Author: Jody McDonald

The Australian Securities and Investments Commission (ASIC) announced yesterday that it is suing the Australian Securities Exchange Ltd (ASX) for misleading statements the exchange operator made regarding its now abandoned plan for a blockchain-based replacement to its Clearing House Electronic Subregister System (CHESS). ASIC alleges that statements made by ASX in February 2022 that the

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…

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’…

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…

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. …