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Australian Police Uncover Syndicate Involved in Crypto Laundering

News Australian law enforcement bodies have uncovered a criminal gang allegedly involved in laundering millions of stolen funds through untraceable assets, including cryptocurrencies. According to an announcement published on Sept. 17, the Australian Securities and Investments Commission (ASIC) an..

Queensland’s Real Estate Institute to Launch Blockchain Tenancy Platform

News The Real Estate Institute of Queensland (REIQ) teamed up with local tech startup Igloo to launch a blockchain-based tenancy agreement platform by the end of 2019. As news outlet ZDNet reported on Sept. 15, REIQ general manager Josh Callaghan stated that the new platform will use smart contrac..

Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT

News Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas. Energy monetization for outlying settlementsAccording to a blog post on Sept. 9, Power Ledger has launched pilots outside of a metropolitan area in We..

Nestlé Admits Blockchain Venture Has Been More Challenging Than Others

News Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. ..

Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year

News Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018. Local news channel 7News Sydney reported the latest about the case on Aug. 23. According to the report, Nguyen hacked into the email account of a man with the same last ..

The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer e..

7,000+ Sign Petition Against Drafted Cash Restrictions in Australia

News More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits. Earlier this week, Robert Barwick, director at the Citizens Electoral Council of Australia, initiated a peti..

Blockchain Energy Startup Power Ledger Extends P2P Power Trading Trial

News Energy-focused blockchain startup Power Ledger has extended its peer-to-peer (P2P) energy trading trial into its next phase in the Australian city of Fremantle. In a press release shared with Cointelegraph on Aug. 21, Power Ledger revealed the continuation of its p2p solar power trading trial..

Gemini Launches in Australia, Enables All Supported Coins Except GUSD

News The Winklevoss twins’ crypto exchange and custody Gemini is expanding to Australia, enabling residents of the country to use its platform to buy, sell and store crypto. Australian residents can now download the Gemini mobile app on iOS or Android to trade major cryptocurrencies, according to ..

Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment

News The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development. Commonwealth Bank’s ‘BioTokens’The bank announced in a press release published on its website on Aug..

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