Australia News
Australian Blockchain Company Immutable X Cuts Staff Amid Crypto Crunch
Melbourne-based Australian crypto gaming startup Immutable has this week laid off at least 20 staff, many of them core members of its NFT tr...
Australian Inflation Hits 21-Year High as Crypto Market Eclipses $1 Trillion
The Australian consumer price index (CPI) has risen to 6.1 percent for the 12 months ending June 30, the country’s highest inflation l...
Aussie Blockchain Firm ‘Security Matters’ Lists on Nasdaq in $518 Million Merger
Anti-counterfeit tech company Security Matters will delist from the Australian Securities Exchange and merge with a SPAC (special purpose ac...
Blockchain Australia CEO Departs Without a Replacement
Steve Vallas, the CEO of Blockchain Australia, has announced via a LinkedIn post that he will step down from his position, leaving the compa...
Australia’s First NFT Gallery Opens on the Sunshine Coast
Australia’s first non-fungible token (NFT) gallery has opened at Baringa – a new suburb near Caloundra – on the Sunshine Coast...
Westpac Makes its Tentative First Steps Towards Crypto
After remaining silent on the topic for most of this year, major Australian bank Westpac has indicated its intent to enter the blockchain an...
Australian Financial Planning Association Backs ‘Crypto Rule Book’
The Financial Planning Association of Australia (FPA) is showing its support for a “crypto rule book”, calling to regulate crypto assets...
Reserve Bank of Australia Chief: Private Stablecoins May Be Better Than CBDCs
In a recent panel discussion of the G20 finance officials meeting in Indonesia, Reserve Bank of Australia (RBA) governor Philip Lowe signall...
Australia 5th in Global Crypto Rankings: Report
Australia ranks fifth among the world’s top crypto-friendly economies, according to the latest quarterly global cryptocurrency ranking...
Australian Open NFT Project ‘AO Metaverse’ Wins Big in Global Advertising Awards
The Australian Open Metaverse, in partnership with Melbourne Web3 studio ‘Run it Wild’, has won the first Cannes Lions award for an NFT ...
Adelaide-Based STEPN Announces $122 Million in Q2 Profits, Plans Buyback and Burn
On July 12, Adelaide-based move-to-earn platform STEPN announced a Q2 profit of US$122.5 million, which it says was generated through its pl...
Australia Ranks Last Out of 20 Countries in Digital Currency Ownership: UN Report
New data from the United Nations Conference on Trade and Development (UNCTAD) shows that only 3.4 percent of Australians own crypto, placing...