Crypto.com, has mistakenly transferred $10.5 million to a Melbourne woman, Thevamanogari Manivel, back in May of 2021, when they were simply trying to process a refund of $100.     The exchange is currently reeling from the expensive accident, revealing the mistake was only picked up 7 months later in an end-of-year audit, according to...Continue Reading

According to Cointelegraph, the Reserve Bank of Australia (RBA) is weighing in on the race of exploring the use cases of central bank digital currency (CBDCs) in the nation.     In doing so, it will collaborate with the Digital Finance Cooperative Research Centre (DFCRC) on a respective research project. The DFCRC is a $180...Continue Reading

On Monday the U.S. Treasury Department placed sanctions against the cryptocurrency mixing service Tornado Cash, citing its use by the North Korea-backed Lazarus Group in the high-profile hacks of Ethereum bridges to launder and cash out the ill-gotten money.     Tornado Cash is a so-called mixer, which blends streams of digital currency to mask...Continue Reading

Zipmex, a  cryptocurrency exchange that operates in Singapore, Thailand, Indonesia and Australia has paused withdrawals on its platform following a “combination of circumstances” beyond its control.   Per Cointelegraph, reports that Zipmex could be in trouble were dismissed as “rumours” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by...Continue Reading

The governor of Australia’s central bank, Phillip Lowe, has stated that a private solution could be “better” for cryptocurrencies and blockchain technology, as long as the risks in dealing with these sectors can be mitigated by strong and proper regulations, however the tech should be made by private companies.     At a recent congregation...Continue Reading

What is Voyager?   Voyager is a “fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 100 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on...Continue Reading

The Australian and New Zealand banking group back in late March of 2022 decided they would launch the first bank-issued stablecoin payment from Australia through a public permissionless blockchain transaction. The new stablecoin is pegged to the Australian dollar.     ANZ banking services lead Nigel Dobson stated “an ANZ-issued Australian dollar stablecoin is a...Continue Reading

A British Virgin Islands court has ordered major cryptocurrency hedge fund Three Arrows Capital (3AC) to liquidate its assets as the serious market downturn in digital assets continues.   The liquidation has been ordered by a British Virgin Islands court, with Teneo Restructuring being brought in to deal with the liquidation process. Teneo is in...Continue Reading

A new report out of RMIT’s Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation and the Digital Ethnography Research Centre has said Decentralised Autonomous Organisations (DAOs), including a Docklands DAO, could pilot a new type of digital economic infrastructure, revitalising precincts in Melbourne’s CBD.   This would see local retail, residential and commercial...Continue Reading

At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain development. The event offered a platform...Continue Reading