Investors turn to Bitcoin and gold after SVB collapse
After a rollercoaster weekend, Bitcoin has rallied by around 20% in the last four days in the wake of the Silicon Valley Bank collapse.
Treasury admits traditional financial regulation won’t work for all crypto
Treasury has released its public consultation paper regarding token mapping and cryptocurrency regulation. But it's also admitted that it's complicated.
Swyftx quietly announced the closure of its Earn product while everyone was on Christmas break
Australian cryptocurrency exchange, Swyftx, is closing its high-interest Earn product. It notified customers during the Christmas long weekend after ASIC began legal proceedings against similar products in the market.
The RBA is mulling the possibility of an official digital currency, but would it actually work?
The RBA has some interesting things to say about the possibility of how digital currency could work as an official, central bank-issued part of Australia's financial system.
FTX collapse renews urgent need for cryptocurrency exchange regulation
The FTX debacle has resulted in renewed calls to action for crypto regulation, particularly when it comes to cryptocurrency exchanges in Australia.
Telstra Ventures caught in FTX blowback after investing as part of US$350 million round
The Australian-born, San Francisco-based firm invested in FTX as part of its third fund, which closed in September.
Tech layoffs continue as Aussie Web3 unicorn Immutable cuts staff, just months after its $3.5 billion valuation
Australian Web3 outfit Immutable has confirmed a number of layoffs from its team, just four months after securing a $280 million funding round which brought its valuation to $3.5 billion.
Fresh SMS scam rules and telco penalties unveiled by Australian communication watchdog
Australia's telecommunications watchdog has registered new rules requiring telcos to identify, track, and block scam SMS attempts, days after warning consumers about a new tide of fake job offer scams being shared via text message.
Those who suffer most in the crypto crash won’t be the loud billionaires, it’ll be those who listened to them
Remember, the crypto boosters won't read your victory lap about the market crashing, but the people who unfortunately believed them will.
US cryptocurrency lender Celsius blocks withdrawals as Australia considers new digital asset safeguards
Collapsing cryptocurrency prices and liquidity concerns led US cryptocurrency lender Celsius to block user withdrawals on Monday.
Labor urged to carry out crypto regulation to protect the million Australians holding digital assets
In Australia, we are mid-way through a process of creating rules for crypto assets that will provide some certainty for this growing industry.
The ATO knows about your business using crypto. Be aware of your tax obligations
If your business is considering taking crypto as payment, it's best to get on top of your tax obligations early — unless you want to run afoul of the ATO.
