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Showing 1 - 10 of 184 results for %22cryptocurrency%22

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... asked to transfer their funds from regulated super funds to self-managed super funds (SMSFs) and convert them into cryptocurrency. Early investigations indicate that around 450 Australians invested approximately US$41 million through the NGS companies. ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... spectrum, of private credit, private equity, infrastructure and venture capital. It does not invest in hedge funds, cryptocurrency or natural resources. Private equity makes up about a third of GAF's investments, with private credit, special situations ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... equity markets. In South Korea, ETF assets exceed US$50 billion. Australia and Hong Kong will make the first spot cryptocurrency available for institutional and retail investors. Globally, State Street predicts that ETF assets will deliver between 20% ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... It is structured as a dual trust where each ETF unit gives the holder an absolute entitlement to the underlying cryptocurrency, which is held in institutional grade, offline storage facilities with Coinbase.

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

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... event will occur. This is when the amount of Bitcoin someone can mine from a Bitcoin block is halved, making the cryptocurrency more valuable. In anticipation of this event Australian investors have been stocking up on Bitcoin. According to the Independent ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... involved in a financial services business. Creigh is the director of Panacea Capital. He operated the Panacea Capital Cryptocurrency Investment Fund (Crypto Fund) between April 2021 and June 2022. ASIC found Creigh operated the Crypto Fund while unlicensed. ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... large on the horizon as an emerging area of risk. At present, the position of most digital asset platforms is that cryptocurrency is a not a financial product and that issuers do not provide a financial service," the law firm said. "However, with a proposed ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... Wallet has fallen flat as the Federal Court rejected allegations it was spruiking a financial product related to cryptocurrency. Justice Markovic yesterday dismissed ASIC's case against Finder.com's Finder Wallet and its product Finder Earn, which was ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... the growing interest in crypto among new investors. "We've always had an unwavering belief in the potential of cryptocurrency and it's exciting to see more and more people becoming aware of that potential," Rose said. The Bitcoin price surge saw many ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... other Blockchain Global directors, Samuel Xue Lee and Zijang (Ryan) Xu, for their involvement in the failure of a cryptocurrency exchange. Blockchain Global launched the ACX Exchange in 2017 for cryptocurrency trading and storage, but by December 2019 ...
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