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Showing 301 - 310 of 432 results for "Crypto"

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
A fake bond scam run has allegedly defrauded self-managed super fund members of $2.8 million. Richard Emil Ayoub, an American national, allegedly funnelled the money into Bitcoin between March and August 2021 after promoting it to investors as a fixed ...

What super funds should know about Gen Z

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
New research from industry super fund NGS Super has revealed what Gen Z wants from a super fund and their attitudes to saving and investing. According to the research, 73% of Gen Z participants said the pandemic encouraged them to save more, 31% said ...

Bitcoin exposure added to platform

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
Monochrome Asset Management's flagship fund, which tracks the price of bitcoin, has launched through Praemium. The Monochrome Bitcoin Fund (MBF) is available to wholesale investors through the Powerwrap product suite. MBF provides access to a pure bitcoin ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... investment solutions. Last week, BetaShares set an ASX record for the highest trading value on the first day of listing. The Crypto Innovators ETF recorded $39.7 million worth of trades on November 4, smashing the previous record of $8 million set in ...

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
BetaShares' Crypto Innovators ETF (CRYP) broke a trading value record on its first day of listing. CRYP recorded $39.7 million worth of trades on November 4, smashing the previous record of $8 million set in March 2021. The fund opened at $11.25 per ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... property and luxury vehicles in their names. In addition, more than $2.4 million has been transferred from A One Multi to buy crypto assets. On October 21, the court made an order to put A One Multi into the receivership of John Ross Lindholm and Timothy ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Commonwealth Bank will become the first bank in Australia to offer the ability to buy, sell and hold crypto assets via a strategic partnership with Gemini and Chainalysis. The bank has designed a crypto exchange and custody service which will be offered ...

ASIC smooths path for crypto ETFs

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
ASIC has released guidance for product issuers on crypto exchange traded products, with the industry broadly supporting the regulator's stance. ASIC's good practice guide includes admission and monitoring standards, custody of crypto-assets, pricing ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... past two years has seen an extraordinary increase in Australia and elsewhere in people taking up online share, CFD and crypto trading, in some cases attracted by relentless online marketing campaigns proclaiming that investing is fun and easy - often ...

Crypto mining ETF launches

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
Following the launch of other crypto themed ETFs, Cosmos Asset Management has joined the party and launched a digital mining fund. The Cosmos Global Digital Miners Access (DIGA) launched on the Chi-X today and aims to provide investors with access to ...