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Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses. Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges. Assistant Treasurer Daniel Mulino told a crypto conference on Thursday local…
Australia has selected Gabrielle Brady’s Mongolian-language documentary The Wolves Always Come at Night as its submission for the best international feature category at the 2026 Academy Awards. Brady’s film will also run for consideration in the best documentary feature category. Blending documentary and fiction, the film tells the story of Mongolian herders Davaasuren Dagvasuren and…
Robotics companies often have to deal with a simple but confounding problem: Robots produce a lot of data. Even a simple robot can easily produce up to a terabyte of data per day, since they continuously capture data from cameras and sensors. Sydney, Australia-based Alloy thinks it can help with that issue: the startup is building data infrastructure for robotics companies to help them process…
Productivity software giant Atlassian is making its largest acquisition yet to add a developer productivity tool to its product suite. Atlassian announced Thursday it has agreed to acquire the developer productivity insight platform DX for $1 billion in cash and restricted stock. Enterprises use DX to analyze how productive their engineering teams are and identify bottlenecks slowing them down. DX was launched five years ago by Abi Noda…
With Anduril’s help, Australia has done what the U.S. Navy has struggled to accomplish: transition an extra-large undersea drone from white board to under contract in just three years. Anduril announced Tuesday that a fleet of its XL uncrewed undersea vehicle (XLUUV) “Ghost Shark” will begin operations in Australian waters next year under a massive…
Australia’s tax office reports self-managed retirement funds have 4% less crypto than last year, but one crypto executive says the number is likely “undercooked.” Crypto holdings reported in Australian Self-Managed Super Funds have dropped by approximately 4% year-on-year despite a crypto market rally, according to the Australian Taxation Office. The data, which has been adjusted…
ASIC Deputy Chair Sarah Court said the regulator has now beefed up its scam enforcement to include monitoring social media ads. Australia’s markets regulator is set to expand its crackdown on online scams after taking down 14,000 online scams since July 2023, with over 3,000 purporting to involve crypto. The online scams include investment scams,…
Aussie rules football is set to get the Drive to Survive treatment. Amazon Prime Video has ordered a docuseries that will go behind the scenes of the Australian Football League (AFL) from the U.K. sports documentary specialists at Box to Box, the production company behind Netflix’s cycling docuseries Tour de France: Unchained, golf docuseries Full…
Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions. The Australian island state of Tasmania has become the latest to join a country-wide crackdown on crypto ATM scammers. Tasmania Police Cyber Investigations said on Friday that it found the top 15 users of…
The trial is part of Project Acacia, an initiative from the RBA exploring how digital money and tokenization could support financial markets in Australia. Australia’s central bank said on Thursday it’s moving to its next stage in exploring digital currencies, launching a trial on how digital money and tokenization can support wholesale financial markets. The…