Hard to grasp Sydney always has something new to offer
Editorial
City life

Hard to grasp Sydney always has something new to offer

There is not one story nor logic to Sydney and there is always something new beyond our daily encounters to learn about.

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Drake could be key witness in blockbuster case about Australian casino

Drake could be key witness in blockbuster case about Australian casino

Drake has been the lead ambassador for the Melbourne-based online casino that was set up by Ed Craven and Bijan Tehrani in 2018 and has grown into one of the world’s largest online casinos.

  • bySarah Danckert
In hunt for FTX assets,lawyers locate billions in cash and crypto

In hunt for FTX assets,lawyers locate billions in cash and crypto

Two months after FTX filed for bankruptcy,lawyers for the once high-flying cryptocurrency exchange have begun to identify its assets as they determine how much they will be able to recover for lenders and customers.

  • byMatthew Goldstein andDavid Yaffe-Bellany
Bitcoin surges above $US21,000 amid optimism around inflation

Bitcoin surges above $US21,000 amid optimism around inflation

The overall market cap of the crypto universe rose above $US1 trillion for the first time since early November.

  • byJoanna Ossinger
FTX founder says he ‘didn’t steal funds’ in unusual post-arrest blog post

FTX founder says he ‘didn’t steal funds’ in unusual post-arrest blog post

“I didn’t steal funds,and I certainly didn’t stash billions away,” the FTX founder Sam Bankman-Fried wrote.

  • byLuc Cohen
The big risk in Wall Street’s bet on interest rates
Opinion
Inflation

The big risk in Wall Street’s bet on interest rates

The latest US inflation data could shake the markets’ confidence and reverse the recent positive trends for the pricing of risk assets like shares,bonds and even Bitcoin.

  • byStephen Bartholomeusz
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FTX recovers $7.3 billion in cash and crypto to repay customers

FTX recovers $7.3 billion in cash and crypto to repay customers

It’s not yet clear how much of a shortfall FTX’s creditors will face,as company advisers continue working to salvage what they can from the crypto giant’s shocking implosion in November.

  • byTory Newmyer
Australian firms dragged into FTX bankruptcy saga

Australian firms dragged into FTX bankruptcy saga

Investigators have contacted a list of Australian firms including Atlassian,NAB and Clayton Utz as they seek more information about the crypto group’s global activities.

  • bySimone Fox Koob
US ramps up probe of crypto exchange Binance

US ramps up probe of crypto exchange Binance

The popular crypto exchange and derivatives seller is adamant it is operating in line with laws and regulations in the countries in which it operates.

  • byDouglas MacMillan andTory Newmyer
Cryptocurrency sector faces fresh reckoning as US authorities pounce

Cryptocurrency sector faces fresh reckoning as US authorities pounce

US authorities have lodged two separate fraud cases against operators in the cryptocurrency sector as a once major broker considers filing for bankruptcy.

  • byErik Larson
Aussies stung for millions in crypto crash

Aussies stung for millions in crypto crash

Almost $30 million in digital assets they thought was safely held in crypto wallets with Brisbane-based Digital Surge is caught up in the bankruptcy of global crypto exchange FTX.

  • byMarion Rae