Tag: Australia

Report Shows Cryptocurrency Scams Remain Popular in Australia

Cryptocurrencies have become a lot more appealing to the masses over the past few years. With so many new people entering this ecosystem, criminals will try to exploit any and all flaws and weaknesses for some time to come. A new report shows that Australians lost AUD$2.1 million to cryptocurrency scams in 2017. Cryptocurrency Scams Remain a Problem Anyone who has kept a close eye on the cryptocurrency industry over …
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Staff of Australia’s Bureau of Meteorology Allegedly Mined Crypto with Government Resources

Cryptocurrency mining is of great interest to a lot of individuals and companies as of right now. Some people will even go as far as┬áto use work computers for this purpose. It seems two members of Australia’s Bureau of Meteorology are under investigation for mining cryptocurrencies with the bureau’s computing hardware. Bureau of Meteorology Staff in the hot Seat It is evident the concept of cryptocurrency mining can be rather …
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Drone Saves Two Children from Drowning in Australia

Drone technology has always been intriguing to industry experts and enthusiasts alike. In fact, it seems the idea of using drones in the real world may finally become a lot more appealing in the near future. Over in Australia, two lifeguards have successfully used a drone to rescue two swimmers. It is widely considered to be the world’s first success for this specific technology. It is good to see drones …
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Australian Banks Restrict Coinspot’s Deposit Capabilities, Other Services Unaffected

Most people who live in Australia will have come across the Coinspot cryptocurrency platform. It is an interesting company which facilitates the purchase of Bitcoin, Ethereum, and a few other cryptocurrencies as well. Unfortunately, the company is dealing with some significant issues which are affecting AUD deposits. It seems these problems will not be resolved anytime soon either, according to a new update. This is not good news for the …
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