Australia Financial News

27.01 / 17:25

Target Telegram Platform Huobi Returns Huobi (HT) Fails To Bounce, Orbeon Protocol (ORBN) Offers High Returns In 2023

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26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

26.01 / 13:43

Blockchain Provident Kraken ANZ NAB mints its own stablecoin

The aim is to provide an A$-backed token for customers to settle blockchain transaction in real-time. Speaking to the Australian Financial Review, NAB’s chief innovation officer Howard Silb, said the AUDN could also be used for "carbon credit trading, overseas money transfers and repurchase agreements".NAB is following in the footsteps of rival bank ANZ, which in June complete its first transaction for its A$DC stablecoin.

26.01 / 07:49

business FTX Court Bankruptcy Sky Mavis Charities FTX creditor list shows airlines, charities and tech firms caught in collapse

A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse.

25.01 / 20:01

Binance SEC Legal USDC Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token

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

25.01 / 13:17

Adoption ATM CoinATMRadar Australia ranks 3rd in crypto ATM installations after US and Canada

Despite the bear market and the record-low dynamics of new Bitcoin ATM installations around the world, Australia breaks into the top three nations globally by the number of crypto ATMs. It was only in the first days of January when the Aussies got to the fourth spot — since that time they installed 16 more machines.

25.01 / 09:57

business FTX Bankruptcy Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout

Australian cryptocurrency exchange Digital Surge appears to have narrowly avoided collapse, despite having millions of dollars in digital assets tied up in the now-bankrupt FTX crypto exchange.

24.01 / 10:31

business Law Mining regulation Bloomberg Bankruptcy Bitcoin Backed Bitcoin Miner BlockFi to sell $160M in Bitcoin miner-backed loans: Report

Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings, according to reports.

23.01 / 19:15

Stablecoin Crime Legal UK network Blockchain Network Today in Crypto: Bitzlato Exchanged $1 Billion in Crime-linked Assets, SEBA Launches Three-tiered Membership Program, China’s Blockchain Network to be the Swift of Stablecoins & CBDCs

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

23.01 / 08:57

regulation Financial Systems Financial Aussie execs refute 'argument' to treat crypto as financial products

Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia's assistant treasurer on the ma

22.01 / 06:23

business Blockchain education Binance Charity to provide over 30K Web3 scholarships in 2023

The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging out a career in Web3 in 2023.

20.01 / 17:17

FIVE coinbase Mobile Remark Gemini Samsung LiveCoin boost Crypto users Crypto Users in Brazil, India Set for Boost from Latest Samsung Wallet Rollout

Samsung has announced the rollout of its crypto wallet-linkable mobile payments solution – Samsung Wallet – in Brazil, India, Malaysia, and five other countries.

20.01 / 09:45

Government Law Ethereum Binance regulation Bitcoin FTX reboot could falter due to long-broken user trust, say observers

Several crypto industry commentators have laid skepticism on FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment of customers as some reasons why users may not “feel safe to go back.”

19.01 / 20:07

Blockchain Ethereum Stablecoin Bitcoin National Customers Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO

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

19.01 / 12:35

Blockchain Provident ANZ NAB mints its own stablecoin

19.01 / 08:39

business Blockchain Stablecoin Adoption Carbon Trading Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network.

18.01 / 03:07

Digital Platform Bitcoin UK crims sentenced for multi-million pound crypto fraud

All four were associates of James Parker, who masterminded the conspiracy from his home in Blackpool over a three-month period between October 2017 and January 2018. Parker, who died in 2021, identified and then exploited a loophole on the cryptocurrency trading platform which allowed him and his associates to obtain credits worth £21 million at that time.Over three months, Parker extracted crypto assets worth £15 million from his trading account.

16.01 / 12:33

Blockchain Adoption Europe European Union Cross-border Cross-border crypto scammers on the hit list for EU agencies

By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An international law enforcement operation led by European government agencies joined crypto entrepreneurs and businesses to curb cross-border crypto scams since July 2022, uncovering a criminal network operating through call centers.

12.01 / 13:51

ETF Samsung Bitcoin Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest

In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung's investment arm Samsung Asset Management, is set to list the "Samsung Bitcoin Futures Active ETF" on the Hong Kong stock market on Jan. 13.

12.01 / 13:01

Bitcoin mining ETF tops equity ETF market in new year’s performance charts

Bitcoin (BTC) and other altcoins started the new year on a bullish note, with most cryptocurrencies surging to multi-month highs. Apart from the spot market, the equity exchange-traded fund (ETF) market is also dominated by BTC, wherein Valkyrie’s Bitcoin Miners ETF (WGMI) is the leading equity ETF market and is up by 40% year to date.

11.01 / 11:43

Adoption data Bitcoin network Bitcoin nodes data: Frankfurt houses the largest city-wide network

While the United States holds the biggest share in Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the most number of reachable Bitcoin nodes — the biggest pillar of the Bitcoin system — is Frankfurt, Germany.

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