Coinbase, a US-based crypto exchange, revealed that institutional investors using its global platform outside the US can now access spot crypto trading. Continue Reading

Per CoinTelegraph, Australians are increasingly turning to cryptocurrency to bolster their retirement savings, with allocations from self-managed pension funds surging by 400% in four years, outpacing growth rates in stocks and bonds.Continue Reading

According to Chainalysis, an American blockchain analysis firm that aids its customers in blockchain analysis, cryptocurrency-related activity in both Ukraine and Russia has increased as a result of the deadly war between the two nations.      Due to interest rate hikes to curb increasing fiat inflation as well as numerous sanctions as a result...Continue Reading

The US dollar (USD) has strengthened significantly over the course of 2022 as the Federal Reserve hiked interest rates in an effort to quash hyperinflation. The U.S. Dollar Index, which measures the greenback against a basket of other currencies, is up nearly 18% so far this year.   As a result of these aggressive US...Continue Reading

Australia cryptocurrency entrepreneur, Fred Schebesta, has stated that whilst the token mapping by the Australian government is “wonderful”, he warns it could lead to some detrimental effects on the space and wider economy.    You can read about the government’s prioritising of this token mapping in our article here.    Fred is the co-founder of...Continue Reading

Ethereum 2.0, the second largest cryptocurrency by market capitalisation, has successfully finally moved to its proof-of-stake consensus mechanism.   In doing so it will reduce its energy consumption by a whopping 99.5% compared to its previous proof-of-work system.    Per TheVerge, the enormous pollution reduction comes from a change in how Ethereum users earn new...Continue Reading

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

Samsung, the South Korean multinational manufacturing conglomerate, have set their sights to create a cryptocurrency exchange and plan to set up a digital asset exchange in the first half of 2023.    It will be done through the tech giant’s investment firm, Samsung Securities.      According to reports out of South Korea’s local media,...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

The global Bitcoin mining industry had a sustainable electricity mix of 59.5% during Q2 of the year, or a marginal increase compared with Q1, according to the latest quarterly survey conducted by the Bitcoin Mining Council.   The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.   The...Continue Reading