Australia

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Binance Donates $1 Million in Crypto for Australian Bushfire Relief

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The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent bushfire season is considered to be the worst in living memory, … Read more

Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud

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When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating … Read more

Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches

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With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one of the country’s largest banks, is now under investigation for millions of purported violations of … Read more

Bitcoin Cash Represents 93% of November’s Crypto Spending in Australia

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News.Bitcoin.com recently reported on web portal Bitcoinbch.com’s in-depth report, which detailed BCH outshining BTC retail spending in Australia by a wide margin during the month of September. The next month, BCH captured 90% of October’s crypto spending in the country. Now the website has published its November report that discloses all the crypto-based expenditures at … Read more

Australian Police Seizes Over AU$1.5m in Cryptocurrencies From Drug-dealing Couple

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Criminals continue to use cryptocurrencies to mask them activities. Despite the lack of privacy and anonymity, it seems unlikely that this trend will come to an end soon. In Australia, two culprits were apprehended this week for selling various types of drugs. Two More Criminals Use Bitcoin and get Caught The Perth couple is suspected … Read more