After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022. The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders. According to a June 30 update from the ASX, the exchange has officially delayed the rollout of Distributed Ledger…
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A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks. According to the 48-page report released on June…
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Australians can deposit money for a local Bitcoin exchange at the post office. Australians can now pay for Bitcoin (BTC) at the country’s post offices, thanks to a new collaboration. According to a June 24 announcement, customers of local cryptocurrency exchange Bitcoin.com.au will be able to pay for Bitcoin at more than 3,500 Australian Post…
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A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia. Australians filed 1,810 reports of cryptocurrency-related scams in 2019, collectively totaling more than $21.6 million AU ($14.9 million USD). According to a study by Scamwatch, an arm of the Australian Competition and Consumer Commission, younger Australians aged 25 to 34 were those…
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Ransomware gang REvil launched a second attack on an australian drink manufacturer. Another ransomware attack has hit the Australia-based drinks manufacturer, Lion. This is the second attack on the company in less than one week. The cybercriminals behind the attack are threatening to double the ransom amount if Lion does not pay by the specified…
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The ODL index for XRP/AUD exceeded the previous all-time high value of $15,640,530 despite the price of XRP staying relatively flat. On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets. According to a recent tweet from the Liquidity Index Bot, the…
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Sydney police have arrested an Australian woman for allegedly running a crime syndicate using Bitcoin to launder $3.23 million since 2017. An Australian woman was arrested by police at a Sydney shopping centre on May 1, after allegedly selling Bitcoin (BTC) for 60,000 Australian dollars ($38,800) in cash. According to a report from Daily Mail…
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IBM’s head of blockchain in Australia and New Zealand has shared the firm’s outlook for the integration of DLT into supply chain systems. In an interview with Cointelegraph, Rupert Colchester, the head of blockchain at IBM Australia and New Zealand, discussed how distributed ledger technology is transforming supply chain systems worldwide. Colchester also provided insight…
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To gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs,…
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Many Bitcoiners believe ‘unlimited money printing’ will cause hyperinflation and boost BTC’s price — but experts believe deflation could be on the way. Many Bitcoiners believe that ‘unlimited money printing’ will cause hyperinflation and a major BTC price spike this year — but experts in the U.S. and Australia predict deflation is more likely to…
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