Philip Lowe has questioned whether a central bank digital currency (CBDC) will have any substantial impact on the daily lives of regular Australians.
Digital art collectibles are among the big hits as non-fungible tokens make a comeback,with sales hitting $1 billion in January,according to market tracker CryptoSlam.
AirTree had adopted crypto industry jargon to project its bullishness on the sector,declaring it had “diamond hands” and were “black belt HODLers”.
ASIC and the RBA have slapped the operator of Australia’s Securities Exchange with a number of new requirements it must comply with after it dumped the long-awaited technology overhaul of its core trading systems.
The collapse of Sam Bankman-Fried’s cryptocurrency exchange has rattled the industry and seen billions wiped away. But one certainty has emerged.
The ASX has been slammed by the RBA and ASIC after dumping the blockchain-based upgrade of its core trading systems at a cost of around $255 million.
FTX’s implosion serves as a validation of what many of us have been saying for a long time:cryptocurrency is just one large Ponzi scheme.
Decentralised autonomous organisations (DAOs) are a new entity with no central structure,rules encoded in computer programs,and are entirely self-governing.
For most,the idea of spending tens of thousands of dollars on a parcel of digital “land” is unfathomable. But in the world of Illuvium,demand from buyers has been running hot.
Liquidators are trying to track down the missing millions of hundreds of Australian investors who put money into one of the country’s first cryptocurrency exchanges,ACX,which collapsed in 2021.
Could blockchain and cryptocurrency fundamentally change how the world functions like the steam engine or the printing press?