An Australian cryptocurrency startup that partnered with some of the biggest names in sport has collapsed, leaving investors in the red and questions about its management. When Sportemon Go launched in June last year, it was promoted as the “Pokemon Go” of the sporting world. Founded by former Australian Football...
Swyftx exchange will begin offering interest-bearing yields on a wide range of cryptocurrency assets — the first Australian-operated crypto exchange to do so. Swyftx’s new product, called Earn, will offer Australian and New Zealand residents the ability to earn interest on 21 different digital assets, including large-cap cryptocurrencies such as...
Its late entry into the race blindsided local rivals Cosmos Asset Management and ETF Securities, both of which had expected to list Australia’s first crypto ETF on April 27 but were held up as powerful “prime brokers” come to terms with the nascent asset class. As of close of business...
Legal uncertainty around cryptocurrency, the fear of losing money and the tax complexities of owning crypto are among the top concerns for crypto and digital asset owners, according to a global survey from crypto exchange Gemini. Though cryptoassets have had a volatile history, especially over the last five years when their massive...
As more people and businesses shift towards digital assets, the cryptocurrency space is gaining more popularity. The increasing number of new crypto enthusiasts is skyrocketing daily. More people and brands move into the industry with different purposes. While some people stick to daily speculation of the token in their investments,...
Convenience store and gas station giant On The Run (OTR) will soon accept crypto payments at 170 outlets across South Australia and Victoria. The move will allow customers to pay for gas, snacks and even a Subway foot long in over 30 cryptocurrencies. OTR’s parent company the Peregrine Corporation, one...
FTX CEO Sam Bankman-Fried gave the opening keynote at this year‘s Blockchain Week, with the events of day one held at the headquarters of the Australian Securities Exchange (ASX). Addressing the event remotely from the Bahamas, Bankman-Fried used his keynote to announce the launch of FTX Australia, localizing one of...
Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called Prime Minister Scott Morrison, from the Liberal Party, is expected to fire the starters pistol for a Federal election this weekend. However,...
