Category: Australia

Kraken Acquires Australian Crypto Platform Bit Trade

Kraken Acquires Australian Crypto Platform Bit TradeThe global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia […]

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Binance Donates $1 Million in Crypto for Australian Bushfire Relief

Binance Donates $1 Million in Crypto for Australian Bushfire ReliefThe cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent bushfire season is considered to be the worst in living memory, […]

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Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud

Why Double Spends on BCH Are Not the Same as Replace-By-Fee FraudWhen it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating […]

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Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches

Australia Probes Big Four Bank Accused of 23 Million Money Laundering BreachesWith stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one of the country’s largest banks, is now under investigation for millions of purported violations of […]

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Bitcoin Cash Represents 93% of November’s Crypto Spending in Australia

Bitcoin Cash Represents 93% of November's Crypto Spending in AustraliaNews.Bitcoin.com recently reported on web portal Bitcoinbch.com’s in-depth report, which detailed BCH outshining BTC retail spending in Australia by a wide margin during the month of September. The next month, BCH captured 90% of October’s crypto spending in the country. Now the website has published its November report that discloses all the crypto-based expenditures at […]

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide MarginThe BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives […]

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Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

Slovenia Has the Most BCH-Accepting Physical Locations WorldwideBitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment processor Eligma has relentlessly spread crypto awareness throughout […]

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Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Global Law Enforcement Has Auctioned Massive Amounts of BitcoinLast month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations. For some reason, governments don’t want the digital assets used in crimes and entities […]

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Bitcoin Cash City Conference Success Wrap-Up

Bitcoin Cash City Conference Success Wrap-UpSo many firsts from the Bitcoin Cash City Conference – what a huge success and a proud feather in the cap of North Queensland. As the largest cryptocurrency conference ever held in Australia, Townsville situated in sunny North Queensland worked its magic, fielding a beautiful setting, turned on some perfect winter tropical weather, and went on to supply an unparalleled Bitcoin Cash experience harnessing the city’s extraordinary Bitcoin Cash merchant adoption from which the Bitcoin Cash City and conference rightly gets its name. Together with the premium ticket including a 30 min helicopter scenic tour of Magnetic Island, the event attracted the finest speaker lineup and an amazing group of sponsors.

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PR: Liven Announces Strategic Partnership with Bitcoin.com

PR: Liven Announces Strategic Partnership with Bitcoin.comLiven, the lifestyle rewards app that lets users spend and earn cryptocurrency rewards in over 1,000 restaurants across Australia, is introducing Bitcoin Cash into the LivenPay ecosystem. Meanwhile, Liven’s native token, LVN, gets listed on ZB.com after a successful completion of its oversubscribed ZB UP Launch.

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Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

Nature Abhors a Vacuum - Why Trump's Proposed Negative Rates Bode Well for BitcoinIn a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance […]

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Emergent Coding, Adoption Incentives and Practical Use – Bitcoin Cash City, Day 2

Emergent Coding, Adoption Incentives, and Practical Use - Bitcoin Cash City, Day 2The Bitcoin Cash City conference in North Queensland has just wrapped up, and participants are now unwinding after two consecutive days of presentations, product demos, free gifts, and plenty of food. Tomorrow, September 6, there will be a special workshop for developers, and then the conference proper will end and it’s on to next year’s […]

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5 Key Concepts from Day One at Bitcoin Cash City

5 Key Concepts from Day One at Bitcoin Cash CityWith day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation. The […]

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World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

World’s Biggest Bitcoin Cash Conference Kicks Off in Australia - What to ExpectArguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a […]

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The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The Push to Kill Paper Money - Australia's Proposed Ban Shows It's Not 'Conspiracy Theory'The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer examination, though, current realities like Australia’s proposed cash transaction […]

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BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress

BCH News Roundup: Transactions Spike, Cashaddr Support, and a Developer CongressThe last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses. Additionally, the New Hampshire-based Anypay payment processor is bolstering merchant adoption […]

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Owning Fiat Just Got More Expensive – NIRP Strikes Again

Owning Fiat Just Got More Expensive - NIRP Strikes AgainWith the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP […]

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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

When Cash Is Banned, Centralized Cryptos Are Not Going to Save YouAustralia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away […]

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Crypto Is Part of Free Speech, and Free Speech Is Everything

Crypto Is Part of Free Speech, and Free Speech Is EverythingOn July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a secure, third-party-inaccessible area where crime can rapidly proliferate. […]

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