CanYa raised $3.7 million with 28 Days to go for their ICO
CanYaCoins have been on a much anticipated countdown, with both the cryptocurrency enthusiasts and the cryptocurrency confused watching closely. The Australian startup raised AUD$1.8 million (3660 ETH) in their pre-sale and has just launched their ICO. The initial coin offering went live on the 26th of November at 8.30 pm (AEDT/GMT+11), and all reports say it launched with a bang. The CanYa team have revealed they have raised over $3.7 million in total and with the recent launch of their ICO. With 28 days for contributions to continue, they hope to use them to grow their community and platform. ICOs have been extremely hot in the market, offering […]
Now you can buy Ethereum and alt-coins with cash at your local newsagent
The cryptocurrency revolution is coming to your local newsagent. Since 2016, enthusiasts have been able to purchase bitcoin over the counter in a local store via the blueshyft platform. Through a new partnership with CoinSpot, that has now been expanded to include numerous other cryptocurrencies, including Ether, the biggest rival to the dominance of bitcoin in the digital currency world. blueshyft CEO Kain Warwick describes the new in-store offering as a significant improvement to the availability of Ether and other digital currencies for consumers. “More Australians are becoming interested in cryptocurrencies beyond bitcoin. This partnership with CoinSpot now provides a simple method for consumers to buy many different […]
Australia aims to regulate Bitcoin exchanges
While the bitcoin rate is climbing new heights nearly every week, it becomes more and more obvious that a regulatory environment around the bitcoin and other cryptocurrencies has to evolve as well. Until now there has been two Asian countries, China and Japan, that have announced its desire to regulate their local bitcoin exchanges. This week these countries were joined by Australia, another major market. Let’s quickly analyse the pros and cons of such practices. Bitcoin Use Cases Today the bitcoin is used for nearly all possible kinds of transactions. It is possible to buy a cup of coffee, pay a tuition fee in some universities or simply settle down […]
Australian FinTech Launches Australia’s Only Dedicated FinTech Jobs Platform – Australian FinTech Jobs
The team behind the highly successful Australian FinTech website have soft-launched their FinTech employment marketplace platform, Australian FinTech Jobs. Founder and CEO, Cameron Dart, says AustralianFinTechJobs.com.au has been born on the back of the highly successful Australian FinTech website and growing demand from the local FinTech community to have a dedicated employment platform for the sector. AustralianFinTechJobs.com.au is Australia’s only dedicated platform for FinTech companies and Recruiters to promote FinTech, financial technology, financial services, banking, legal and IT employment opportunities in Australia. “Australian FinTech have built a new jobs startup for fintechs and startups about startups, fintechs and jobs” “When people think of ‘FinTech’ in relation to employment, they might […]
Here’s how Bitcoin can get to $US100,000 in 2021
Bitcoin is trading at record highs on Monday, but the cryptocurrency may still be far from hitting its ceiling. The cryptocurrency has rallied 16.19% since July 31, despite last week’s fork that split it in two. It’s up 465% since last year. According to analysis by Dennis Porto, a bitcoin investor and Harvard academic, the bitcoin’s price could hit $US100,000 per coin if it continues to follow one of tech’s “golden rules,” Moore’s Law. The rule, which was devised in 1965 by Intel cofounder Gordon Moore, describes the exponential improvements of digital technology. “Moore’s law specifically applied to the number of transistors on a circuit but can be applied to […]
Blockchain Explained: What you need to know
As emerging technologies continue to revolutionise the way we live and transact, concepts like ‘cryptocurrency’ and ‘blockchain’ are becoming increasingly relevant to our collective financial future. Major banks are already talking about and beginning to use blockchain, a technology that could drive the digital transactions of the future. And it’s become a major buzzword in financial circles around the world for its potential to change the exchange of value as we currently know it. While the technology itself is in the very early stages of existence and is complicated to understand, businesses and entrepreneurs around the globe are looking at ways to effectively use it in the belief that blockchain […]
Banks trial blockchain solution to speed up guarantee process
ANZ and Westpac have teamed up with IBM and Westfield shopping centre owner Scentre Group to bring the bank guarantee process up to speed using blockchain technology. The trial, powered by IBM’s Hyperledger Fabric platform, replaces the paper-based bank guarantee process used for commercial property leasing with a digital ledger that becomes the central source of information for all parties. Distributed ledger technology underpins blockchain, with ANZ’s general manager of digital banking, Nigel Dobson, saying the trial showcases how the technology can be used to develop business solutions. “Whether it’s crypto currencies or other public applications of blockchain, so far they have not been business grade,” Mr Dobson said. “This […]
