Australia

Australia tries again to combat ‘future sectors’ crypto scams

Australia, Cryptocurrencies, Government, scams /

Australia tries again to combat ‘future sectors’ crypto scams 30/11/2023 at 10:04 By Cointelegraph By Arijit Sarkar The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

2024, Australia, Binance, bull market, Crypto, ETF, exec /

‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads 24/11/2023 at 06:03 By Cointelegraph By Tom Mitchelhill The heads of Australia’s largest crypto exchanges say a bull run is coming early next year — others say it’s already arrived. This article is an excerpt from Cointelegraph.com News View Original Source React

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Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

ato, Australia, australian, capital gains, crypto cgt, Crypto rules, decentralised finance, DeFi, rules, senator bragg, tax, tax guidance /

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules 24/11/2023 at 05:02 By Cointelegraph By Brayden Lindrea The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges. This article is an excerpt from Cointelegraph.com News View Original Source React

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State-Sponsored Online Spies Likely to Target Australian Submarine Program, Spy Agency Says

Australia, China, Cyberwarfare /

State-Sponsored Online Spies Likely to Target Australian Submarine Program, Spy Agency Says 16/11/2023 at 19:46 By Associated Press Australia’s cooperation with the U.S. and Britain to develop an Australian fleet of submarines powered by U.S. nuclear technology is a likely target of state-sponsored cyberespionage, the nation’s digital spy agency said. The post State-Sponsored Online Spies

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State-Backed Hackers a Threat to Australia, Agency Warns

Australia, Nation-State, Threat Intelligence /

State-Backed Hackers a Threat to Australia, Agency Warns 15/11/2023 at 13:46 By AFP The AUKUS partnership, with its focus on nuclear submarines and other advanced military capabilities, is likely a target for state actors looking to steal intellectual property. The post State-Backed Hackers a Threat to Australia, Agency Warns appeared first on SecurityWeek. This article

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Australia to impose capital gains tax on wrapped cryptocurrency tokens

Australia, Taxes, Tokens /

Australia to impose capital gains tax on wrapped cryptocurrency tokens 14/11/2023 at 12:03 By Cointelegraph By Arijit Sarkar Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax. This article is an excerpt

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Operations at Major Australian Ports Significantly Disrupted by Cyberattack

Australia, cybercrime, Featured, port, Ransomware /

Operations at Major Australian Ports Significantly Disrupted by Cyberattack 13/11/2023 at 14:02 By Eduard Kovacs A cyberattack on Australian shipping giant DP World, which may have been a ransomware attack, has resulted in serious disruptions at major ports. The post Operations at Major Australian Ports Significantly Disrupted by Cyberattack appeared first on SecurityWeek. This article

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Australian regulators will compel businesses to report cyberattacks: Report

Australia, crimes, cybercrime, cybersecurity /

Australian regulators will compel businesses to report cyberattacks: Report 13/11/2023 at 11:03 By Cointelegraph By David Attlee This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged. This article is an excerpt from Cointelegraph.com News View Original Source

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5 nations challenge crypto experts and investigators to target tax crimes

Australia, Canada, fraud, investigation, Netherlands, Taxes, United Kingdom, United States /

5 nations challenge crypto experts and investigators to target tax crimes 03/11/2023 at 13:02 By Cointelegraph By Arijit Sarkar The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Australia open to idea of CBDC as future of money — RBA

Australia, CBDC, National Australia Bank /

Australia open to idea of CBDC as future of money — RBA 16/10/2023 at 14:02 By Cointelegraph By Prashant Jha The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use. This article is an excerpt from Cointelegraph.com News View Original

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Mastercard announces successful wrapped CBDC trial results

Australia, CBDC, Cryptocurrencies /

Mastercard announces successful wrapped CBDC trial results 12/10/2023 at 19:02 By Cointelegraph By Zhiyuan Sun The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin drives digital asset inflows for the first time in 6 weeks: Report

Australia, Canada, coinshares, Europe, Solana, United States, XRP /

Bitcoin drives digital asset inflows for the first time in 6 weeks: Report 03/10/2023 at 21:02 By Cointelegraph By Tristan Greene But Solana was the only other major asset to show inflows for the week. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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How senators plan on regulating AI: Law Decoded, Sept. 4–11

Australia, China, senate, Taiwan /

How senators plan on regulating AI: Law Decoded, Sept. 4–11 12/09/2023 at 01:07 By Cointelegraph By David Attlee Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg

Australia, Bitcoin Regulation, Cryptocurrencies, law /

Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg 07/09/2023 at 09:02 By Cointelegraph By Tom Mitchelhill Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it’s part of a bigger regulatory picture. This article is an excerpt from Cointelegraph.com News View Original Source

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Swyftx launches ‘Earn and Learn’ — paying Aussies to learn about crypto scams

Australia, crypto scams, education, learn, Swyftx /

Swyftx launches ‘Earn and Learn’ — paying Aussies to learn about crypto scams 05/09/2023 at 09:01 By Cointelegraph By Martin Young Australian crypto exchange Swyftx said it had identified a rise in demand for crypto education during the bear market as the reason for its launch. This article is an excerpt from Cointelegraph.com News View

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Australian lawmakers send back crypto bill by Andrew Bragg

Australia, Government, law, Stablecoin /

Australian lawmakers send back crypto bill by Andrew Bragg 04/09/2023 at 17:02 By Cointelegraph By Helen Partz Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it’s now been sent back for amendments. This article is an excerpt from Cointelegraph.com News View

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Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say

Australia, Bitcoin Scams, Cryptocurrencies, Cryptocurrency Exchange /

Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say 31/08/2023 at 14:01 By Cointelegraph By Helen Partz Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say. This article is an excerpt from Cointelegraph.com News View Original

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Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer

america, Australia, CFTC, courts, gary gensler, Intersekt, panel, regulation, SEC, US /

Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer 31/08/2023 at 09:02 By Cointelegraph By Jesse Coghlan Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country’s securities regulator racks up court losses. This article is an excerpt from Cointelegraph.com News View Original

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Australian Energy Software Firm Energy One Hit by Cyberattack

Australia, cybercrime, energy, Ransomware /

Australian Energy Software Firm Energy One Hit by Cyberattack 22/08/2023 at 16:32 By Eduard Kovacs Energy One, an Australian company that provides software products and services to the energy sector, has been hit by a cyberattack. The post Australian Energy Software Firm Energy One Hit by Cyberattack appeared first on SecurityWeek. This article is an

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Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs

Australia, cybercrime, data breach, Ransomware /

Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs 21/08/2023 at 16:30 By Eduard Kovacs Australian lender Latitude Financial said the recent ransomware attack has cost it AU$76 million (roughly US$50 million). The post Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS

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