Australia

Australian exchange Swyyftx axes 40% of workforce due to FTX fallout
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9 December, 2022

Australian exchange Swyyftx axes 40% of workforce due to FTX fallout

Swyftx, which has over 600,000 users, laid off 90 staff members in a restructuring process the founders say is geared...
Australia: Scammers luring digital asset owners with fake paper wallets
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4 December, 2022

Australia: Scammers luring digital asset owners with fake paper wallets

The paper wallets show they have up to $10,000 in digital assets, but require the “lucky recipient” to first send...
Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services
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26 November, 2022

Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services

The regulator disclosed that Block Earner, a firm backed by Coinbase and Aave, also operates an unregistered managed investment scheme...
Australian Securities Exchange scraps blockchain settlement over excessive complexity, loses $168M
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22 November, 2022

Australian Securities Exchange scraps blockchain settlement over excessive complexity, loses $168M

A report by Accenture identified several problems with the process, including the need for clearer communication by tech partner Digital...
The challenges of bringing the world on-chain at the ‘Blockchain in Business’ event
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18 November, 2022

The challenges of bringing the world on-chain at the ‘Blockchain in Business’ event

The Blockchain in Business event in Australia showcased the scalability and power of the BSV blockchain in transforming businesses and...
How to spot a ‘crypto’ scam? Australia regulator lists 10 telltale signs
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10 November, 2022

How to spot a ‘crypto’ scam? Australia regulator lists 10 telltale signs

ASIC warns that the appearance of strange tokens in citizens' digital wallets, and the promise of guaranteed returns, are some...