National Australia Bank(NAB), a major financial institution, has made history by completing the world’s first intra-bank cross-border transaction using a NAB-issued stablecoin (ticker – AUDN) on a layer-one public blockchain Ethereum. The transaction was carried out on the public and…
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Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase
The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…
Regulating Crypto in Australia: Safeguarding Investors with a Multi-Stage Approach
The Australian government has recently announced its multi-stage approach to regulating crypto in a bid to protect consumers and investors from unsustainable business models associated with crypto assets. Here, we take a closer look at the government’s new regulatory framework…
Australia’s labor party will Open up a Blockchain Academy if they take Power
Perth will be home to an Australia a blockchain academy if labor goes on to win the general elections slated for May 8. This will be a first in the country and will definitely excite a lot of crypto enthusiasts…
Australian Authorities Freeze Assets Belonging to former Bit-connect Director, John Bigatton
The Australian securities and investments commission (ASIC), which is that country’s version of America’s Securities and Exchange Commission, has executed an asset freeze on Bitconnect’s John Bigatton. Bigatton who is a director and shareholder at Bitconnect has also been barred…
23 year old Woman Arrested for 65,000 Crypto Hack in Sydney Australia
Crypto crimes continue to rear their ugly head with a new incident reported in Sydney Australia where a 23-year-old young woman was apprehended for stealing $65,000 worth of crypto from a 56-year-old man. The lady as reported by the Brisbane…
Australia’s Top Bank in Conjunction with the World Bank to Issue Exclusive Block Chain Bond
Australia’s largest bank which is the Commonwealth Bank of Australia (CBA), has issued a public bond exclusively through blockchain technology in conjunction with the World Bank. According to Reuters the World Bank’s official mandate for this groundbreaking project was first…
Plans afoot to restart Australian coal power plant for powering blockchain company
An Australian tech company IOT Group plans to restart a coal-fired power plant in Australia, for supplying cheap electricity to blockchain companies. However, the plan to restart the Redbank Power Station has met with reservations from the industry-watchers. Redbank power…
Review of Australia’s Up-and-coming Blockchain Companies
On 2 February 2018, Business News Australia published a list of Australian blockchain companies to look out for. While many are unsure about bitcoin’s future, most are confident with the blockchain technology powering it. Here we run a quick credibility…
Australia’s First Blockchain Centre at NSW Hunter Valley
Author – Kate Yong, New Zealand Announcements By Hunter Energy And IOT Group Breaking news from down under comes through the announcement made by Hunter Energy and IOT Group. The former an energy supplier focused on energy transition in Australia…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
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…
