Total virtual currency sales jump in 2018 but monthly trend slows
Virtual currency sales ballooned to US$9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly...
View ArticleApple bans cryptocurrency mining apps on iOS to protect mobile users
Using an iPad or iPhone to mine bitcoin or other cryptocurrencies would be hard to do, as the CPU power available to complete the task would be a drop in the bucket compared to what's needed.
View ArticleTether used to boost bitcoin prices, study finds
There is evidence that tether, a digital currency pegged to the U.S. dollar, may have been used to manipulate the price of bitcoin and other cryptocurrencies, according to a research paper released by...
View ArticleSolar powered data centre proposed for Collie, WA
Data centre firm DC Two has announced it is planning to build “the first behind the grid data centre in Australia powered primarily from renewable energy sources”.
View ArticleCollie solar data centre proposal gets govt backing
A proposal to build a “behind the grid” data centre – which it is claimed will be the first in Australia to be “powered primarily from renewable energy sources” – has received the backing of the...
View ArticleASIC clamps down on dodgy ICOs and crypto asset funds
The Australian Securities and Investments Commission (ASIC) today revealed it had stepped in to stop five initial coin offerings (ICOs) from raising capital since April.
View ArticleSydney couple allegedly used cryptocurrency to launder fraud proceeds
A Sydney couple allegedly used cryptocurrency to help launder the proceeds of credit card fraud.
View ArticleScammers con people into paying ‘tax debts’ at bitcoin ATMs
Victorian Police have warned people against paying fake tax debts at Bitcoin ATMs.
View ArticleASX makes post CHESS blockchain move
Implementing the blockchain-inspired system is not the end game. It is just the beginning says CIO.
View ArticleKPMG Australia launches cryptocurrency tax estimator API
KPMG today launched a tool to help traders of cryptocurrencies better understand their tax liabilities.
View ArticleDeadset distributed ledger legends: Aussie inventors’ blockchain patent strength
Patent applications for blockchain related innovations are booming worldwide and Australia is ‘punching above its weight’ according to a report from the ACS and IP Australia’s Patent Analytics Hub.
View ArticleICOs under Treasury’s microscope
Although a large number of initial coin offerings (ICOs) have either skirted laws to illegally raise funds or, in some cases, been outright scams, with the right regulatory settings they may offer a...
View ArticlePopularity of cryptocurrencies among scammers grows
Although Bitcoin may have lost much of its lustre among speculators, the Australian Competition and Consumer Commission has revealed that in 2018 it and other cryptocurrencies remained popular among...
View ArticleATO gathers bulk data from crypto exchanges
The Australian Taxation Office is ingesting bulk records from local cryptocurrency businesses as part of its compliance efforts.
View ArticleBinance heist sees hackers grab bitcoin worth US$41 million
Hackers stole bitcoin worth US$41 million from Binance, one of the world's largest cryptocurrency exchanges, the company has said, the latest in a string of thefts from cryptocurrency exchanges around...
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