Cryptocurrency exchange Blockbid announce beta launch of live trading
Blockbid will be offering live crypto trading online. Its new feature, which will allow users to trade via secure means, is set for a beta launch on Sep. 28
PlayChip digital currency exchange “PlayXchange” registered
The PlayChip Foundation has been registered as the first digital currency exchange in Australia with its own native token. Last week the PlayChip Foundation Ltd was registered to provide Digital Currency Exchange services by Australian regulatory body AUSTRAC. AUSTRAC, the Australian Transaction Reports and Analysis Centre, is Australia’s anti-money laundering and counter-terrorism financing regulator and financial intelligence unit. The registration is pursuant to subsection 76E(2) of the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 (AML/CTF Act Amendment Act 2017). The registration signals a huge step forward to the Foundation, which will operate a cryptocurrency exchange called the PlayXchange as part of a global payment solution to its more than […]
ndau: World’s first “buoyant” stablecoin cryptocurrency revealed
Meet the unpegged, uncollateralised ndau, courtesy of finely-tuned tokenomic and governance elements. Stablecoins have been proliferating in the last few months. All of them are curious and flawed creations in their own way, and there are growing concerns that stablecoins of any kind, in principle, are economically impossible. But maybe ndau can buck the trend. The coin was just unveiled today, and is perhaps the most distinctive and advanced stablecoin that has been created to date. The best of both worlds, for the best of both worlds “Stable is good. Buoyant is better,” ndau says. The ndau Collective came together as a group of early bitcoin enthusiasts who aimed to […]
Step-by-Step Guide: How to Create Your Own Cryptocurrency
Introduction Did you know, there are different forms of money? Not just real and counterfeit. Those categories were relevant in the 20th century. Now we have Cash money, digital money or money that can be accessed through online mediums, and plastic money which refers credit cards and debit cards. But in the last decade, the whole world has seen the emergence of a new form of money. It is definitely the cryptocurrency. Cryptocurrencies or virtual currencies are digital assets which can be used as a medium for exchange. Some notable instances of cryptocurrency are Bitcoin, Dogecoin, and Dentacoin. There are many more such cryptocurrencies available online. It is important to […]
Peppermint’s Bizmoto now remitting to India
Peppermint Innovation Limited announced its international remittance business, Bizmoto, had ‘opened’ up a transfer corridor to India, the second largest global remittance market for Australia in 2017. The activation means people living in Australia can now use Bizmoto’s online portal at www.bizmoto.com.au to send money to their family, friends or relatives in India. Bizmoto will earn revenue by collecting a transaction fee on every money transfer. According to the latest World Bank figures*, Australians transferred USD$1.944 billion to India in 2017 – ranking only second to China (USD$2.922B) as the largest global remittance market for Australia. Vietnam (USD$1.182B) ranked as the third largest global remittance market for Australians, with the […]
Dogecoin: the best performing crypto started off as a joke
It’s been a brutal bear market for crypto. Since peaking in early January, the entire space has lost around $US640 billion ($901 billion). Every time there’s been a brief rally it’s been followed up by relentless selling. According to OnChainFX, a site that tracks cryptocurrencies, only one coin has seen major gains over the last 30 days, and it happens to be the one that’s the biggest joke of all: Dogecoin. The coin, which was introduced in 2013 as a play on the once popular Doge meme, has surged over 160 per cent in about a month. Its founder, Australian Jackson Palmer, told Fairfax Media earlier this year that he […]
Australian financial regulator to focus on ICOs and cryptocurrency exchanges
In its 2018-22 corporate plan report, the Australian Securities & Investments Commission (ASIC) revealed it would be focusing on cryptocurrencies with an emphasis on ICOs and exchanges. The Australian Securities and Investments Commission (ASIC) published a report this week that details its plans to tightly scrutinize the crypto industry in the country. The areas of great focus, according to the regulator, will be on crypto exchanges and Initial Coin Offerings (ICOs). The detailed report was part of the regulator’s ‘Corporate Plan 2018-2022′, which explained its plans for 2018 and 2019. ASIC’s mandate includes oversight over the country’s financial services, markets, corporate investments, and consumer credit. ASIC mitigating crypto risk for […]
Half of millennials say cryptocurrency will soon be widely used
Millennials are keen on bitcoin and cryptocurrency in general, according to a recent YouGov survey. 44% of millennials (just under half) say they think it will be “somewhat” or “very” widely accepted in the next 10 years. The survey also found that bitcoin enjoys fairly incredible brand recognition, with 74% of men and 68% of women respondents saying they’d heard of it. Nothing else came close, with only 19% of men and 6% of women saying they’d heard of Ethereum, making it the second most widely-known cryptocurrency. Curiously, 79% of respondents said that they were familiar with at least one type of cryptocurrency, suggesting that there’s a reasonable number of […]
