4th October 2024 Digital Bytes

Digital money and gig economy (Part 2) - the gig economy, supported by platforms such Uber and Upwork, is transforming traditional work by emphasising short-term, flexible jobs. Digital money, particularly cryptocurrencies, is further reshaping this space by enabling fast, borderless payments and offering financial inclusion. However, challenges such as currency volatility and regulatory uncertainty persist. Yet, despite these hurdles, digital currencies have the potential to create a more efficient and inclusive global labour market within the evolving gig economy.

Demystifying non-liquidating accounts - the collapse of FTX has brought to light the critical risks associated with non-liquidating accounts which, despite their benefits, can pose significant threats to market stability if mismanaged. Whilst algorithmic stablecoins were a key factor, the overlooked impact of these accounts raises several pressing questions: How can crypto exchanges better manage the risks associated with n…