Aussie Crypto Startup Power Ledger Brings P2P Energy Trading to Largest US Market

Twitter Facebook LinkedIn News today sees notable blockchain project Power Ledger launching its peer-to-peer trading product for renewable energy. Power Ledger will launch with American PowerNet at their home base in Pennsylvania. Power Ledger Power Ledger is a blockchain-based solution for renewable and cost-effective energy. (Power Ledger also has their own cryptocurrency – POWR token.) […]

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Woman Steals $65,000 Worth Cryptocurrencies in Australia’s First Every Crypto Theft

A 23-year-old woman has been arrested by the Sydney police for stealing $65,000 worth cryptocurrencies from a 56-year-old man. Brisbane Times reported that the woman hacked the victim’s email account in January 2018. She used the two-step verification feature by changing the password and verifying it with her mobile number. She then sent 100,00 XRP […]

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No Point of a Central Bank Digital Currency in Australia: Assistant Governor

Australia is not likely to see a central bank digital currency (CBDC) any time soon as the country’s reserve bank is of the view that the existing system ‘works well’. Speaking at this year’s Swift International Banking Operations Seminar (SIBOS) currently underway in Sydney, the assistant governor of the Reserve Bank of Australia (RBA), Michelle […]

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ASX-Listed DigitalX Hit With Legal Action Over ICO Involvement

Shares in the publicly listed blockchain tech and consultancy firm DigitalX have slumped after it revealed it is facing a legal claim in an Australian court In an announcement to the Australian Securities Exchange (ASX) Friday, the firm says it has been served with an Originating Application and Statement of Claim in the Australia’s Federal […]

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Australian Startup to Enable Users Invest in Crypto with Spare Change

An Australian fintech startup based in Perth is giving users the opportunity to invest in crypto without going out of their way, using spare change from their electronic transactions to carry out micro-investments in crypto portfolios. Through its app, Bamboo says that it will improve access to investment opportunities and enhance user understanding of the […]

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Australia Will Develop a Nationwide Blockchain Platform

Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced the formation of a data consortium in partnership with IBM and law firm Herbert Smith Freehills for the purpose of building a groundbreaking large-scale, cross-industry smart contract platform for Australian businesses to collaborate and do business within. Australian National Blockchain The platform, which will be […]

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Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal Town

An Australian data center operator and its cryptocurrency subsidiary are developing what they describe as the country’s first “behind-the-grid data center” powered by renewable energy. Situated in the coal-mining town of Collie, some 200km south of Perth, the new facility is being developed by data center operator DC Two and subsidiary D Coin and will […]

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Australian Tech Entrepreneur Plans Crypto Bank Launch

Fred Schebesta, a 26-year old entrepreneur who co-founded comparison website Finder.com, wants to open a crypto bank in Australia. Schebesta believes that interest in cryptocurrency is growing and soon people will need an institution which can fulfill their crypto needs. Bitcoin is Not a Bubble In an interview with Australian news website News.com.au, Schebesta said that […]

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‘Big Four’ Giant PwC Director Quits, Joins Bitcoin Exchange as CEO in Australia

A director at ‘big four’ accounting giant PricewaterhouseCoopers (PWC)  in Australia has quit the firm to join crypto exchange bitcoin.com.au as its newest CEO. Ben Ingram left PwC Australia back in March, where he was responsible for digital strategy, accounting and consulting, as its director before taking over the exchange as its chief executive, Business […]

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Regulated Australian Cryptocurrency Exchange to Launch Ripple (XRP) Trading

Independent Reserve, Australia’s first regulated cryptocurrency exchange, will add support for Ripple’s token currency XRP this week. Sydney-based cryptocurrency exchange Independent Reserve is reportedly enabling support for Ripple (XRP), the world’s third-largest cryptocurrency by market cap after Bitcoin and Ethereum. With launch of trading on July 7, the exchange is offering trading to both retail […]

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