Australia Financial News

21.07 / 09:11
cryptocurrency Tesla Bitcoin Holdings Suspends Withdrawals bitcoin holdings Top Cryptocurrency News on July 21: Tesla sells bitcoin holdings, Zipmex suspends withdrawals and more
[content][quote]Market Buzz[/quote][title]Bitcoin, Ethereum fall up to 5%[/title][circularimage]
21.07 / 08:59
Blockchain Study Court Bitcoin sentencing Crypto use an aggravating factor for sentencing: Aussie court study
Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found. 
20.07 / 20:13
veteran Natixis Deutsche Bank veteran Frazer Ross re-emerges at Natixis
A former Deutsche Bank bond banker who left the German lender in January has resurfaced in a new role.
20.07 / 14:21
business Investments coinbase Asia Suspends Withdrawals Financial Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a "combination of circumstances" beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed as “rumors” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase.
18.07 / 21:37
Lowe's Digital Tether Australian Australian Central Bank bats for private solution to cryptos if…
According to Phillip Lowe, Governor of the Australian Central Bank, a private solution for cryptocurrencies “is going to be superior.” That is, as long as risks are reduced by regulations.
18.07 / 08:51
CBDC regulation Central Bank Australian Australian central bank governor favors private sector crypto technology
Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.
15.07 / 11:31
Government regulation Aussie FPA supports 'crypto rule book' and regulation of exchanges
The Financial Planning Association of Australia (FPA) has shown its support for the “crypto rule book” idea and called for regulating exchanges instead of crypto assets.
12.07 / 22:39
business Funding Metaverse Sandbox Animoca Brands raises $75M to advance ‘open metaverse’ concept
Blockchain gaming and venture studio Animoca Brands has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector. 
08.07 / 09:27
Blockchain Fraud Loans Nifty News: Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more
A Dune analytics platform user has found that more than $18.5 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) Nonfungible tokens (NFTs) have been marked as stolen or flagged for suspicious activity on Opensea to date. 
05.07 / 13:19
Blockchain Microsoft Enterprise EPC Blockchain among 16 Startups Selected to Join EY Incubator
Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow.
04.07 / 09:23
regulation Conference policies Haters to unite at the first conference for crypto skeptics
In the middle of crypto’s latest bear market, industry and asset class detractors have rallied together to share their skepticism and network with lawmakers at their own anti-crypto conference.
03.07 / 21:43
CEO War Ukraine war: Five important developments to know for Sunday
1. Russian forces claim control of Lysychansk
03.07 / 13:29
LGBT Australia floods: Thousands told to evacuate from Sydney suburbs
Authorities in the Australian city of Sydney ordered thousands of people to evacuate their homes on Sunday, after the outskirts were hit by torrential rains. 
01.07 / 03:39
Adoption Sport Environment Rewards4Earth plans to roll out crypto rewards to 1000 sports clubs in Australia
In a small coastal town just north of Brisbane, Queensland, 20 members of the Coolum Surf Club have been taking part in an initial trial of the Erth Point System, a crypto rewards platform from the Australian company Rewards4Earth.
28.06 / 04:35
Blockchain Ethereum ETF Bitcoin Weekly Institutional crypto asset products saw record weekly outflows of $423M
Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all of the carnage.
27.06 / 06:35
business Blockchain Stablecoin Carbon Credits ANZ's stablecoin used to buy tokenized carbon credits
ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy.
24.06 / 02:25
Law regulation advertisement Chainalysis tips Australia will crack down on misleading crypto ads
Chainalysis’ head of international policy Caroline Malcolm expects Australia’s new rules governing crypto advertising, promotion and consumer safeguards to follow a similar path to the United Kingdom when they come into place within the next year. 
23.06 / 08:37
business interview Research A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to build a Metaverse Research and Development Center (MRDC) in Melbourne.
22.06 / 01:37
Blockchain CBDC Adoption regulation BIS compares projects to transfer central bank digital currencies across borders
The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers across borders. The projects demonstrated the technical feasibility of the transfers, the BIS found, but practical and policy issues remain outstanding. 
21.06 / 12:23
Lowe's Target Inflation Outpaces Forecasts in Australia and South Korea
Policy makers in Australia and South Korea warned that inflation was rising faster than expected, and the head of Australia’s central bank said it would take years for it to return to normal levels.

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