Cryptocurrency

The clean up of crypto assets is coming in Australia – and that’s a big win for consumers and innovators

- June 9, 2022 4 MIN READ

If you spend any time among the cryptocurrency community you’ll come across the mantra “HODL”. Originally a typo for “hold” on a Bitcoin forum, it has become all-purpose advice to anyone looking at the day’s price fluctuations and thinking of selling their assets. To HODL is to trust the process and keep your eyes on… Read more »

Politics

Labor’s new financial services minister says cryptocurrency exchange and BNPL regulations are coming

- June 8, 2022 2 MIN READ

The new federal financial services minister Stephen Jones says the Labor government will regulate cryptocurrency exchanges, as well as applying credit laws to the buy now, pay later (BNPL) sector. Speaking to the Guardian Australia,  Jones vowed to continue the roadmap drawn up by the previous government and former treasurer Josh Frydenberg, consulting with the… Read more »

Cryptocurrency

The story behind the day bitcoin made pizza the most expensive meal in the world

- May 20, 2022 2 MIN READ

Well before bitcoin’s coronation as an alternative asset class or getting the attention of institutional and celebrity investors, it lived in swamps and deserts. It was only an experiment between cypherpunks & cryptographers without any market value or any real world applications. On May 18, 2010 – after 14 months from Bitcoin genesis block –… Read more »

dogecoin, cryptocurrency
Cryptocurrency

ETFs for Bitcoin and Ethereum are hitting the Australian market after Anzac Day

- April 21, 2022 2 MIN READ

Exchange-traded funds provider ETF Securities is launching two funds in an Australian first, allowing people to invest in Bitcoin and Ethereum. The ETFS 21Shares Bitcoin ETF (Code: EBTC), and ETFS 21Shares Ethereum ETF (Code: EETH) will list on Cboe Australia (formerly Chi-X) next week. They will both track the price of the respective cryptocurrency in Australian… Read more »

Cryptocurrency

More than 1 million Australians own cryptocurrency – and they’re mostly blokes under 35

- April 13, 2022 2 MIN READ

More than 1.07 million Australians now own at least one cryptocurrency, according to new research from Roy Morgan That’s around 5% of the adult population. While Bitcoin and Ethereum are investor favourites, niche coins such as Ripple, Cardano, Dogecoin, Shiba Inu, Solana, Binance Coin, Litecoin, Cronos, Polygon and other are part of the mix, with… Read more »

Cryptocurrency

New research explains why psychopaths, narcissists, sadists and manipulators are attracted to cryptocurrency

- April 12, 2022 3 MIN READ

Since the invention of Bitcoin in 2009 the global cryptocurrency market has grown from nothing to a value of around US$2 trillion. From a price of US$1 in 2011, Bitcoin rose to an all-time high of more than US$63,000 in April 2021, and now hovers around the US$42,000 mark. Large fluctuations in cryptocurrency prices are… Read more »

Fintech

ANZ’s crypto stablecoin, minted for a billionaire and rich investors, is a reminder that de-banking remains a threat to smaller fintechs

- March 29, 2022 3 MIN READ

ANZ bank has minted its own stablecoin, A$DC, becoming the first Australian bank to create its own cryptocurrency with a value pegged to the Australian dollar. The ANZ stablecoin was created for the billionaire Smorgon family’s investment firm Victor Smorgon Group, which was issued with the 30 million A$DC in February. Unlike other popular stablecoins, A$DC… Read more »

Startup Daily TV

Startup Daily TV: Senator Andrew Bragg reveals review into cryptocurrency taxation in Australia

- March 21, 2022 2 MIN READ

The Australian government has released the Terms of Reference for a review into the taxation of digital transactions and assets such as cryptocurrency as part of its ongoing plan to embrace and regulate the digital assets sector.  Appearing on Startup Daily TV today, Senator Andrew Bragg, who led the Senate Select Committee on Australia as… Read more »

Funding

DeFi startup Minke raises $650,000 in pre-Seed capital

- March 21, 2022 2 MIN READ

Decentralised finance startup Minke has raised $650,000 in a pre-seed round to enter the fast-growing DeFi space. The startup is currently part of the Startmate summer cohort and was backed by angel investors Rayn Ong and Quentin Wallace, and ex-Outware Mobile founders Eytan Lenko and Danny Gorog. Co-founders Josh Reyes and Marcos Teixeira met as… Read more »