Tag: Australia

The Government of Australia has a Detailed Plan for Blockchain

Following recent political developments, countries scramble to put together a blockchain strategy. In the case of Australia, a very lengthy and detailed report has been made public recently.  No region wants to be left behind in the blockchain space. Australia has High Hopes for Blockchain Despite ignoring this technology for many years, it has suddenly become of great interest to governments globally. China, for example, has made its intentions very …
[Read More]

Binance Donates $1 Million to the Australian Bushfire Donation Project

Bushfires continue to run rampant across Australia. A lot of money will be needed to put this threat to bed, as well as repair the damage done. The cryptocurrency community can be of great assistance in this regard. Binance Makes Another Positive Effort Earlier this week, Binance confirmed it would donate over 118 bitcoin, or nearly $1 million to this cause.  Given how these wildfires are the worst in decades, …
[Read More]

Australian Police Seizes Over AU$1.5m in Cryptocurrencies From Drug-dealing Couple

Criminals continue to use cryptocurrencies to mask them activities. Despite the lack of privacy and anonymity, it seems unlikely that this trend will come to an end soon. In Australia, two culprits were apprehended this week for selling various types of drugs. Two More Criminals Use Bitcoin and get Caught The Perth couple is suspected of dealing in MDMA and ecstasy tablets hidden in toy painting kits. Australian Border Force …
[Read More]

Australian Crypto Miner Mistakenly Raided Over Marijuana Grow Room Concerns

The concept of mining cryptocurrencies has attracted all kinds of attention lately. Either criminals get in on the action, or experts worry about the electricity consumption. It now seems Australian police wrongfully raided a crypto miner’s home over concerns he was growing cannabis. Crypto Mining and Growing Cannabis are Different Things The story coming out of Adelaide in Australia is quite interesting, albeit also slightly worrisome. A cryptocurrency miner who …
[Read More]