Articles of Australia

Crypto merchants in Australia set a monthly record of 74K USD, BCH payment rate reaches 97%

Cryptocurrency payments in Australia have been increasing over the past few years and recently set a new record. According to the latest report, in February this year, crypto-based merchant trade across the country reached nearly $ 74,000. Of the cryptocurrencies accepted by Australian companies, Bitcoin Cash has by far the largest share of retail crypto […]

Providing fulcrum for export, banking and financial industries, Australia releases national blockchain strategy roadmap

According to Cointelegraph reported on February 7, after nearly a year of preparation, the Australian government will launch a national blockchain strategy on February 7 (Friday). (Image source: pixabay ) In March last year, the Australian Ministry of Industry and Technology and the Ministry of Trade, Tourism and Investment announced the National Blockchain Strategic Plan, […]

Bank of Australia Governor: I am not optimistic about Facebook's Libra project

Translator: Play the coin family ElaineHu Reserve Bank of Australia (RBA) President Philip Lowe declared he was deeply skeptical about the impact of Facebook's new cryptocurrency. Libra, the most recently discussed cryptocurrency project, looks good for some people at the program level, but regulators believe that it is unlikely to be realized in the short […]

Australian Computer Society publishes "Australian Blockchain Challenge" report

The Australian Computer Society this week released the "Blockchain Challenges for Australia" report, which examines the technical, legal and educational barriers that blockchain technology must overcome before it is widely adopted. The author of the report, Dr. Vincent Gramoli of the University of Sydney, said that there is still a way to go before the […]

In 2018, Australian encryption-related fraud reports rose by nearly 200%

This figure is 190% higher than the $2.1 million ($1.48 million) lost in the cryptographic fraud reported in 2017. According to reports, scammers often induce consumers to purchase various cryptocurrencies through fake platforms, but when consumers try to cash in on investments, scammers "look for excuses or no longer contact." Some investment frauds also require […]