Category: Australia
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Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill
A proposed bill in the Australia parliament is stifling the citizens’ right to privacy. The bill calls for a software “backdoor” to encrypted data for government authorities to access on demand. If passed, decentralized applications–which pride on their privacy features–stand to bear the brunt. As blockchain technology and cryptocurrencies gain prominence, a major issue most…
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Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data
Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of…
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Fraudsters Steal $50,000 in BTC from Melbourne Bitcoin ATM
Fraudsters posing as debt collectors convinced four victims to deposit over $50,000 into a Bitcoin ATM in Australia’s southern county of Victoria, reported Sydney Morning Herald on Oct.5. Police authorities stated that all victims were migrants and were bullied into paying up a hefty amount into the ATM, with the attackers warning of severe legal…
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Startup Raises $2.5M From Binance to Help Australia’s Airports to Accept Crypto
Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like…
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The Daily: Around the World on 1 BTC and the Plausibly Deniable Brainwallet
In today’s edition of The Daily, we’re focusing on human interest stories. Tales involving people rather than products, as a reminder of the many ways in which cryptocurrency affects people’s lives, transforming them for the better. From Australia to China, Thursday’s roundup is as borderless as bitcoin itself. Also read: Developer Paul Sztorc Launches the First…
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[ANN] Newest CryptoSlate Places: Australia, London and New York City
We are thrilled to introduce the three newest additions to CryptoSlate Places: Australia, London, and New York City. In parallel with the flourishing blockchain sector, CryptoSlate Places, intends to assemble and manage information from global blockchain hubs. By unifying localized news, events, company listings, and projects, we are steadily creating a comprehensive directory of the vast…
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A Deeper Look at Sigma Prime’s Lighthouse: An Open-Source Ethereum 2.0 Client
The world of blockchain innovation is a tide pool of information that has left many cryptocurrency skeptics in the dark, but for decentralized security, a light is coming. Lighthouse: an open-source Ethereum 2.0 client, written in Rusthttps://t.co/qA4wQuHuRh — Vitalik Non-giver of Ether (@VitalikButerin) September 18, 2018 https://platform.twitter.com/widgets.js Written in Rust Introduced as a new Ethereum…
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North Queensland is Becoming a Hub of BCH Accepting Businesses
The northern part of the Australian state, Queensland, is bustling with cryptocurrency energ. The region is extremely passionate towards one specific decentralized peer-to-peer electronic currency — bitcoin cash (BCH). Also Read: Netherlands’ Largest Bank ING Group Fined $900M for Money Laundering North Queensland Bitcoin Cash Merchant Adoption Expanded 52% Last Month Over the last few months,…
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Exchanges Round-Up: Aus Regulators Doubt Coinjar Volume, Paysend Partners With Bitstamp
In recent news pertaining to cryptocurrency exchanges, Australia’s financial regulators have expressed skepticism regarding Coinjar’s purported trade volume, Paysend has partnered with Bitstamp to facilitate cryptocurrency purchases through its Global Account, and Seed Cx has announced a $15 million USD Series B funding round. Also Read: A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and…
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BCH Roundup: Rock Festivals, Long Form Blogging, and Prescription Drugs
The past seven days has been another interesting week for Bitcoin Cash (BCH) proponents. After wrapping up a successful Stress Test Day with a record 2.2 million transactions confirmed in 24-hours there’s been a lot more happening within the BCH ecosystem. Also read: Bitcoin Cash Hard Fork Debate Reconvenes After the Stress Test Bitcoin Cash (BCH)…