Largest Australian bitcoin exchange BTC Markets appoints new CEO

2020-1-29 12:54

BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC).

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Reserve Bank of Australia faults Bitcoin over miner’s fee and transaction costs

Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market.

2019-6-21 18:15


Bitcoin is a poor store of value compared to Australian dollars, claims Reserve Bank of Australia

As cryptocurrency makes a sheepish entry into the mainstream, every individual, industry, and nation is finally forced to choose sides between the status quo and the disruption. Numerous entities have also put forth their interests in the ecosystem through various gestures including partnerships, payment acceptance and trademark registrations.

2019-6-21 13:15


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Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency

Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade cryptocurrencies, futures, and place sports bets, the Canberra Times reports.

2019-5-14 12:36


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Australian Bank ANZ Still Doesn’t Understand Blockchain Technology

The Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain. ’  According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto.

2019-3-25 04:00


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An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.

2018-7-31 23:13


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Australian Bank Completes Blockchain-Based Logistics Trial to Send Almond Shipment to Germany

The Commonwealth Bank (CBA) announced on July 30, 2018, the successful completion of a test shipment utilizing blockchain technology to track the end-to-end supply of an almond crate. Almonds Meet Blockchain As stated in an official post, CBA sent over 37,000 pounds of almonds to Germany from an Australian port while tracking the entire process using a mobile application.

2018-7-31 23:00