Aussie digital asset financial services firm, Block Earner, announced it has secured an additional AU$8 million in Series A funding. It follows Block Earner’s launch of Australia’s first Bitcoin-backed home loan product last month, which the company claims has already attracted AU$400 million in mortgage demand. Block Earner said theContinue Reading
Australia’s media watchdog, the Australian Communications and Media Authority (ACMA), has asked internet service providers to block access to blockchain-based prediction market, Polymarket. The request comes after an ACMA investigation found Polymarket was offering gambling services to Australians without an appropriate license. The move sees Australia join other countries, includingContinue Reading
A luxury Fannie Bay home in the Northern Territory is listed for $2.85 million or the Bitcoin equivalent. About 20% of Australians own cryptocurrency, with the market valued between $50 billion and $70 billion. Internationally, places like Dubai have clear crypto real estate laws, enabling Bitcoin and stablecoin property purchases.Continue Reading
IREN mined 728 BTC in July, surpassing MARA’s 703 BTC Despite a lower hashrate, IREN’s more than 90% fleet utilisation outperformed MARA’s less than 75% IREN’s share price surged 11.4% to US$18.32 and its market cap hit US$4.11b. Australian Bitcoin miner IREN Limited has outperformed its main rival, MARA Holdings,Continue Reading
Australian digital asset manager, JellyC, has teamed up with crypto exchange OKX and international banking giant Standard Chartered in a bid to enhance institutional access to digital asset investing in Australia. JellyC’s initiative will see it use Franklin Templeton’s tokenised money market fund as off-exchange collateral to trade on OKX,Continue Reading
