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Showing 1 - 10 of 298 results for %22Crypto%22

The top investment funds over the past year

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... for the year ending March 31 have been announced, with all being ETFs focused on international equities. The BetaShares Crypto Innovators ETF (ASX: CRYP), with $158 million in net assets, led the pack with a 163.8% return, according to Rainmaker Information ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... chair Joe Longo said this was a significant ruling as the first court outcome against a non-cash payment facility involving crypto. BPS violated the Corporations Act by operating without an AFSL and lacked authorisation from a licence holder to issue ...

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... coded to occur every 210,000 blocks and halves the reward Bitcoin miners get, ensuring a supply cap of 21 million Bitcoin. Crypto.com chief operating officer Eric Anziani said reducing miner's profits will result in fewer Bitcoin coming to market but ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... Cryptocurrencies include coins, tokens, and non-fungible tokens (NFT). Investors must declare staking rewards, which is income paid to crypto owners who hold tokens to validate transactions on the blockchain, and airdrops, which is the distribution of ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
ASIC has taken legal action against three blockchain mining companies - NGS Crypto, NGS Digital, and NGS Group - along with their sole directors Brett Mendham, Ryan Brown and Mark Ten Caten. The corporate regulator has accused the NGS companies of targeting ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
Oak Hill Advisors executive Signe Brandt has left the T Rowe Price-owned subsidiary to join the rival alternative asset investor. Brandt worked at the $63 billion credit-focused Oak Hill for 13 years, building up its Australian presence. Global Alternative ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... breached product disclosure requirements, and failed to comply with design and distribution obligation for its now defunct crypto-asset related product, Finder Earn. ASIC alleged that the Finder Earn product was a debenture which is essentially an agreement ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
Australia's exchange-traded fund (ETF) sector is tipped to rise 30% in 2024, buoyed by passive equity and fixed income products, State Street predicts. Tim Helyar, the country head for Australia at State Street, said the forecast is based on discussions ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... Moreover, listing on Cboe Australia facilitates broader investor access, allowing for diversification of portfolios with crypto-asset investment products, it added. "We are proud to work with Cboe Australia to bring Monochrome's new bitcoin ETF to ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... either money, a store of value or an investment asset, up from 63% in 2022. According to research from Caleb & Brown - a crypto brokerage and asset management firm - an estimated 4.5 million Australians own some form of cryptocurrency. Caleb & Brown ...
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