Australia Financial News

04.02 / 08:05

cryptocurrency cryptocurrency in india Budget 2022 crypto tax Global players cheer crypto tax as first step to nod

Mumbai: The worldwide crypto community has lauded India’s announcement to tax cryptocurrencies and develop a blockchain-based, regulator-backed digital currency as a significant step forward toward legitimising the asset class and encouraging innovation in blockchain technology. «This means that India recognises the importance of crypto, digital assets and their underlying technology, blockchain, too,» said Anndy Lian, Chairman of the Singapore-based BigONE exchange. «The next crypto bull market could be led by India.» On February 1, Finance Minister Nirmala Sitharaman announced the government would impose a blanket tax rate of 30% on the transfer of «virtual digital assets.»

04.02 / 07:15

Facebook Scams Fraud Aussie competition watchdog investigating Meta over crypto scam ads

Australia's consumer and competition (ACCC) watchdog is investigating Facebook’s parent company Meta for a long running series of fraudulent cryptocurrency advertisements of the platform.

03.02 / 18:55

NFT Gaming Non-fungible tokens GameStop Immutable GME Immutable and GameStop to Launch an NFT Marketplace, $100M fund; IMX & GME Rise

Australia-based Immutable has announced that its layer 2 (L2) scaling protocol for Ethereum (ETH) and non-fungible tokens (NFTs), Immutable X, has partnered with the US-based videogame retailer GameStop (GME) to launch an NFT marketplace.

03.02 / 06:31

regulation Scams Court Meta Platforms Crypto scams Aussie billionaire sues Facebook over crypto scams with AG's consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims.

01.02 / 16:19

Blockchain Adoption Metaverse patents Meta joins patent alliance, pledges free crypto patents for all

The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all.

01.02 / 11:19

Australia Central Bank Ends Key Pandemic Program

SYDNEY—The Reserve Bank of Australia will end a bond-buying program that has anchored its response to the Covid-19 pandemic, given accelerated inflation and a tight job market.

30.01 / 18:01

Art SpaceX open Australian Rafael Nadal wins Australian Open final, collects record-breaking 21st Grand Slam title

Rafael Nadal got to 21 first.

29.01 / 21:49

Crime Italy: Mattarella tells party chiefs he is 'at country's disposal' prior to eight round of voting

As Italian political leaders on Saturday struggled to clinch a deal to elect Italy's next president, momentum appeared to be building for president Sergio Mattarella to reconsider his refusal to serve a second term as head of state — a role meant to unify the nation.

29.01 / 20:19

Crime Russian daily COVID count surpasses 110,000 due to Omicron onslaught

The daily count of new COVID-19 infections in Russia spiked above 110,000 on Saturday as the highly contagious Omicron variant races through the vast country.

28.01 / 17:39

Forecast MARKET Federal Reserve Bitcoin Bitcoin to Hit USD 93K This Year, According to Less Optimistic Survey

Bitcoin (BTC) could rise to a high of USD 93,000 or more this year, and close to USD 193,000 by the end of 2025, a panel of industry players gathered by comparison website Finder predicted. However, they were less optimistic than in October.

27.01 / 11:29

Blockchain Provident Digital Platform Chrono.Tech Attracts USD 30 Million Investment

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

24.01 / 08:39

cryptocurrency Lowe's Bitcoin record high Bitcoin Value Halves From Record High Of $69,000 Amid Sell-Off In Tech Stocks

Bitcoin was at $36,026, having fallen 10% on Friday and dropping as low as $34,000 on Saturday.

24.01 / 05:01

business cryptocurrency Fed Weekend Cryptocurrencies pause after weekend battering, other currencies wait for Fed

The dollar traded steady on Monday ahead of the U.S. Federal Reserve's January policy meeting later this week, while bitcoin lay bruised near a six-month low hit over the weekend, hurt by a sell-off in technology stocks.

23.01 / 13:01

German navy chief Kay-Achim Schönbach resigns over 'ill-considered' Ukraine-Russia comments

The head of the German navy resigned late Saturday after coming under fire at home and abroad for comments he made on Ukraine and Russia, that were widely circulated online.

22.01 / 21:15

Protest COVID-19 Vaccine COVID-19 vaccine passport protests in Europe draw thousands of people

Thousands of people gathered in European capitals Saturday to protest vaccine passports and other requirements governments have imposed in hopes of ending the coronavirus pandemic.

21.01 / 13:27

Blockchain Twitter Digital Platform Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace

Twitter announced Thursday that it was rolling out an official verification mechanism for NFT avatars, allowing some users to set the NFTs they own as their profile picture.

21.01 / 05:09

Government Blockchain Bitcoin Australia’s plan to create a crypto competitive edge in 12 steps

In October 2021, the Senate Committee for Australia as a Technology and Financial Centre released its much-awaited recommendations for how cryptocurrency should be regulated. The 168-page final report boils down to 12 recommendations aimed at striking the right balance between creating legitimacy without stifling innovation.

21.01 / 04:07

business Law Sport Food Jack in the Box ends suit against FTX for allegedly stealing its mascot

Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come to an end after the parties reached a settlement.

19.01 / 18:51

Blockchain Digital Metaverse Meta This Is How Meta Might Make Money in Metaverse

Facebook’s parent company Meta has recently been granted a range of new patents in the US which reveal new details about its plans for building out technologies for the metaverse.

19.01 / 04:59

BLOCK AXY Currency Indices Smart Token Labs and Perion Launch Season Rewards NFT for Top-ranked Players

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

19.01 / 00:02

Amazon VISA MasterCard Amazon halts plan to stop accepting Visa credit cards in the UK

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