US-based crypto exchange, Kraken, has rolled out its institutional services offerings in Australia and the United Kingdom, having previously launched its institutional business unit in the US earlier this year. The specific service Kraken is introducing to Australian and UK markets is called Kraken Custody offered through Kraken Financial…
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BNB Chain successfully completed its Haber hard fork yesterday, implementing the BEP-336 update which promises to improve the blockchain’s efficiency and reduce fees by up to 90%. BEP-336 is based on Ethereum’s recent EIP-4844, which introduced data structures known as ‘blobs’ and the concept of ‘proto-danksharding’…
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A report from Bloomberg has revealed previously unseen documents submitted to regulators detailing Elon Musk’s plans to add payment services to his social media platform, X, in 2024. Musk plans to bring Venmo-like functionality to the social media app, allowing users to store money in their account…
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The Australian Securities Exchange (ASX) has approved its first-ever Bitcoin spot ETF, with US-based investment management firm VanEck set to launch its VBTC product on the nation’s leading exchange this Thursday, June 20. VanEck’s fund isn’t the first Bitcoin spot ETF to launch down under, but it is the first to come to the ASX. …
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Beware, Australian crypto investors—the ATO has you in their sights! According to a report from the Australian Financial Review, the Australian Tax Office (ATO) will seek to access user account details from centralised crypto exchanges, so they can check if Australians have been paying their taxes on their crypto investments. …
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