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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…
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top…
Is your gaming PC capable of mining crypto? As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs…
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…
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin…
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…
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…
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…
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…
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug.…