Australia to require crypto firms to hold financial services licenses
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges.
Related Posts
Novogratz: Bitcoin in a ‘Bit of Consolidation’ as Institutions Line Up
Bitcoin (BTC) price may have fallen below $10,000 again but that is no reason to doubt the 2019 bull market, industry investor Mike Novogratz has said.Novogratz: Bitcoin “has had a huge run”Speaking on Bloomberg TV on Aug. 29, the founder of merchant bank Galaxy Digital noted that regardless of this week’s sideways trading, Bitcoin was…
Crypto hacks surge to $2.1B in 2024, CeFi hit hardest — Cyvers
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation.
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
Crypto Hedge Funds Doubled Assets Under Management in 2019, PwC Report Says
Cryptocurrency hedge funds’ assets under management doubled in 2019, but the launch of new funds depends on Bitcoin prices. The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management in…
The Pros and Cons of Social Trading: Is It a Good Idea for New Investors?
Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next.Understanding how the industry works and where opportunities lie can take an exhaustive amount of effort — and it could…
Tron replaces Oracle provider with Chainlink
Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink’s data feeds.
Polkadot could introduce ‘common good’ parachains with DOT-based smart contracts
As Polkadot (DOT) gets ready to launch parachain auctions, a combined fundraising and market interest discovery mechanism, the team is realizing that some core features may be ill-suited for the auction mechanism.Polkadot parachains are somewhat analogous to the sharding proposal for Ethereum 2.0. Each parachain is a largely independent blockchain built for a particular purpose.…
Hive Trades for 20% Premium Over Steem on Bittrex Crypto Exchange
After successfully forking from the Steem blockchain, Hive (HIVE) secured a listing on Bittrex — where it is trading for a 20% premium over Steem (STEEM).In a blow to Justin Sun, the cryptocurrency market appears to have chosen which chain it believes to be more valuable after Hive forked off from Steem on March 20.HIVE…