Cryptocurrency news stories
Big business in cryptocurrencies and cybercrime
As of June this year, about a quarter (26%) of Australians considered cryptocurrency as a good investment, and over 36% have at one point considered buying cryptocurrency as an investment.
Koinly, Cointree announce crypto tax partnership
"As the cryptocurrency space continues to rapidly grow in Australia, this partnership cements their commitment to crypto investors financial literacy."
Nvidia joins the list of brands favoured by fraudsters
“Crypto scams that involve images of celebrities, or power brands, have become trendy. We’ve witnessed campaigns with Elon Musk, Bill Gates, and Pavel Durov."
Crypto app downloads down as market crashes - report
It appears the mass FOMO around crypto investing may be wearing thin with new data revealing a noticeable drop in crypto app downloads this year.
Freelance tech jobs boom, NFTs and crypto plunge following crash
"Jobs for NFTs and crypto have dominated the past few quarters of our Fast 50 report, but as you can see they're now falling sharply."
NOWPayments launches new service to analyse cryptocurrency fees
NOWPayments has launched a new network fee optimisation solution that analyses current network fees and picks the most profitable option out of the client's payout wallets.
Prominent cryptocurrency trader hit by 'perfect storm'
A leading local crypto currency trading platform, BitPrime, says a "perfect storm" has hit its finances, forcing it to put a halt on operations.
Norton finds deepfakes and crypto scams rising in Australia
Norton says between January and March of this year, it thwarted more than 37,098,261 threats, the equivalent of around 403,241 threats per day.
Workday helps Swyftx make the right people decisions
Australian-owned and operated cryptocurrency exchange, Swyftx, uses Workday's Voice of the Employee platform to properly listen to employees.
Check Point discovers security flaw in major NFT marketplace
Check Point Research has identified a security flaw in Rarible, an NFT marketplace with over two million active users.
CryptoRom Bitcoin swindlers – what to look out for
Since the pandemic began, there has been a concerning surge in crypto and investment related scams in Australia, in particular, a spike in dating and romance scams.
Visa launches program to help SMBs navigate NFTs and crypto
Visa has launched a one-year immersion program designed to bring together a global cohort of entrepreneurs interested in building their business with NFTs.
Three eCommerce trends set to dominate in 2022
Digital commerce sales in Australia have jumped significantly due to pandemic business conditions. Regionally, digital commerce in APAC is expected to nearly double in size by 2025.
Malicious cryptocurrency scheme targets Android and iOS users
Researchers have discovered a sophisticated malicious cryptocurrency scheme that targets mobile devices running Android or iOS.
Bitcoin ATMs becoming more mainstream, increasing by 4,200% worldwide
Bankless Times has recently carried out research that highlights an increase of 4200% in global Bitcoin ATMs in the past six years.
When implementing eCommerce cryptocurrency payments, think safety first
More and more, consumers are looking for tangible utilisation of crypto in their everyday lives, and eCommerce companies are seeing this as an opportunity for new growth.
Study shows Australians prioritise protection over convenience
A recent study by McAfee has identified the shifts in needs, attitudes, and actions that will impact Australia in 2022.
The wild west of cryptocurrency fraud & How Kiwis are getting stung
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
ESET Research releases T3 2021 Threat Report summarising key cybersecurity research
ESET's Threat Report sheds light on the most frequent external attack vectors, the reason behind the rise of email threats, and fluctuating threats due to cryptocurrencies.
Cybercriminals laundered $8.6 billion worth of cryptocurrency in 2021 - report
Chainalysis is releasing its latest money laundering report analysing money laundering activity from the previous year.
2021 a year to remember for blockchain industry - report
Blockchain application research firm Huobi Research Institute has released its Global Blockchain Industry Overview and Trends 2021-2022 Annual Report.
Check Point Research reveals how hackers run token scams and 'Rug Pull' money - and how to avoid them
Check Point Research has revealed how scammers are altering smart contracts to create fraudulent tokens. They then use methods to "rug pull" money from people with altered smart contracts, leading to money heists.
Cryptocurrency trading in NZ below world average, but signs show increased awareness
A recent study has revealed that although cryptocurrency is still a growing market in New Zealand, the country's usage rate is still well below those of our overseas counterparts.
Major cryptocurrency losses for SMBs from BlueNoroff threat actor
Kaspersky has uncovered a series of attacks by advanced persistent threat actor BlueNoroff against small and medium-sized business, resulting in major cryptocurrency losses for the victims.