World’s Biggest Bitcoin Cash Conference Kicks Off in Australia – What to Expect

World’s Biggest Bitcoin Cash Conference Kicks Off in Australia - What to ExpectArguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a […]

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Study Finds “No Evidence” of USDT Price Manipulation

Study Finds “No Evidence” of USDT Price ManipulationA study examining the widely suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT grants do not have a “statistically significant” effect on price fluctuations. Despite refuting the correlation between price fluctuations and Tether grants, the study notes a […]

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Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto Startup

Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in Crypto StartupQueensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto.  Also read: Bitcoiners Hope to […]

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Australian Bank Bans Use of Mortgage Funds for Crypto Speculation

Australian Bank Bans Use of Mortgaged Funds for Crypto SpeculationOne of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on […]

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Central Queensland Beach Town Supports Payments in Five Different Cryptocurrencies

TheMerkle Queensland Beach Town CryptocurrencyFinding more use cases for Bitcoin and other cryptocurrencies is anything but straightforward. Thankfully, some entrepreneurs are looking to make good things happen in this regard. Various businesses in Agnes Water and the Town of 1770 in Queensland, Australia now accept various cryptocurrencies as a payment method. As such, the region has become the first self-professed cryptocurrency-friendly tourist area. Bitcoin Gains Traction in Australia It is always interesting to see how consumers and entrepreneurs approach Bitcoin and other major cryptocurrencies. Given the volatile nature of all of these assets, it is understandable that companies are a bit hesitant to embrace

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Coastal Town Claims to be First “Digital Currency-Friendly” in Australia

Coastal Town Claims to be First "Digital Currency-Friendly" in AustraliaAgnes Water, a beach town situated five hours north of Brisbane International Airport, has proclaimed itself to be the first “digital currency-friendly” tourist town in Australia. Over 30 businesses now accept cryptocurrency as a form of payment in Agnes Water – despite being home to just over two thousand residents. Also Read: Markets Update: Digital Currency […]

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Two Australian State Politicians Reveal Bitcoin Holdings

Two Australian State Politicians Reveal Bitcoin HoldingsTwo sitting ministers from the legislature of the Australian state of Queensland have revealed that they privately own bitcoin. The declarations have been made for the state’s register of members’ interests – which lists information including the properties, trusts, and union memberships of Queensland’s politicians. Also Read: Tennessee Passes Bill Recognizing Smart Contracts and Blockchain Transactions […]

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