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

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

A woman now known as the infamous “Cryptoqueen”, who is accused of defrauding investors of over $4 billion/USD worth of funds through the sale of a fake cryptocurrency, has now been placed on the FBI’s list of its 10 most-wanted fugitives.     She has now been missing for over 4 years, 8 months and...Continue Reading

U.S. Treasury secretary Janet Yellen has delivered her first major speech on the potential risks and benefits of the growing cryptocurrency and blockchain industry.   In doing so, she sternly argued that financial institutions and regulators should take the potential risks of cryptocurrencies very seriously when conveying them to consumers and the wider economy.  ...Continue Reading

Australia’s federal government is considering legislation to help Australia play a role in the emergence of Web 3.0, a new form of internet that underpins cryptocurrencies and digital assets.   Web 3.0 refers to the third iteration of the web, succeeding Web 1.0 of the 1990s, and the current version of the internet, Web 2.0....Continue Reading

BTC, Market Update & Recent News!   What happened in January?   In light of our recent Bitcoin market updates to our members, we thought it would be appropriate to provide a general overview of the market for the last month or so and any associated news!   January was a rollercoaster ride for cryptocurrency...Continue Reading

Intel set to release “ultra-low-voltage energy-efficient Bitcoin mining ASIC”   Leading tech giant Intel, one of the largest computer processor manufacturers, is set to release their new specialised “ultra-low-voltage energy-efficient Bitcoin mining ASIC” known as the “Bonanza Mine”.        Although Intel are yet to state anything publicly, Tom’s Hardware reporters noticed that they...Continue Reading

  Crypto.com becomes official cryptocurrency marketplace and exchange of men’s and women’s leagues The Australian Football League has landed a monumental five-year partnership with leading cryptocurrency marketplace and exchange, Crypto.com. Per the AFL’s website, “the new partnership will see Crypto.com become the Official Cryptocurrency Exchange and Official Cryptocurrency Trading Platform of AFL and AFLW”. The...Continue Reading

Bitcoin ATH and the ETF Influence: Unpacking BTC’s Record Surge Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition of Bitcoin ATH from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence…...Continue Reading