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Showing 231 - 240 of 240 results for "cryptocurrency"

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
... distributed ledger technology. They're usually sold to investors by auction or through subscription in return for a cryptocurrency such as bitcoin or ether. IOSCO points out the transaction can also be in exchange for government-backed or official fiat ...

Global wealth manager champions embattled digital currencies

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
One of the world's largest independent wealth management firms will introduce a cryptocurrency app, despite recent price slumps and having labelled it "a major gamble". deVere Group announced the launch of deVere Crypto which will allow users to store ...

Global online trading firm rolls out bitcoin derivatives in Australia

ALEX BURKE  |  THURSDAY, 11 JAN 2018
... bitcoin as either an over-the-counter (OTC) derivative or as a future, allowing speculation on the value of the cryptocurrency without owning the asset itself. GAIN also said that if regulation permits, investors can trade bitcoin on a margin. GAIN chief ...

Industry names team up for cryptocurrency fund

JAMIE WILLIAMSON  |  THURSDAY, 21 DEC 2017
An Australian hedge fund veteran and former ANZ executive have partnered to launch a new active cryptocurrency fund. The EKT Active Fund has been launched by Triple A Partners' Damien Hatfield and former ANZ head of global markets Steve Bellotti. The ...

Cryptocurrency interest underwhelming: Poll

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... in using or investing in virtual currency. An overwhelming number of respondents (63%) have no plans to trade in cryptocurrency such as bitcoin and ethereum. A small number (17%) however, are curious about digital currency and plan to transact in some ...

Financial advisers should consider bitcoin as an asset class: Dunworth

MICHELLE BALTAZAR  |  MONDAY, 8 MAY 2017
... currency that has outperformed traditional currencies in recent years, according to an industry expert. This week the cryptocurrency broke record-highs when it started trading above USD$1680 against the US dollar. As at May this year, the total market ...

ASX partners with US tech firm for new trade platform

ALEX BURKE  |  FRIDAY, 22 JAN 2016
... on the current clearing and settlement service, CHESS. Similar to the "blockchain" distributed ledger used with cryptocurrency Bitcoin, this new platform "may be able to significantly simplify and speed-up post-trade processing," according to the ASX ...

ASIC stops Bitcoin miner discussing IPO

ALEX BURKE  |  MONDAY, 16 FEB 2015
... from discussing its intention to IPO prior to submitting a prospectus. Bitcoin Group is a "miner" of the Bitcoin cryptocurrency. This entails using software to solve complex mathematical problems in aggregate in exchange for units of Bitcoin. Because ...

Bitcoin exchange goes live

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange. The exchange, which is based in Sydney, goes live today. Independent Reserve chief executive ...

IG offers Bitcoin bet

JAMES FERNYHOUGH  |  THURSDAY, 16 MAY 2013
... volatile internet currency Bitcoin. Described by US tech publication DailyTech as "a peer-to-peer internet-driven cryptocurrency", Bitcoin is notoriously unstable. It soared in value for the first three months of 2013, hovering at the US$120-$160 mark ...