Australia Financial News

04.04 / 16:15

Blockchain Provident Platform Mobile Utility Australian Australian Mobile App Pioneering Crypto Utility

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

04.04 / 08:15

Australia’s Central Bank Jumps Ahead of Fed by Holding Interest Rates Steady

SYDNEY—Australia’s central bank put the brakes on its campaign of interest-rate increases, breaking with many of its global counterparts as it steers the commodity-rich economy on a narrow path away from a recession.

03.04 / 06:41

business Technology Society Machine Learning Media ChatGPT ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO

The creators of artificial intelligence (AI) fuelled applications should pay for the news and content being used to improve their products according to the CEO of News Corp Australia.

02.04 / 14:25

Citi Australian Australian House Prices Snap 10 Months of Declines

National home values rose 0.6% in March from February, breaking a 10-month streak of falls, according to property research group CoreLogic. Dwelling values were higher across the four largest capital cities, led by a 1.4% gain in Sydney.

02.04 / 02:55

business regulation us government US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO

The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.

31.03 / 19:23

business White Paper Kraken F1 Bitcoin Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car

The Formula 1 car for the Williams Racing team will feature an excerpt from the Bitcoin white paper, as a result of a sponsorship deal with United States-based crypto exchange Kraken.

31.03 / 14:57

business Volatility Machine Learning CryptoMarket OKX market volatility OKX launches AI integration to monitor market volatility

After the latest update of the infamous artificial intelligence (AI) chatbot ChatGPT-4, the technology has been a buzzword inside and outside the crypto industry. While opinions on the technology may be mixed, companies continue to integrate AI to enhance their user experience.

31.03 / 05:51

business CBDC Banks Commonwealth Bank of Australia ATM Cash Withdrawals Australian Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches

ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using an ever-dwindling number of ATMs and deposit machines.

30.03 / 14:39

UPS Target Digital Strategy crypto push Hong Kong fund aims to bet $100M, thanks to city’s crypto push

Hong Kong is ramping up its efforts to become a regional fintech hub, with a new fund aiming to raise $100 million this year to invest in digital assets.

30.03 / 09:37

Adoption Crypto funds fund Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp

A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.

30.03 / 08:21

business Adoption Investments cryptocurrency investment Hong Kong fund plans to raise $100 million for crypto investment

As Hong Kong is again opening up to the crypto market, local investors are launching a $100 million fund to finance the digital industry. The new fund, ProDigital Future, will aim at early-stage Web3 companies oriented at the regional market.

30.03 / 08:19

Link extends talks with Waystone over fund solutions arm sale

Link Group, the Australia-based parent of the administrator responsible for overseeing Neil Woodford's fallen flagship fund, has extended exclusive talks with Dublin-based Waystone to sell its UK fund solutions business.

30.03 / 06:53

business Blockchain Adoption Trading Altcoin expansion Australian OKX plans Australian expansion, citing ‘huge appetite’ for crypto

Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption.

29.03 / 10:47

Ethereum regulation cryptocurrency investment Bitcoin Regulation Bitcoin Australian Australian senator introduces private bill to expedite crypto regulation

A new bill has been introduced to the Australian Parliament proposing regulations for providing cryptocurrency services in the country.

27.03 / 15:13

Ethereum Binance Crime Legal DApp exit BUG Time Bug Bounty Today in Crypto: Canada’s ‘Crypto King’ Allegedly Kidnapped and Tortured, Kokomo’s $4M Exit Scam, KuCoin Launches $1M Bug Bounty Program, Bitget Partners with Space and Time

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

25.03 / 00:57

business MasterCard MetaMask Bitcoin Bitcoin climbs network Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs

Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks!

24.03 / 20:21

business Venture Capital consequences bail Venture capitalists bail on Zipmex bailout, company warns of consequences: Report

Cryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital firm V Venture. The exchange has sent a letter to the firm warning that it will have to begin liquidating one of its units without that money.

24.03 / 13:39

Zipmex Crypto Exchange Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed

Troubled crypto exchange Zipmex's $100 million bailout deal is in jeopardy as the exchange has not received its latest payment due March 23.

23.03 / 15:49

Citi Provident Digital XRP CEO Platform Bitcoin expansion regulatory Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape

As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses.

23.03 / 09:49

business Blockchain Adoption regulation Aussie crypto exchange hints interest in Hong Kong base, but it’ll depend

Australia-based crypto exchange Independent Reserve is looking at opportunities to set up shop in Hong Kong, as the city continues efforts to become a cryptocurrency hub.

22.03 / 17:37

COST Provident Digital Racing Collectibles IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners

NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets.

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