ATO gathers bulk data from crypto exchanges
The Australian Taxation Office is ingesting bulk records from local cryptocurrency businesses as part of its compliance efforts.
The Australian Taxation Office is ingesting bulk records from local cryptocurrency businesses as part of its compliance efforts.
Although Bitcoin may have lost much of its lustre among speculators, the Australian Competition and Consumer Commission has revealed that in 2018 it and other cryptocurrencies remained popular among scammers.
AUSTRAC — Australia’s money laundering and counter terrorism financing watchdog — says that it has suspended the registrations of two digital currency exchanges.
Basis, a cryptocurrency project that in April announced it had raised US$133 million from a slew of high profile investors, has announced that it is shutting down and returning the funds to its backers because of regulatory concerns.
Victorian Police have warned people against paying fake tax debts at Bitcoin ATMs.
Three companies that provide cross-border payment services plan to use technology developed by startup Ripple that employs cryptocurrency XRP to speed transactions.
A Sydney couple allegedly used cryptocurrency to help launder the proceeds of credit card fraud.
US securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge has ruled.
IBM is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.
There is evidence that tether, a digital currency pegged to the U.S. dollar, may have been used to manipulate the price of bitcoin and other cryptocurrencies, according to a research paper released by the University of Texas.
Using an iPad or iPhone to mine bitcoin or other cryptocurrencies would be hard to do, as the CPU power available to complete the task would be a drop in the bucket compared to what's needed.
Virtual currency sales ballooned to US$9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offerings are excluded.
Headphone maker Monster Products Inc said it is planning to raise up to US$300 million in an initial coin offering, a fund-raising strategy in which a company creates a token, or digital currency, and sells it to the public.
Too many cryptocurrency clients and fewer cloud computing orders than expected underwhelmed Nvidia investors on Thursday, although the graphics chip maker said a supply shortage that hit its core video game audience had eased.
The stage may be being set for a significant campaign of malware-facilitated blackmail, according to the regional head of Malwarebytes.