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Craig Wright Ordered to Personally Appear at Bitcoin Theft Mediation

Craig Wright has been ordered to appear personally at mediation to address allegations that he stole 1.1 million bitcoin (BTC) from Dave Kleiman, court documents filed on June 10 show. The Australian entrepreneur had requested permission to appear by videoconference, arguing that physically attending the courtroom would have caused him “unjustifiable hardship.” However, his motion …

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Binance DEX: Navigating Country-Specific Cryptocurrency Trading Restrictions

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX). However, as it turned out, the initial …

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Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office (ATO) may soon crack down on major tax avoidance schemes using cryptocurrencies. According to a report from The Sydney Morning Herald on Thursday, the ATO is working on 12 tax avoidance cases involving abuse of crypto assets. Notably, the agency’s deputy commissioner, Will Day, said at least one of the cases …

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In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day

<header class=”article__header”> </header> <strong>Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India are in the midst …

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There’s 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide

<header class=”article__header”> </header> <strong>Over the last few months, the geocaching treasure hunt Findbitcoin.cash has gathered a bunch of new hidden <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> treasures. At the time of publication, there are approximately 105 concealed bitcoin cash wallets hidden all over the world with a large portion of these funds hidden in the …

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Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid

<header class=”article__header”> </header> <strong>The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead of selling surplus solar energy, …

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Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines

The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30. The regulator detailed the prerequisites that a cryptocurrency business needs to follow in order to comply with both the Australian Corporations and ASIC Acts, but did not cover regulations enforced by other …

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Teen hacked Apple hoping the company would offer him a job

Sponsored Links Don Arnold/WireImage If you were a teen hoping to land a job at a tech giant, how would you go about it? Plan your education and hope you eventually land an internship? An Australian had another, less conventional method. The teen hacked Apple and pleaded guilty while admitting that he hoped this would …

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South Korean Gov’t Announces Second Study Group for Blockchain Regulations

The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21. The study is called the “Blockchain Regulation Improvement Study Group” and is part of an initiative run by the government’s science and tech arm to figure out how regulations …

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Zebpay Opens Crypto Exchange In Australia

Popular crypto exchange Zebpay has announced that it is going down under. The exchange announced in-country AUD support on Twitter today. It joins exchanges like Coinbase and CoinCorner in supporting the continent. Zebpay added Euro to their offering in December 2018 and has been quickly adding markets in 2019. The company was left in a …

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