New Zealand’s central bank is taking a long, hard look at cryptocurrencies and the role they will play in future business. Here’s what businesses had to say about our digital future.
Tocyn hanner ceiniog gan Gwmni Mwyngloddio Parys o Fôn yn 1788. Defnyddiwyd cynllun yn dangos derwydd am flynyddoedd lawer.
BrandonBigheart/Wikimedia
Cwmni mwyngloddio o Gymru oedd y cyntaf i roi tocynnau i weithwyr fel dull arall o dalu.
A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs.
BrandonBigheart/Wikimedia
The new UK white paper reforming the gambling laws for the digital age says nothing about one of the most concerning new developments in this field in the past 20 years.
There’s much excitement among bitcoiners right now – but are they about to be disappointed?
A worker from Hope House, an organization that sponsors the use of cryptocurrencies on El Zonte beach, makes a purchase at a small shop that accepts bitcoins, in Tamanique, El Salvador, June 9, 2021.
(AP Photo/Salvador Melendez)
Even though some traditional financial firms parked millions in the bankrupt company – once valued at $30 billion – the impact of FTX’s spectacular crash is limited to crypto investors
Former FTX billionaire Sam Bankman-Fried.
Dan Matt
Not all digital money is cryptocurrency. Digital money can take the form of card or mobile phone payments, central bank digital currencies and virtual currencies such as Zuck Bucks.
Blockchain transactions are carried in blocks. The amount of energy it takes to add a new block varies widely depending on how it’s done.
Yuichiro Chino/Moment via Getty Images
Ethereum, one of the world’s largest blockchains and host of decentralized finance, NFTs and billions of dollars’ worth of cryptocurrency, is poised to dramatically reduce its energy consumption.
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.
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