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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)

Crypto platforms say they’re exchanges, but they’re more like banks

Because cryptocurrency exchange platforms act more like banks, they should be subject to increased oversight to protect clients’ assets.
In the metaverse, your avatar, the clothes it wears and the things it carries belong to you thanks to blockchain. Duncan Rawlinson - Duncan.co/Flickr

The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping

For the metaverse to work, people need to own their virtual bodies and possessions and be able to spend money. The same cryptographic technology behind bitcoin will make that possible.

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