Beyond the NFT hype: Why NFT technology is flawed and buyers must beware
What does it mean to own an NFT, and why are some NFTs vanishing? Alexander Hobbs of Zenotta explains the weaknesses in NFTs’ underlying technology.
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Bitmain rallies crypto miners to ponder options as industry eyes China exit
Chinese crypto mining rig maker Bitmain is reportedly set to meet with miners and industry participants next week to discuss relocating mining operations overseas.
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Australian serviced office firm to accept rent in crypto
Australian serviced office firm Business Hub will accept cryptocurrency as payment for rent on serviced office space and other business services as of July 1.
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Australian crypto exchange Bitunivex plans to go green
Australian crypto exchange Bitunivex.com has announced plans to offset its carbon footprint by investing in green crypto initiatives.
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Beijing looks to boost blockchain, create industry champions
China has released guidelines aimed at boosting the country’s blockchain development.
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Four in 10 Australian millennials would buy crypto over real estate
Nearly 40% of Australians born between the early 1980s and mid-1990s would rather invest in cryptocurrencies than real estate, according to a nesurvey.
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XRP sees robust institutional inflows; Ethereum ‘altcoin of choice,’ report says
XRP last week saw inflows of US$7 million into investment products, the most since April, according to CoinShares.
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Australia’s first Bitcoin capital growth fund gaining interest
Australia’s first capital growth fund to offer institutional exposure to BTC has announced its received inquiries from some of the country’s largest companies.
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Australian Tax Office issues reminder of cryptocurrency tax obligations
ATO will contact 400,000 Australian crypto holders over concerns that they may not be fully aware of their crypto tax obligations. Tax cheats beware!
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Privacy coin Monero surges as US and Australia target crypto gains
Privacy-centric coins like Monero, ZCash and Dash are seeing big price rises as the IRS and ATO issue warnings on taxable crypto transactions.