Australia Financial News
07.12 / 18:19
Ethereum
litecoin
Bitcoin
Aussie Crypto Exchange Sinks Amid Complaints, Missing Fund Allegations
Australian crypto exchange myCryptoWallet has tanked following a wave of complaints by users and allegations of missing funds, potentially leaving behind countless customers deprived of access to their crypto assets.
07.12 / 12:17
Legal
Bitcoin
USD 100M Jury Verdict in Craig Wright Case Brings More Confusion
The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals, as well as denied by the plaintiff's lawyers – who also claim victory.
07.12 / 08:17
Adoption
Survey
Research
Massive jump in number of Australians who own crypto: Survey
The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of more than 2,000 people found that the percentage of Australians surveyed who own or have owned crypto has reached 28.8%, up from 18.4% in 2020.
07.12 / 07:03
cryptocurrency
Man
Bitcoin
US court
Self-Described Bitcoin Creator Asked To Pay $100 Million By US Court
The jury rejected most claims against Craig Wright.
07.12 / 05:29
Survey
Research
Women
Australian
Australian women owning crypto has doubled in 2021: Survey
A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year.
06.12 / 08:33
Law
regulation
Trading
Singapore suspends Bitget exchange license over K-Pop coin promotion
Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy band BTS.
05.12 / 15:05
Ethereum
Bitcoin
US and European allies condemn Taliban over 'summary killings'
The United States and their European allies condemned the Taliban on Sunday following reports that former members of the Afghan security forces were executed or forcibly disappeared.
03.12 / 23:53
Ethereum
XRP
Cardano
Bitcoin
Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies.
03.12 / 15:29
Adoption
Investments
Bitcoin
Crypto community responds to Charlie Munger yelling at Bitcoin again
As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments.
03.12 / 06:33
Ethereum
inflation
Bitcoin
Academic research claims ETH is a 'superior' store of value to Bitcoin
Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary currency.”
02.12 / 06:11
Bitcoin
Jury in Craig Wright lawsuit 'cannot all agree on a verdict'
The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked.
01.12 / 19:23
Provident
Digital
Progressive
Bitcoin
Cryptocurrency in Australia 2021
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01.12 / 09:41
NFT
layer2
Mobile Games
NFT game Guild of Guardians raises $5.3M, token sale oversubscribed 82X
Upcoming NFT based mobile role-playing game Guild of Guardians has sold out two tranches of its native token (GEMS) totaling $5.3 million.
01.12 / 06:31
Adoption
Survey
Research
True or false: 91% of surveys about Bitcoin and crypto are totally wrong
When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn't believe it for a second.
30.11 / 15:51
restrictions
Variant
What the Omicron Variant Means for Travel Restrictions and Bans
The World Health Organization has declared the new Omicron variant of the coronavirus a “variant of concern,” indicating that it carries higher risks than other virus strains.
29.11 / 03:15
Racing
Variant
Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond
Countries around the world reported their first cases of the Omicron variant over the weekend and some imposed new travel restrictions, racing to protect themselves against the potentially more contagious strain even as scientists cautioned they don’t yet know how severe it will prove to be.
28.11 / 13:25
Government
Ethereum
ETF
Bitcoin
Australian
US Bitcoin ETF favors Australian approval, but Aussies need to go further
On Oct. 19, 2021, the ProShares Bitcoin Strategy ETF (BITO) launched on the New York Stock Exchange. On its first day, the exchange-traded fund (ETF) saw an influx of close to $1 billion in natural volume and, within 24 hours, Bitcoin (BTC) itself would reach a new all-time high for its price in U.S. dollars. This comes a week after the U.S. Securities and Exchange Commission allowed the ETF’s application to expire, which effectively gave the okay for the product to move ahead.
26.11 / 19:09
Adoption
Africa
Bitcoin
Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
26.11 / 11:13
Nikkei
Variant
fall
Markets fall after South Africa raises alarm on new Covid-19 variant
Global equity markets and US stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus.
26.11 / 04:11
Government
Blockchain
Adoption
Crypto users
Australian
Australian Tax Office says it can't rely on crypto users' own records
The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best.
25.11 / 05:05
NFT
Scams
Blockchain Game
Drop
Animoca to repay users 265 ETH stolen in fake NFT drop Discord hack
Hong Kong-based gaming and venture capital company Animoca Brands and subsidiary Blowfish Studios have promised users that they will repay 265 ETH (US$1.1 million) stolen in a fraudulent nonfungible token (NFT) sale on D`iscord.
what's happening in Australia
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