Australia’s financial markets watchdog has warned of evolving tactics used by fraudsters leveraging artificial intelligence to deceive and steal cryptocurrencies from unsuspecting victims. In a statement released on August 19, the Australian Securities and Investments Commission (ASIC) disclosed that since July 2023, it has taken down over 5,530 fake investment ...
The Australian Federal Police (AFP) has initiated an investigation into a large-scale cryptocurrency phishing operation that has compromised over 2,000 Australian-owned digital wallets. This action follows the revelations of Operation Spincaster, a probe conducted by blockchain analysis firm Chainalysis, which exposed widespread "approval phishing" attacks on cryptocurrency holders in six ...
National Australia Bank, one of the four largest banks in Australia, has made a significant investment in Zodia Custody, a digital asset custodian focusing primarily on institutional clients. The company announced today, June 19, 2024, that NAB Ventures, the Australian Bank's venture capital arm, made a "substantial" investment but did ...
Australians can no longer use credit cards and digital currencies for online betting as part of the government's effort to prevent people from gambling with money they don't have. On June 11, The Canberra Times reported that the Australian government had banned the use of digital currencies and credit cards ...
Australia's primary stock exchange, the Australian Securities Exchange (ASX), could approve several spot Bitcoin exchange-traded funds (ETFs) by year-end, according to a report from Bloomberg. Following in the footsteps of fund issuers in the United States and Hong Kong, Bitcoin ETF applications from VanEck Australia and local ETF-focused fund manager ...
Australian prosecutors have dropped charges against Meta, Facebook’s parent company, in the ongoing lawsuit against the company brought by billionaire Andrew Forrest over fraudulent crypto ads circulating on the social media platform. According to a report from Reuters, a spokesperson from the Commonwealth Director of Public Prosecutions said the department ...
Australian investment company Monochrome has applied to list its pioneering spot Bitcoin exchange-traded fund (ETF) on Cboe Australia, transferring it from the Australian Securities Exchange (ASX). In an announcement published on April 5 on its website, the asset manager stated this was a strategic move to capitalize on the growing ...
An Australian police officer has been indicted and is currently undergoing court proceedings for stealing cryptocurrencies linked to a drug trafficking investigation, per local media reports. The accused cop, William Wheatley, allegedly stole 81.616 BTC from a crypto wallet identified during a joint investigation by the Australian law enforcement authorities ...
As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective countries, the Reserve Bank of Australia (RBA) has declared that the nation is not yet prepared to issue its own CBDC. According to the RBA, Australia is "years away" from ...
Faryar Shirzad, Coinbase's Chief Policy Officer, has made a compelling case for Australia to expedite the implementation of detailed cryptocurrency regulations in order to keep pace with the rapidly evolving global market. Appreciated the chance to participate in this inquiry on behalf of @coinbase. @ajamesbragg and his Senate colleagues, along ...
