The metaverse — which includes blockchains and cryptocurrencies — is still in its early stages. As its possibilities expand, it’s important to consider the potential threats and dangers as the metaverse introduces risks related to legislation, property, control, fraud, privacy threats, ethics and security...
The metaverse can bring many fraud risks, such as market manipulation, cyber breaches and attacks, privacy breaches, money laundering, corporate espionage and identity theft.
Unlike traditional social media platforms, users have no guarantee that the data they share is only shared with those they choose to share it with in the metaverse. That means user identities can be tracked and revealed
As one researcher explains: “We cannot just turn off who can follow our avatars in the metaverse as we can do in the traditional social media.” more
