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Showing 81 - 90 of 253 results for "Cryptocurrency"

Unlicensed crypto investor faces jail time

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... were transferred to crypto-assets. ASIC issued an official warning urging Australians to consider the risks of cryptocurrency investments. "Financial advice must only be provided by qualified and licensed financial advisers or financial counsellors ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). HyperFund's alleged co-founder Sam Lee, who has Australian ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional investment players such as BlackRock, Fidelity, Invesco ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... investor dollars. Following the verdict, attorney general Merrick Garland said Binance became the world's largest cryptocurrency exchange in part because of the crimes it committed. "Now it is paying one of the largest corporate penalties in US history," ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... they are less inclined than the global average to invest in gold, silver, precious metals (43% versus 39%), and cryptocurrency (40% versus 33%). The report highlighted that Australian investors believe they can easily access private asset markets through ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... Trust aims to track the price of Ether, affording investors an alternative to acquiring, holding, and trading the cryptocurrency on peer-to-peer networks or digital exchanges. BlackRock's Ethereum Trust was designed to eliminate the "complexities and ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
Melbourne-based cryptocurrency lender Helio Lending (Helio) has been sentenced to a non-conviction bond for falsely claiming that it held an Australian credit licence (ACL) when it did not. In 2019, Helio falsely represented on its website that it held ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... Further, he argues that BlackRock wouldn't pursue this venture amid current regulatory uncertainties surrounding cryptocurrency in the US market unless it was confident in its success. "BlackRock really understands the game. They wouldn't launch ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... of investors have yanked funds from their current investments. A minority of those polled (18%) are engaged in cryptocurrency.

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... the nature of the investments to the clients, including suggesting their money would be invested in property and cryptocurrency. It's alleged he obtained about $2.5 million in total, using it for his own benefit and to pay as returns to other investors. ...