Grifters and scammers are trying to cash in on the Bondi Beach terrorist attack by launching speculative cryptocurrencies and fake fundraisers, even celebrating when the value of a coin using the likeness of the 10-year-old victim of the mass shooting spiked after launching. As is typically the case around any major news event, opportunistic people… Read more »
Ahead of the TechStars Sydney ‘Demo the Future’ on December 8, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Our next profile is Crystal aOS – setting up the future for crypto compliance. Crystal aOS Founder: Joni Pirovich One-liner: Crystal aOS is the governance, risk and compliance management system… Read more »
Home Affairs Minister Tony Burke on Thursday will outline new powers to combat money laundering, terrorism financing and crime risks associated with cryptocurrency and Crypto ATMs. AUSTRAC, Australia’s anti-money laundering and counter-terrorism financing regulator, estimates 85% of the transactions sent by the top users of Crypto ATMs comes from the proceeds of scams or money-mule… Read more »
The Australian Securities & Investments Commission (ASIC) will get one more crack at cryptocurrency fintech, Block Earner, in a long-running dispute over one of its investment products after the High Court granted the regular special leave to appeal a Full Federal Court decision it lost. It will be the fourth case in a two-year legal battle… Read more »
Cryptocurrency platform Block Earner has raised $8 million in a Series A amid its ongoing battle with the corporate regulator ASIC. The round was led by Hong Kong crypto investor CMCC Global’s Titan Fund, and supported by Sydney VC King River Capital at a $75 million valuation. The fintech previously raiseed a $7 million Seed… Read more »
The Full Federal Court has dismissed ASIC’s appeal in the Finder Earn case, upholding a 2024 ruling that the crypto yield product wasn’t a debenture under the Corporations Act. Finder welcomed the decision, calling for better regulator–startup collaboration as Australia grapples with crypto regulation.
Brisbane-based cryptocurrency exchange Swyftx is acquiring boutique digital assets brokerage Caleb & Brown in a deal that given them access to the wealthiest crypto investors in the US. The terms were not disclosed, although Swyftx hailed it as “the largest crypto acquisition in ANZ history ” in a media announcement, but Decrypt reports a source… Read more »
Cryptocurrency exchange Coinstash has raised $4.7 million in a Series A led by an undisclosed Brisbane family office. The eight-year-old digital assets fintech plans to use the cash for platform development, team expansion and user acquisition, with a plan to treble its current customer base. Coinstash CEO Ting Wang said the business has now raised… Read more »
Bitcoin is ubiquitous. It is impossible to open a social media stream or news source without encountering yet another mention of the topic. Many Australians have invested, hoping for a good return. But they may not have considered the tax consequences of their investments. So some might be in for an unexpected surprise. The tax… Read more »
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 »
Cryptocurrency exchange BTC Markets is on the hunt for a new CEO after Caroline Bowler she’ll step down in early August after five years in the role. The 12-year-old digital asset exchange, which is used by more than 362,000 Australians who’ve traded in excess of $28.2 billion, has engaged Tier One People’s Dexter Cousins to… Read more »
Corporate regulator the Australian Securities and Investment Commission (ASIC) is hoping it’s a case of third time lucky is its legal battle with cryptocurrency platform Block Earner, and will seek special leave from the High Court to appeal last month’s Full Federal Court decision to dismiss their case. ASIC is seeking a High Court’s ruling… Read more »
Comparison site Finder is closing down its crypto trading platform, Wallet Ventures, after four years, signing a deal with Swyftx to transfer users to the digital assets exchange. Wallet Ventures (formerly Finder Wallet) offered customers access to 18 cryptocurrencies through the Finder App. It launched in 2021 Finder notified customers on Wednesday, saying it will… Read more »
The battle between corporate regulator the Australian Securities and Investment Commission (ASIC) and Block Earner has swung in favour of the crypto platform after the Federal Court overturned a ruling that its Earner product was a financial product. The battle over the fixed-yield digital asset-related Earner has been running for the past two years after… Read more »
A B2B platform enabling financial advisers to securely access, trade, and manage digital assets on behalf of their clients has raised $2.3 Million in a pre-Series A. Digital currency exchange BetterX provides institutional-grade infrastructure for tokenisation, trading, and portfolio management, and the round was supported by existing backers Aura Group and Tibra cofounder Kinsey Cotton,… Read more »
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