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Digital currencies finish the year on a low

After trending sideways for most the year in a range between $8000 and $10,000, the price of Bitcoin dropped sharply in November and looks like ending the year around the $5,000 mark. Most of the other major cryptocurrencies have followed

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New cryptocurrency platform enables payments

Blockchain tech company Ivy and cryptocurrency broker HiveEx.com have joined forced to launch a new payment service IvyPay, which allows people to convert their cryptocurrency into ‘fiat’ currency. The IvyPay platform can be used to transfer cryptocurrency into fiat currency

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Crypto exchange launches tax calculator

KPMG and the cryptocurrency exchange operator Independent Reserve have launched an online tool to help digital currency traders and investors get a better understanding of their tax position. Crypto Tax Estimator was developed by KPMG. Available on Independent Reserve’s platform,

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The New Criterion

Tech Mpire (TMP) 8c Nineteenth century US department store magnate John Wanamaker famously said that half of the money he spent on advertising was wasted, but the trouble was he didn’t know which half. The same can be said for

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Token issuer suspends offer over ASIC concerns

Cryptocurrency exchange developer Byte Power Group has suspended an offer of tokens after the Australian Securities and Investments Commission raised concerns that it may be selling financial products without the appropriate licence. ASX-listed Byte Power, which has a cryptocurrency exchange

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Australian token issuer joins global payment network

Payments software company Novatti has entered the digital currency market, launching a utility token which it claims is the first Australian dollar-backed utility token. The token sits on the Stellar Network, a distributed ledger network that allows any currency or

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Token issue raises US$25 million

The market for initial coin offerings is getting tighter, with the regulator cracking down on what it sees as sub-standard issues. But there is still life in the market, as the latest First Growth Funds deal shows. In August, Global

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300,000 Australians trade digital currencies

Australian digital currency exchanges have more than 300,000 customers, with more than 232,000 of registering in 2017, according to new research. A report prepared for the Australian Digital Commerce Association by Accenture, Industry of the New, says that in February

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The New Criterion

Tech Mpire (TMP) 8c Nineteenth century US department store magnate John Wanamaker famously said that half of the

More »