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

The most anyone now wants to pay for the $4 million NFT of Jack Dorsey’s 1st tweet is $42,000

- April 19, 2022 2 MIN READ

The man who bought an NFT of Twitter co-founder and former CEO Jack Dorsey’s first ever tweet for nearly $4 million tried to auction it for $65 million – but the highest bid came in at less than $400. Sina Estavi, CEO of Malaysian blockchain company Bridge Oracle, famously jumped at the opportunity to buy a copy… 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 »

Bored Ape
Cryptocurrency

Visa is helping the arts and creator economy understand the potential of NFTs

- March 31, 2022 < 1 MIN READ

Credit card giant Visa has launched an immersive program to help arts sector creators tackle the potential of NFTs  The Visa Creator Program aims to help digital-first artists, musicians, fashion designers, and filmmakers build their business through non-fungible tokens (NFTs). The program will help arts-based entrepreneurs deepen their understanding of the technology and platforms underpinning NFT… Read more »

Andrew Bragg
Cryptocurrency

Senator Andrew Bragg calls for a single act for the Australian government to regulate crypto and blockchain

- March 21, 2022 7 MIN READ

It has been nearly a year since I last addressed Blockchain Australia Week. When I made that address, I  announced that the Select Committee which I Chaired – then called the Senate Select Committee on  Financial Technology and Regulatory Technology – would be extended under new Terms of Reference.  These Terms of Reference would focus… Read more »

Cryptocurrency

Online broker Stake joins crypto trading race

- March 14, 2022 2 MIN READ

Digital broker Stake is joining competitors such as Superhero and the Commonwealth Bank to offer cryptocurrency investing on its platform. The move to embrace crypto follows research commissioned by the platform last year that revealed crypto was second only to stocks in the portfolio for Australian investors under 40. Last November, CBA announced plans to… Read more »

bitcoin russia
Cryptocurrency

Russia and its oligarchs are using cryptocurrency to get around global financial sanctions

- March 4, 2022 3 MIN READ

Harsh economic sanctions were meant to punish Russia for its invasion of Ukraine, but there are already signs that Russia’s government and wealthy oligarchs may be using cryptocurrency to work around Western financial controls. Backed by tax havens around the world including Switzerland and Monaco, direct sanctions on Russian President Vladimir Putin and the wealthy oligarchs that support him have… Read more »

Senator Andrew Bragg
Cryptocurrency

Andrew Bragg: Why more cryptocurrency experts need to get a job in Treasury to drive reform

- March 3, 2022 7 MIN READ

It has been nearly a year since the Senate Select Committee decided that we needed to pivot to focus exclusively on the opportunities and challenges of digital assets.   Cryptocurrency and digital assets were evolving at such a pace, it demanded our urgent attention.  As a lawmaker, I was focused on a familiar problem: how to… Read more »

Cryptocurrency

The rapping economist arrested over a $7bn crypto hack wrote for Forbes on protecting yourself from cybercriminals

- February 10, 2022 2 MIN READ

A married couple has been arrested in the US for allegedly possessing and trying to launder 119,754 Bitcoin, today worth $7.4 billion, that were stolen in the 2016 breach of the Bitfinex exchange. The US Justice Department arrested husband-and-wife duo Ilya Lichtenstein, 34, and Heather Morgan, 31, this week for their alleged involvement in laundering… Read more »