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“Staff reveal nightmare working for collapsed building firm owing” A former employee at a collapsed construction firm claims she hasn’t been paid superannuation for months, while a teenage administration trainee was left to manage building projects as massive staff turnover gutted the company. At the beginning of this month, news.com.au reported that residential builder Tozer Construction…
” Australian firm raises $28M to expand Bitcoin mining capabilities “ The turbulent climate of the crypto industry is not putting a full stop to builders in the space. Arkon Energy, an Australian renewable data center infrastructure company, recently raised millions to expand its Bitcoin (BTC) mining operations and acquired another European-based data center. The…
” Aussie stock exchange abandons blockchain plans, leaving $170M hole “ The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled. In a Nov. 17 statement, ASX announced it had paused all current activities of its “CHESS replacement…
” FTX Australia’s license suspended as 30K Aussies left in the lurch “ Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get their funds back from FTX. The announcement was made by the Australian Securities and Investments…
” Rivals steadfast even as two Aussie crypto ETF providers bail “ Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter, though some remain bullish about the market’s prospects. In the last week, Australian crypto ETF providers including Holon Investments…
“Melbourne CCTV captures dognapping on Bourke Street” CCTV footage has captured the moment a brazen thief stole a pet dog outside a Docklands restaurant before scampering out of sight with the beloved animal. A police probe has been launched after five-year-old Shih tzu Angel was taken from Bourke Street around 8:30 p.m. on Saturday. The…
” ASIC’s Longo pledges action against certain ‘high-risk’ crypto products “ Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products. Joe Longo, chair of the Australian Securities and Investment Commission (ASIC) in an opening speech at the ASIC annual forum on Nov….
” Programmer spends 69 nights in ‘Bitcoin Cash City’ using only BCH: Here’s how it went “ When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay for everything he could using Bitcoin Cash (BCH). The coastal city of Townsville…
” Three crypto ETFs to be delisted in Australia as crypto winter continues “ The companies behind the Cosmos Purpose Ethereum Access ETF, Cosmos Purpose Bitcoin Access ETF, and Cosmos Global Digital Miners Access ETF filed a request to revoke their quotations on Cboe Australia, according to letters disclosed on Nov. 2. The decision to…
” Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey “ Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab. Asking participants what they would like to see added…