News & Analysis

Billionaire Twiggy Forrest calls Facebook ‘pernicious’ over crypto scam ads

- November 11, 2019 3 MIN READ

The mining billionaire’s photo has been used by scammers in social media ads for cyptocurrencies Forrest is one of several high-profile Australians the scammers falsely claim back crypto schemes that cost those who’ve believed the ads millions of dollars Facebook says its doing its best to combat the fake ads Forrest wants governments around the… Read more »

Profiles

Australian startup fast selling its Bitcoin mining hardware

- November 15, 2013 4 MIN READ

At the start of the month, Australian startup Payonix Technologies launched the sales of the first high-performance, easy-to-use Bitcoin mining hardware. The company’s in-house designed ONIX Series ASIC mining rigs have been pre-sold out – a strong indicator that cryptocurrency is well on its way to becoming mainstream.