The National Anti-Corruption Commission (NACC) of Australia made serious accusations against a federal police officer, William Wheatley. The officer stands accused of stealing 81.62 Bitcoin, valued at approximately $4.2 million, from a Trezor hardware wallet discovered during a drug raid…
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Australian Regulator’s Cryptocurrency Warning and Increased Vigilance
The Australian Securities and Investments Commission (ASIC) recently heightened its scrutiny of the cryptocurrency market, issuing fresh warnings regarding the risks associated with digital assets. The regulator’s chair, Joseph Longo, cautioned against investing in cryptocurrencies, labeling them as assets “created…
Australian Crypto Exchanges Embrace New Licensing Regime
The Australian Treasury’s recent announcement regarding the regulation of cryptocurrency exchanges has garnered significant praise from local crypto exchanges. With plans to integrate cryptocurrency exchanges within existing financial services licensing measures, the Treasury aims to provide regulatory clarity and introduce…
This $50 billion Australian bank is making a big bet on Tokenization
ANZ, a formidable financial institution boasting assets under management totaling a staggering $1.09 trillion, has taken a momentous stride toward bridging the two worlds of cryptocurrency and traditional finance. This colossal figure in the financial landscape, Australia and New Zealand…
A crypto Firm Sent a Disability Worker $10m by Mistake. Months later, She was Arrested at an Australian Airport
In March 2022, Manivel, a disability support worker, found herself at Melbourne airport with a one-way ticket to Malaysia and nearly $11,000 in cash. Her journey took a surprising turn, stemming from an accidental transfer of over $10 million into…
ANZ Bank of Australia Partners with Chainlink to Explore Blockchain Technology
Introduction In a groundbreaking move that marks a significant milestone in the world of blockchain technology, Australia’s ANZ Bank has forged a partnership with Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This collaboration paves the way for seamless fund transfers across both…
Fake license fiasco: Cryptocurrency lender Helio could face regulatory penalties in Australia.
Deceptive Claims Revealed: Fabrication of Helio’s Licence Discovered After ASIC’s inquiry discovered that Helio had been making false statements about having licenses that it didn’t indeed hold, the issue surrounding the firm erupted. This deception fueled worries about the lack of regulation and…
Tether’s CTO Makes New Claim, the Stablecoin Holds More US Bills Than Australia
The Tether USDT is one of the most controversial stablecoins in the crypto industry. They often receive allegations of depegging from many analysts. So, they reached a new milestone in their US Treasury bills holdings, according to Tether’s CTO. USDT…
Australian Parliament Introduces Bill to Regulate Crypto Sector
New legislation aims to establish a regulatory framework for the growing cryptocurrency industry in Australia The Australian Parliament has introduced a new bill aimed at regulating the rapidly growing cryptocurrency sector. The legislation is designed to establish a comprehensive regulatory…
Mastercard Collaborates with Australian Platform to Facilitate Stablecoin Transactions in Asia-Pacific Region
Mastercard Partners with Australian Platform Stables for Stablecoin Wallet and Card Integration. Global payment provider Mastercard has teamed up with the Australian stablecoin platform, Stables, to launch a digital wallet integration specifically for stablecoins. The collaboration aims to enable retail…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
