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New Revelation: Australian Regulators Probed FTX Crypto Exchange Before Its Collapse – Here's Why
31.1.2023
It has emerged that the once thriving FTX exchange had been subject to open inquiries from the Australian Securities and Investments Commission (ASIC) since March 2022.
With over 30,000 Australian investors seeking to reclaim their individual deposits of up to $1M (AUD). Questions are surfacing...
Australian Regulator Had Internally Raised Concerns on FTX
30.1.2023
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country
Aussie regulator flagged concerns about FTX months before collapse: Report
30.1.2023
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents
Australian Crypto Exchange Digital Surge to Pay Back Creditors After Losing $33M on FTX
25.1.2023
Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan
National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
19.1.2023
The National Australia Bank (NAB), one of the four biggest Australian banks, has created a stablecoin called AUDN
Nifty News: 'Degen' season returns with feet NFTs, disappointing Game of Thrones NFTs and more
12.1.2023
Foot fetishists and crypto degens have taken interest in an NFT collection boasting 10,000 unique pixelated trotters with over $1 million in trading volume
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...