Australia

Aussie Authority Criticizes ASIC’s Negligence in Alerting Public about $1.3b HypeVerse Scam

Noah RyptonJan 5, 20242 min read

Australia’s Minister Questions ASIC’s Failure to Issue Warning About $1.3B Crypto Scam Australia’s minister for financial services and assistant treasurer, Stephen Jones, plans to interrogate the…

Exposing Crypto Scam: Illusionary CEO Backed by Chuck Norris Causes $1.3B Loss

Newt BettecJan 4, 20243 min read

Investigation Reveals $1.3 Billion Loss in HyperVerse Crypto Scam An investigation conducted by The Guardian has uncovered shocking details about HyperVerse, a crypto project that allegedly…

Iris Energy Enhances Self-Mining Capabilities by Acquiring Bitmain T21 Miners

Noah RyptonDec 15, 20232 min read

Iris Energy Confirms Purchase of 8,380 T21 Miners from Bitmain Iris Energy Limited, an Australian computer application company, has officially announced its acquisition of 8,380 T21…

Decline in Cash Usage in Australia: Majority of Residents Now Identified as ‘Low Cash Users’

Benito CormiDec 15, 20232 min read

Australian Senior Citizens Still Relying on Cash Payments The governor of the Reserve Bank of Australia (RBA), Michele Bullock, has revealed that cash payments in Australia…

C1 Fund, Founded by Coinbase Alumni, Sets Sights on Australian Crypto Investment: Animoca Brands and Chainalysis in Spotlight

Owen PatterDec 11, 20232 min read

C1 Fund Seeks to Purchase Crypto Holdings at Discounted Rates C1 Fund, founded by former Coinbase professionals, is engaging with local venture firms in Australia to…

Report: $500M Crypto Fund Sets Sights on Animoca Brands and Chainalysis

Coinan PorterDec 11, 20232 min read

C1 Secondaries Fund Seeks to Invest in Crypto Firms C1 Secondaries Fund, a fund with $500 million in assets, is looking to make investments in crypto…

C1 Fund, Supported by Coinbase Investors, Explores Cryptocurrency Opportunities in Australia

Noah RyptonDec 11, 20232 min read

C1 Fund Expands Presence in Australia Crypto venture capital firm C1 Fund is looking to establish itself in Australia by pursuing new investment opportunities. The North…

Global Attention Shifts to AI Regulations as EU Nears Regulatory Agreement

Coinan PorterDec 7, 20233 min read

The Surge in Generative AI Development Spurs Global Regulation Efforts The rapid advancement of generative artificial intelligence (AI) has prompted governments worldwide to expedite their efforts…

Law Firm Criticizes Australia’s New Crypto Tax Guidance as Confusing and Worthless

Coinan PorterDec 1, 20233 min read

Australia’s New Cryptocurrency Taxation Guidelines Dismissed as “Toilet Paper” by Law Firm An Australian law firm has advised cryptocurrency investors and traders to ignore the country’s…

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