Author: Crypto News By Jody McDonald

November 23, 2022, 3:22 PM AEST – 2 months ago A new feature released by leading crypto price-tracking site CoinMarketCap reveals more data about crypto exchanges’ reserves — the assets that enable a company to cover potential withdrawals by customers. With the contagion of FTX’s highly damaging collapse continuing to spread, and Proof-of-Reserves being touted

November 11, 2022, 3:49 PM AEST – 2 months ago Sam Bankman-Fried, CEO of FTX, took to Twitter on Thursday 10 November to offer an apology to his customers following FTX’s breathtakingly fast collapse this week. SBF didn’t mince words in his apology, saying “I’m sorry. That’s the biggest thing. I fucked up, and should

October 28, 2022, 12:42 PM AEST (updated November 09, 2022) NFTs are set to become an even more prominent part of the Twittersphere, with Twitter sharing news today that it’s making it possible for NFT images and details to appear in tweets for the first time.    Twitter’s development team announced that tweeting links to

October 24, 2022, 1:44 PM AEST – 2 months ago The Hong Kong government has introduced a bill to allow retail investors to directly invest in digital assets, marking a stark departure from mainland China’s blanket ban on crypto.  The move was confirmed in a speech by Hong Kong’s Secretary for Financial Services and the

October 14, 2022, 1:56 PM AEST – 2 months ago A higher than expected CPI figure from the US Department of Labor released on October 13 saw Bitcoin’s (BTC) price immediately plummet, before recovering to sit up 1.5 percent. The inflation figure of 8.2 percent was higher than the 8.1 percent most market watchers had

Bitcoin (BTC) is far and away the most well known cryptocurrency, with over 90 percent of Australians having heard of the OG crypto, according to a 2022 survey by Australian cryptocurrency exchange Independent Reserve. The Independent Reserve Cryptocurrency Index (IRCI) is an annual cross-sectional survey of the attitudes of 2,000 Australians towards cryptocurrency and is

Australia’s financial markets watchdog is taking Aussie crypto platform Block Earner to court for allegedly providing unlicensed financial services and running an unregistered managed investment scheme.  ASIC has commenced civil penalty proceedings in the Federal Court against Block Earner alleging it provided unlicensed financial services in relation to its crypto-asset based products and that it

Binance, the world’s largest cryptocurrency exchange, has walked away from a deal to purchase cash-strapped rival FTX just one day after signing a non-binding letter of intent to acquire the stricken exchange. The about-face came after Binance conducted its initial due diligence of FTX’s financial position and business practices, which sparked significant concerns. Binance CEO