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Beyond the Bubble: Gonka Protocol’s David Liberman on Decentralized AI, ASICs, and the Future of Compute

Gonka is a decentralized network for high-efficiency AI compute, designed to maximize the use of global GPU power for meaningful AI workloads. By eliminating centralized gatekeepers, Gonka provides builders and…

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Australia Clears a Path for Stablecoin Distribution—No Extra Licenses Required

Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute…

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Australia’s ASIC Sues Binance for Misclassifying 505 Retail Investors

Australia’s securities regulator is suing Binance’s local subsidiary for allegedly misclassifying 505 retail investors as wholesale clients. Retail Users Misclassified Australia’s securities regulator is suing Binance’s local subsidiary for allegedly…

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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s…

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Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for…

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Kraken Crypto Exchange Fined by Australian Court

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product…

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615 Crypto Scam Sites Dismantled by Australian Regulator

The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies…

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