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Tomorrow, First. News and intelligence for the agentic economy

Lens

Australia

  • Regulation

    Australia to revamp cryptocurrency rules after FTX collapse

    The country is one of the first to say it will act to set up regulations to prevent a collapse similar to FTX, which filed for bankruptcy protection and froze the assets of hundreds of thousands of investors.

    Lachlan Keller

  • Bitcoin News

    Aussie laundered stolen retirement funds via Hong Kong using crypto, diamonds

    A woman in Melbourne, Australia pleaded guilty on Wednesday to her role in stealing millions of dollars from superannuation (retirement) funds and stock portfolios before laundering the proceeds via Hong Kong through the purchase of cryptocurrency and diamonds, as reported by The Age newspaper. See related article: Australian superannuation and institutions await clarity to invest […]

    Lachlan Keller

  • Regulation

    Australia establishes federal crypto police unit

    The Australian Federal Police (AFP) have set up a crypto crime unit that will trace and seize illicit cryptocurrency linked to money laundering and other criminal activity, the Australian Financial Review (AFR) reported Monday. See related article: Ukraine National Police takes down crypto fraud cybercrime group Fast facts Launched in August, the unit will help […]

    Dylan Butts

  • Bitcoin News

    Crypto.com refunded user US$7 million instead of US$68 – took 7 months to realize

    Singapore-based cryptocurrency exchange Crypto.com in May 2021 transferred AU$10.4 million (US$7.15 million) to an Australian woman instead of an intended refund of AU$100 (US$68), and took seven months to recognize the mistake, the Herald Sun newspaper reported. See related article: Bitcoin sent by mistake, recipient will not be punished for keeping it: South Korea ruling […]

    Lachlan Keller

  • Regulation

    Binance Australia strengthens user protection: report

    Binance Australia is tightening its sign-up process for new users, as part of renewed efforts to protect users considered most vulnerable to scams and cyber attacks, according to a report by Binance Australia. See related article: Binance to suspend ETH deposits, withdrawals during “The Merge” Fast facts According to the report, the company’s research and […]

    Zoltan Vardai