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Power Ledger Strikes Deal to Roll Out Blockchain in South Australia

News Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control ..

Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

News The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.” During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists to avoid scrutiny. He sta..

Australian Stock Exchange Wants Oversight of Blockchain Trading System

News The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities. Reuters reported on Oct. 30 that stock exchange Chi-X Australia is concerned that a new blockcha..

Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain

News Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token. The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued..

Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger

News Australian tech firm Power Ledger will run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019. In order to launch its second trial in Japan, Power Ledger teamed up with Japanese solar provider Sharing Energy and electricity retailer eRex, the firm stated ..

Australian Startup to Offer 20% Payback on Fuel Purchases in Tokens

News Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time. Incent announced in a press release published on Sept. 26 that participants will have to sign up on its platform and sync their bank accounts in order to ..

Oxfam Readies Phase Two of Dai-Based Vanuatu Disaster Relief Program

Follow up Following the first phase of the Unblocked Cash program in Vanuatu, Oxfam is readying to launch the pilot program’s second phase using the Dai stablecoin to distribute disaster relief. Speaking exclusively to Cointelegraph, Oxfam Pacific Cash and Livelihoods lead and co-founder of partne..

Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer

News Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. Key investorsImmutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Mike Novogratz's crypto..

Australian Authorities Indict Cryptocurrency Crime Syndicate

The Australian Securities and Investments Commission (ASIC) together with the Australian Federal Police (AFP) recently announced the crackdown of a group of fraudsters who specialized in identity theft. Per a press release, the syndicate moved the stolen funds back from abroad into Australia using c..

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..

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