19, they must also pay attention to cyberattacks that target sensitive data, a cybersecurity expert warns.
Twitter’s ‘blue tick’ club of influential users was locked out after financial scammers hacked celebrities’ accounts. But with ever more trust placed in social media, we stand to lose more than money.
The coronavirus pandemic may provide another incentive for some countries to move to e-currencies.
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There’s no indication that handling cash increases your chance of catching COVID-19. But that hasn’t stopped countries around the world from looking at digital currencies.
Last year, men were more likely to report losses to investment fraud, while women were the main target for romance fraud. Overall, men reported higher financial loss.
Bitcoin miners will not get less for their efforts.
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