Individuals working on projects in TheMakers.org makerspace will be able to harness the power of the Bitcoin blockchain.
Individuals across 20 countries were affected by this scam, but the U.K. and Australia were the two countries that were hit the hardest.
A share registrar is seeking to have the Australian Securities Exchange push back its planned blockchain launch by three years fearing unseen implications.
Australia has been the target of ‘sophisticated state-based cyber actor’ that targeted government, industrial and health systems using a cryptojacking exploit.
The amount of money Australians lost to digital currency scams in 2019 is roughly four times the amount lost in 2018.
Revolut began operating in Australia in 2019 under a special exemption granted by the Australian financial regulator ASIC.
Authorities in Australia have brought down an unlicensed digital currency operation, which has allegedly processed over US$3.2 million.
The new system, which was earmarked to go live in April 2021, has now been deferred to an unspecified later date.
350,000 Australian taxpayers have been served notices that they face audits over their digital currency activity.
A New South Wales court has allowed a cryptocurrency exchange account to be used as security for legal costs.
Perth Glory FC has pulled out of talks with the controversial London Football Exchange which had offered to buy an 80% share of the Australian football club.