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Dr Phillip Lowe, the Governor of the Reserve Bank of Australia (RBA) has voiced his concerns that use cases for a digital Australian dollar.

The RBA boss is ‘sceptical’ about a digital Australian dollar, but could he be wrong?

Philip Lowe has questioned whether a central bank digital currency (CBDC) will have any substantial impact on the daily lives of regular Australians.

  • Tom Mitchelhill

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NFTs

Cryptoverse: Punk apes and a resurrection of NFTs

Digital art collectibles are among the big hits as non-fungible tokens make a comeback, with sales hitting $1 billion in January, according to market tracker CryptoSlam.

  • Medha Singh
FTX’s collapse and reported conduct is “shocking”, CBA’s CEO said.

‘FTX made the whole industry look silly:’ Australian investors downplay crypto enthusiasm

AirTree had adopted crypto industry jargon to project its bullishness on the sector, declaring it had “diamond hands” and were “black belt HODLers”.

  • Nick Bonyhady
Helen Lofthouse

ASX faces more RBA, ASIC scrutiny after collapse of blockchain project

ASIC and the RBA have slapped the operator of Australia’s Securities Exchange with a number of new requirements it must comply with after it dumped the long-awaited technology overhaul of its core trading systems.

  • Simone Fox Koob
Sam Bankman-Fried seemingly had no grasp of his own balance sheet.

The FTX horror show might have a silver lining for the crypto industry

The collapse of Sam Bankman-Fried’s cryptocurrency exchange has rattled the industry and seen billions wiped away. But one certainty has emerged.

  • Stephen Bartholomeusz
ASX chief executive Helen Lofthouse has officially dumped the blockchain-based replacement for the market operator’s CHESS system.

‘Very disappointing’: ASX roasted by RBA, ASIC after scrapping blockchain project

The ASX has been slammed by the RBA and ASIC after dumping the blockchain-based upgrade of its core trading systems at a cost of around $255 million.

  • Colin Kruger and Simone Fox Koob
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Sam Bankman-Fried, chief executive officer of FTX, has seen his fortune destroyed.

FTX’s spectacular collapse shows crypto will never be the ‘future of money’

FTX’s implosion serves as a validation of what many of us have been saying for a long time: cryptocurrency is just one large Ponzi scheme.

  • William Bennett
Over the past few years a number of DAOs have sprung up, including Australian investment syndicate Upside DAO, overseen by general manager Kyall Walker.

A new type of company: Meet one of Australia’s first DAOs

Decentralised autonomous organisations (DAOs) are a new entity with no central structure, rules encoded in computer programs, and are entirely self-governing.

  • Dominic Powell
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How young rich lister Kieran Warwick sold $120 million of virtual property

For most, the idea of spending tens of thousands of dollars on a parcel of digital “land” is unfathomable. But in the world of Illuvium, demand from buyers has been running hot.

  • Dominic Powell
The three founders of Bitcoin Global: (from left) Jin Chen, Sam Lee and Allan Guo in happier times.

Collapsed cryptocurrency exchange used customer funds for business loan

Liquidators are trying to track down the missing millions of hundreds of Australian investors who put money into one of the country’s first cryptocurrency exchanges, ACX, which collapsed in 2021.

  • Sarah Danckert

Original URL: https://www.theage.com.au/topic/blockchain-1mqa