AI/Machine Learning

The current AI frenzy sounds a lot like 2017’s blockchain promise, so what happens next when the hype cycle wanes?

- June 12, 2025 4 MIN READ

In recent years, artificial intelligence (AI) has taken centre stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption. It’s not just in your news feed every day – venture capital is pouring in, while CEOs are eager to declare their companies “AI-first”. But for those… Read more »

Mandy Jiang
Cryptocurrency

Blockchain fintech raises $14 million Series A, mostly in crypto

- June 11, 2025 < 1 MIN READ

A blockchain financial infrastructure startup has raised $14 million in a Series A, including $11m worth in Bitcoin and the stablecoin USDT. The raise for CloudTech will fund the rollout of an institutional-grade custody solution for digital assets, as well as expansion of a broader crypto-native financial ecosystem. The funding came from several undisclosed investors.… Read more »

Sanjeev Rao and Babak Rafat
Antler Australia

Antler Investor Memo Series: Blockchain payments gateway Syrax is rewriting the rules for merchants using crypto

- May 12, 2023 3 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick,  sharp understanding of the startups and people… Read more »

ASX
Business strategy

Why blockchain and distributed ledger tech was the right move for the ASX’s failed CHESS replacement plan

- January 23, 2023 2 MIN READ

Ignore the sceptics and naysayers. The ASX’s attempt to replace its ageing Clearing House Electronic Sub-Register System – better known as CHESS – was the right move, despite ending up where it did.  ASX spent vast sums of money attempting to replace CHESS with a complex mix of technologies, including a version of blockchain called… Read more »

bitcoin
People

Blockchain Australia’s new CEO, Laura Mercurio, has left after just 3 months

- December 14, 2022 2 MIN READ

Blockchain Australia’s new CEO, Laura Mercurio, has left the member organisation after just three months after taking on the role An experienced investment banker whose CV includes global investment banks, including BlackRock, Merrill Lynch, Deutsche Bank), fintech’s and various government and regulatory bodies, took over from Steve Vallas in mid September. Blockchain Australia is the… Read more »

bitcoin
Cryptocurrency

Blockchain fintech Ettle launches an AUD stablecoin for companies

- November 29, 2022 2 MIN READ

Australian blockchain fintech Ettle is hoping to introduce an Australian dollar stablecoin for business in 2023 in defiance of a jittery market following torrid year for the cryptocurrency space. The startup has just completed a pilot transaction between business clients on its stablecoin infrastructure platform using the digital Australian dollar token AUDE. Reserve funds are… Read more »

ASX
ASX

RBA and ASIC rip into the ASX after dumping its $250 million blockchain experiment

- November 22, 2022 3 MIN READ

The Australian Stock Exchange has pulled the pin on its much-vaunted blockchain project after seven years of work and at a loss of about $250 million. The ASX has been working with tech firm Digital Asset (DA) to develop a replacement for its Clearing House Electronic Subregister System (CHESS) based on distributed ledger technology since the… Read more »

Steve Vallas
People

Former Blockchain Australia boss Steve Vallas signs on as advisor to new impact startup ecosystem

- October 25, 2022 2 MIN READ

New innovation and investment firm, Skafold signed on former Blockchain Australia CEO Steve Vallas as its new senior technology advisor. The role is responsible for exploring and advising all Skafold activities related to blockchain, digital currencies, digital regulation and technology more broadly. Skafold’s diverse innovation and investment ecosystem works closely with innovators and entrepreneurs to… Read more »

Startup Daily TV

Startup Daily TV: FlyBuys boss John Merakovsky brings brand loyalty power to supply chain integrity startup Orijin Plus as its new chair

- August 26, 2022 3 MIN READ

Former FlyBuys CEO John Merakovsky is one of three tech heavyweights to join the food supply chain integrity and loyalty solution Orijin Plus.  Melbourne-based Merakovsky is the new chair of the Orijin Plus board, bringing a quarter century of digital technology and commercialisation experience to the team.  Most recently, he implemented a digital infrastructure overhaul… Read more »

bitcoin
Cryptocurrency

Telstra Ventures took a deep dive into blockchain and despite the crypto winter, is upbeat on web3

- August 5, 2022 3 MIN READ

Telstra’s VC arm, Telstra Ventures, has taken a deep dive into web3 and blockchain world amid the crypto crash that’s wiped $1.3 trillion in value from investors, with the market down 60% since January, to see who’s survived and thrived. The 12-page report, titled Blockchain Open-Source Developers Signal Strength of Web3 Community, shows that web3-developer… Read more »

Cryptocurrency

High-net worth investors in the Asia-Pacific aren’t that into cryptocurrencies

- July 29, 2022 2 MIN READ

Cryptocurrencies account for less than 1% of the investment portfolio of high-net worth (HNW) people in Asia-Pacific, despite considerable holdings in alternative assets.  New figures from data and analytics company GlobalData found that alt investments account for 12% of the average HNW APAC investor’s portfolio, but after interest in crypto peaked in 2020, they offloaded… Read more »