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Public filings reveal a $3B crypto trader who still lives with his mom
3.1.2023
While living at his parent's house in Sydney, Australia, this crypto trader took home over $7 million in profits in 2021, according to public records
Australian company faces a lawsuit from Pokemon for NFT collection
30.12.2022
A legal battle has erupted between Pokemon Company International and Pokemon Pty Ltd over trademark infringement by the Australian company for its NFT collection game, which is based on the original version. Kotiota Studios recently launched a play-to-earn game that is said to be inspired by...
Two crypto-related ETFs were the worst-performing in Australia for 2022
30.12.2022
ETFs tracking crypto companies have seen significant drawdowns over the year as a result of major macroeconomic headwinds
Mythic Quest’s Charlotte Nicdao Teaches Us Some Handy Australian Slang
22.12.2022
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Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan
21.12.2022
The regulatory environment is not one in which mergers of traditional businesses and crypto-native companies can easily take place, one lawyer said
Australian Open Adds NounsDAO Sponsorship Ahead of Second Web3 Activation
16.12.2022
The famed tennis tournament is teaming up with NounsDAO, OnCyber and Vayner Sports Pass ahead of its second Art Ball NFT release
Finder.com sued by Australian regulator over its crypto yield product
16.12.2022
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit
AO ArtBall hooks fanbase to 2023 Australian Open whereabouts
15.12.2022
AO ArtBall is currently in the process of creating new and fresh ways and means of the overall viewing of the game of tennis. It is also teaching new ways for players and users to experience the game like never before, with the addition of freshly created avenues and methods to bring more...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...
Australian 'token mapping' consultation paper to release in early 2023: Treasurer
14.12.2022
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping
Australian CBDC receives unexpected interest but could hurt banks: RBA
8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry
A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo
6.12.2022
ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch
Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter
5.12.2022
The job cuts would equate to a reduction of almost 45% of Swyftx's workforce
Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
4.12.2022
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes...
IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers
30.11.2022
Loot Boxes Would Be For Adults Only If Australian Bill Passes
29.11.2022
Following the example set by governments in places like Belgium and the Netherlands, an Australian politician has put forward a bill that would, if passed into law, massively restrict the use of loot boxes in video games aimed at children.Read more
Block Earner CEO calls for licensing clarity after being sued for crypto products
24.11.2022
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines
Australian firm raises $28M to expand Bitcoin mining capabilities
17.11.2022
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market
Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost
17.11.2022
The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS)
Australia Suspends Financial Services License of Local FTX Entity
17.11.2022
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives....