Bitcoin crashes don’t matter – here’s why
There have been several large Bitcoin crashes since the decentralized cryptocurrency single-handedly kicked off the blockchain era in January 2009.
Crypto Checkup: Insights from the CEO of BTC Markets
Crypto hasn’t been immune to the recent selloffs, but the asset class continues to warrant plenty of discussion among analysts and commentators.
Common myths about crypto debunked
The initial virality of cryptocurrencies like Bitcoin may have faded, but the myths and confusion surrounding it remain extensive.
Apple may be prepping to turn your iPhone into a crypto wallet
Apple is likely preparing to let iPhone owners turn their devices into hardware wallets that allow them to store and use bitcoin and other cryptocurrencies
Bitcoin – The Future of Money
Technology has changed the world around us, penetrating into our daily lives to such an extent that it’s now difficult to imagine the world without it. The financial industry has been particularly impacted by digital advances, going from banknotes to credit cards to Bitcoin in just a few decades. But is Bitcoin really the future of money? Or is it just a fad destined to go away when some other form of electronic cash appears? To answer these questions, we must first take a closer look at the evolution of money to see its possible future. The Evolution of Money The evolution of money is long and winding, but most […]
Australia toughens stance against misleading ICOs
The rapid, perhaps unprecedented rise of cryptocurrencies and financial blockchain innovations continue to be a divisive subject for policy makers in the financial sectors of countries all over the world. Central banks and financial regulators are scrambling to adapt to the new realities this decentralized and sophisticated new interpretation of currency as a medium of exchange. Many of the governments and institutions taking a dim view of and placing restrictions on cryptocurrencies and ICOs (Initial Coin Offerings) do so with the stated intention of protecting the general population, although many see an ulterior motive in such policies. The Australian Securities and Investments Commission (ASIC) is the most recent authoritative body […]
Reimagining wealth management for the digital age
David Levi looks at why responding to the digital challenge is not just about defence but about shaping a new era of wealth management. As consumer needs and the financial landscape evolve, major banks are being forced to reconsider their approach to wealth management services. Colonial First State, for example, has predicted that the retirement of Baby Boomers would result in unprecedented transfers of wealth. Similarly, Citigroup announced its plans to triple the size of its wealth management business in Australia by 2020, as it targets customers with more than $1 million to invest. While the Association of Superannuation Funds of Australia (ASFA) reports that private sector forecasts superannuation assets […]
Australia Post signs on its first businesses with its Digital ID
Online job marketplace Airtasker, credit union CUA, foreign exchange company Travelex, and Queensland Police are among the first adopters of Australia Post’s new digital identity service as it seeks to corner the local market in proving credentials when the online and physical worlds collide. The Digital ID has been under development since early 2016 and will allow people to rapidly verify their identity via their smartphone using stored biometric data and other information. The technology will allow individuals to apply for passports or mortgage by mobile and Australia Post’s executive general manager of trusted e-commerce services Andrew Walduck said it was now entering commercial use and would become a growth […]
