Australians lose $122m to crypto scams, with under-50s most affected

2024-8-28 09:48

Australians lost over $120 million to crypto investment fraud in just 12 months, with those under 50 increasingly becoming the primary targets. Crypto investment scams are surging across Australia, with younger individuals increasingly falling victim as fraudsters employ more sophisticated…

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crypto australians investment scams increasingly australia younger

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Источник: btcmanager.com

crypto australians → Результатов: 68

Crypto Adoption in Australia Grows Along With Concern Over Volatility

Around one in six Australians owns crypto, a report by Finder showed.

2021-7-3 16:42	Australia
crypto australians six owns showed finder one

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Most Australian Millennials Have Given Up on Pricy Real Estate Investment for Crypto

Young Australians now prefer digital asset investments to real estate investments or stacking cash in banks. At the same time, four million Australians plan to buy digital currencies in the next 12 months, third of who are millennials.

2021-6-9 12:28	Cryptocurrency News
australians estate digital investments real millennials million

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Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate

A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate.

2021-6-8 00:30
estate real cryptocurrency two-fifths millennials australian assets

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Elon Musk Invented Bitcoin, if You Ask Half of Australians Polled by Finder

Australians have been learning more and more about cryptocurrencies but it turns out some myths and misconceptions are still widespread among the general public Down Under. As a most stunning example, over half of the participants in a new poll by Finder believe Elon Musk invented the first crypto network, Bitcoin. Finder Tests Australians With […]

2021-5-20 10:00
australians finder half elon invented musk bitcoin

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VanEck and BetaShares apply for Aussie crypto ETFs as family offices snap up BTC

Numerous institutional crypto product applications have been lodged as Australians buy more Bitcoin.

2021-5-6 05:51
crypto institutional product numerous applications australians buy

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Survey: Almost one in five adult Australians own crypto in 2020

Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking.

2020-12-24 14:15	Adoption
2020 crypto improved overall australia perception adoption

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UK’s Revolut begins crypto trading services in Australia

Revolut, a British fintech firm, has started crypto trading services in Australia less than a month since it launched its money app in the country. Following the launch on September 3, Australians can now easily buy and sell cryptocurrencies using the Revolut app.

2020-9-4 12:55	Cryptocurrency
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Revolut Finally Gives Green-Light to Crypto Traders from Australia

Coinspeaker Revolut Finally Gives Green-Light to Crypto Traders from AustraliaAfter a few years of operation, Revolut extended its services to residents in Australia in June 2020. Today, the company has announced that Australians can trade in cryptocurrency on the platform.

2020-9-3 17:22	XRP
revolut australia traders gives finally green-light crypto

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Revolut now offering crypto trading to Australians

Revolut, one of Europe’s largest brokerage firms has launched its cryptocurrency exchange in Australia,... The post Revolut now offering crypto trading to Australians appeared first on Coin Journal.

2020-9-3 13:13	Markets
revolut australians trading crypto offering australia coin

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Australian Watchdog Issues Warning on Fake Celebrity-Endorsed Crypto Ads

The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians.

2020-7-31 18:47	Bitcoin
crypto fake trading robots reports received numerous

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Aussies Can Now Purchase Bitcoin (BTC) At More than 3,500 Australia Post Offices

Australians can now purchase Bitcoin (BTC) at more than 3,500 national post offices, thanks to a partnership between crypto exchange Bitcoin. com. au and the Australia Post. Making Bitcoin More Accessible Crypto enthusiasts Down Under can buy Bitcoin at their local Australia Post, courtesy of an alliance between the local digital currency exchange Bitcoin.

2020-6-26 19:21	Cryptocurrency
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Less than 1% of Australians use crypto for payments says RBA

A new report published by the Australian central bank provides insight into consumer payment behavior. The survey has found that Australians increasingly prefer digital payment methods. Cryptocurrencies, however, make up less than one percent of payments in Australia.

2020-3-26 14:02	BNC insights
payments less payment australians prefer digital increasingly

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Aussie crypto traders targeted by the Australian Tax Authority

As Australia’s COVID-19 crisis worsens, the Australian tax authority is reportedly in the process of contacting over 350,000 Australians to remind them to declare their cryptocurrency earnings.

2020-3-25 16:05	BNC insights
australian tax authority australians 350 contacting earnings

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Central Bank Survey: 80% of Australians Are Aware of Crypto But Only 1% Are Actually Using

The Reserve Bank of Australia (RBA) states that Less than 1% of people in Australia have paid for goods using cryptocurrency, according to a study conducted yesterday. The findings were revealed in the triennial Consumer Payments Survey (CPS) released by the RBA.

2020-3-21 17:12	Announcements
australia rba using survey bank yesterday findings

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Australia: RBA Survey Finds Fewer Than 1% of Aussies Used Crypto for Payment in 2019

According to a recent report by the Reserve Bank of Australia (RBA), fewer than 1 percent of Australians paid for consumer goods with digital currencies. This, according to a report by Coindesk, March 20, 2020.

2020-3-21 08:00
according australia report rba fewer 2020 goods

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Less Than 1% of Australians Used Crypto to Pay for Services in 2019

Crypto is the third most familiar alternative type of payment in Australia, but less than 1% used it for payment in 2019, central bank says

2020-3-22 00:15	Australia
2019 less payment crypto used type australia

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80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia.

2020-3-20 13:00
study bank australians cryptocurrency goods consumer 2019

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Australian Tax Office to Warn Investors Over Crypto Misreporting

Up to 350,000 Australians will be contacted by regulators soon to remind them of their obligations when trading in digital assets like bitcoin.

2020-3-13 13:00
remind soon obligations regulators trading like bitcoin

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Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits

Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts.

2020-3-13 03:30
tax deductions property income investment declare various

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Bitcoin Fund Now Allows 300k Australians to Invest in BTC

Australia’s financial regulator has given its approval nod to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a watershed moment for the Australian crypto space with regulators previously keen on strict oversight of the industry.

2020-1-20 12:00
bitcoin fund australian moment marks crypto watershed

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Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches

With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year.

2019-12-19 01:45
laundering traditional financial found institutions actually breaching

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Australian crypto exchange CoinJar adds support for ERC20 tokens

Leading Australian digital currency company CoinJar announced today it will now support ERC-20 tokens with the launch of three new tokens on its exchange. Australians will now be able to easily buy, sell, send and receive three ERC-20 tokens on the CoinJar exchange: USD Coin (USDC), Basic Attention Token (BAT) and 0x Token (ZRX).

2019-11-4 15:51
tokens coinjar exchange australian support erc-20 token

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Aussie's Green-light for September 28th - TAGZ Exchange to Go Live

Australians are anxiously awaiting the first regulated crypto exchange platform services provider to release its Exchange Platform to the public. Since the initial Alpha release of the TAGZ Exchange platform the company has been delivering on its roadmap and exceeding investor expectations.

2019-9-18 17:01	Press releases
exchange platform tagz release aussie september green-light

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Australian crypto exchange CoinJar launches new mobile app

Australian crypto exchange CoinJar launches new mobile app - CryptoNinjas Australian digital currency exchange company CoinJar has just announced the launch of its new mobile app. The new mobile-first CoinJar platform makes cryptocurrencies such as bitcoin, ethereum, and litecoin easier than ever to be acquired by everyday Australians.

2019-9-12 02:12
new app coinjar australian exchange mobile launches

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Australian Consumer Authority (ACCC): “Australians Lose Nearly $15 Million USD Since Start of 2019”

Australians lose over half a billion AUD dollars in 2019 through financial scams with the crypto industry contributing close to $15 million in the past seven months. The Australian Competition and Consumer Commission (ACCC) announced the country was set to witness record losses in scams, with the figure expected to reach $532 million USD by […]

2019-8-14 16:40	cryptojacking
million 2019 consumer usd scams australian accc

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Aussie Crypto Scam Nets Nearly AUD $3M from Unsuspecting Investors

Over 100 Australians are estimated to have lost nearly AUD $3 million to a cryptocurrency investment scam based in Gold Coast, Queensland. According to a statement released by Queensland Police, the dozens of Australians, most of whom are senior citizens, lost approximately AUD $2.

2019-8-9 20:00	Bitcoin
aud scam lost nearly million australians queensland

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Australian Government Publishes Update on Cryptocurrency and ICO Rules

The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).

2019-6-1 19:04	Regulation
australian crypto assets financial laws asic need

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Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders

Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a data-matching program, in an attempt to hunt down evaders.

2019-5-3 18:00	Taxes
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Australia Chases Crypto Investors for Every Tax Dollar Owed in Shakedown

By CCN. com: It will now be harder for Australians to under-declare or over-declare the taxes they owe on their crypto holdings or transactions. This follows an announcement by the Australian Taxation Office (ATO) that it will collect bulk records from cryptocurrency businesses in the country.

2019-4-30 12:37	tax
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018

The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.

2019-4-30 20:07	#scams
scams million report crypto victims reported australia

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Binance Opens Cash-to-Bitcoin Service with 1,300 Newsagents in Australia

One of the biggest crypto exchange will now allow Australians to buy bitcoin directly from their local shop with 1,300 newsagents taking part. “Australia has been at the forefront of... The post Binance Opens Cash-to-Bitcoin Service with 1,300 Newsagents in Australia appeared first on Trustnodes.

2019-3-19 15:59	News
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Australians Can Use Crypto Debit Card at 30,000 ATMs and Up to 1 Million Payment Terminals

A new crypto debit card is making waves in Australia. Accepted at ATMs and payment terminals nationwide, it’s “attracted users aged between 18 and 80” #SPONSORED

2018-12-20 16:39	Digital assets
atms card payment terminals debit crypto nationwide

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Crypto Lending Services Coming to Australian Markets

Despite the ongoing bear market of 2018 crypto startups are still entering the market with new and innovative products. Australians are about to get their first taste of crypto lending services as a new company launched into the markets this week.

2018-12-5 16:00
crypto lending markets services australian market new

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Number of Australians Holding Cryptocurrency Doubles, New Survey Finds

A new August survey says the number of Australians currently holding virtual currency has nearly tripled since a similar study was carried out in January. Nations like Malta and Switzerland often dominate headlines when it comes to cryptocurrencies.

2018-9-11 01:00
number survey new australians holding queensland virtual

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Crypto Market Plunges $55 Billion, Number of Australians Holding Crypto Triples since January

The number of Australians holding cryptocurrency has nearly tripled since January 2018, despite the market suffering from heavy crashes and dipping almost $55 billion at the beginning of September, news.

2018-9-9 02:00	News
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Australians Can Now Pay Their Bills Using Cryptocurrency

Many within the crypto community have been longing for the day that cryptocurrencies can be used to pay for virtually anything. That dream may be moving closer to reality, at least for Australians, who will soon be able to pay their bills using cryptocurrencies.

2018-8-28 23:19	Cryptocurrency
pay cryptocurrency australians using bills cryptocurrencies soon

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Australians Pay Household Bills With Crypto

Australians can now pay their household bills with bitcoin, after Cointree and Gobbill joined forces to create a cryptocurrency payment platform. This simple co-operation between an online cryptocurrency exchange and billing platform will make life simpler for thousands of Australians.

2018-8-25 21:32
australians cryptocurrency pay crypto bills household platform

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Australian Bills Can Soon Be Paid With 50-100 Cryptocurrencies

A partnership between a bill payment company and a crypto exchange will allow Australians to pay their bills with between 50 and 100 cryptocurrencies. Customers can use any coins in their Cointree accounts to pay their bills regardless of whether the billers accept cryptocurrency.

2018-8-22 04:05	XRP
bills cryptocurrencies australian crypto paid between 50-100

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Australian Fintech Startups to Let Locals Pay Bills with Crypto

Australians will be able to settle their bills with digital currencies thanks to a partnership between crypto marketplace Cointree and billing platform Gobbill.

2018-8-21 17:01	News
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New Partnership Allows Australians to Pay Bills in Cryptocurrency

Holders of cryptocurrencies in Australia will now be able to pay their bills in cryptocurrencies, thanks to a new partnership between cryptocurrency exchange, Cointree, and automated billing platform, Gobill.

2018-8-21 16:00
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Australians Can Pay Utility Bills With Bitcoin (BTC)

Bitcoin (BTC)–In terms of adoption for cryptocurrency, being able to pay for real world goods and services with the digital currency has long been viewed as the gold standard. The bear market of 2018 has led to a shift in focus away from the fundamentals of crypto and the usability of blockchain transactions in favor […] The post Australians Can Pay Utility Bills With Bitcoin (BTC) appeared first on Ethereum World News.

2018-8-21 01:48	Cryptocurrency News
btc bitcoin pay australians world bills utility

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Americans lost over $5.6b in crypto scams in 2023, FBI says

Crypto-related scams and fraud surged last year, with losses skyrocketing 45% in 2023 compared to the previous year, according to a new FBI report. As crypto gains popularity in the United States, it also brings a rise in crypto scams.…

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Crypto ATM sting in Germany leads to $28m seizure

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2024-8-28 09:48

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