John Reed Stark, former director of the Securities and Exchange Commission’s (SEC’s) Office of Internet Enforcement, savaged the idea of softening the regulatory approach to the digital assets industry during his appearance at the SEC Crypto Task Force’s first roundtable event in Washington on March 21. Essentially, Stark argued that cryptocurrencies are indeed securities and […] The post Softer Crypto Regulations a Mistake, Leaves Investors Unprotected, Says Former SEC Director appeared first on Crypto News Australia ..read more

Tornado Cash surged over 76% within hours of the US government removing sanctions against them. A number of other privacy-focused cryptocurrencies also gained price momentum over the weekend. Tornado Cash had previously been accused of helping to launder hundreds of millions of dollars for Lazarus, a North Korean hacking group. The Tornado Cash founders were […] The post Sanctions Against Tornado Cash Removed by US Government, Following Court Ruling Amidst North Korean Controversy appeared first on Crypto News Australia ..read more

With Bitcoin trading in a range of around US$85k (AU$135k) for a while now, investors are wondering what’s next for the largest crypto. Is the bull market over or is there more to come? Related: Uber Driver to Bitcoin Millionaire – A Journey to Financial Freedom Whereas a few years ago FTX, Terra Luna and […] The post Bitcoin Holds Steady at $85k, Here’s What Comes in the Weeks Ahead, According to Analysts appeared first on Crypto News Australia ..read more

These are truly interesting times we’re living in. The sitting president of the largest economic and military superpower just shilled a memecoin to the whole world. His own memecoin, to be precise. Donald J. Trump, the current US President, took to his own social media platform, Truth Social, to say he loves the TRUMP memecoin […] The post “SO COOL”: Trump Promotes Memecoin, as BONK Soars and TRUMP Slides appeared first on Crypto News Australia ..read more

Paolo Ardoino, CEO of the largest stablecoin issuer, Tether (USDT), says the company wants to secure a full audit of its USDT reserves from one of the “Big Four” accounting firms: KPMG, Deloitte, EY, or PwC.  No specific firm has been named yet, but Ardoino believes Tether’s chances of obtaining a high-profile audit have improved […] The post Tether Looks to Teams Up with Big Four for Historic Audit Amid Stability Concerns appeared first on Crypto News Australia ..read more

A Bitcoin (BTC) wallet with over US$250M (AU$397M) worth of BTC has suddenly awoken after eight years of dormancy.  Data from blockchain analytics platform Arkham Intelligence reveals that the whale resumed activities over 20 hours ago, moving funds across multiple wallets labeled “250M BTC Whale”. This is a massive appreciation from roughly US$3M (AU$4.77M) in […] The post Sleeping Giant Awakens: $250 Million Bitcoin Wallet Stirs After Eight Years appeared first on Crypto News Australia ..read more

The DeFi sector is abuzz with the news of Sonic (S) developing an algorithmic stablecoin which could offer an attractive annual percentage rate (APR) of 23%. While stablecoins are usually pegged to an underlying fiat currency such as the US dollar, with prominent examples being USDT and USDC, an algorithmic stablecoin relies on being governed […] The post Sonic Reveals Plans for New Algorithmic Stablecoin With 23% Yield, Despite Terra-Luna Fallout appeared first on Crypto News Australia ..read more

Fraser explores his financial journey on the Tapping Into Crypto podcast. He highlights the highs and lows of his experience, while providing his perspective on how Bitcoin can be utilised as a powerful financial tool.  Bitcoin as a Financial Tool The current monetary system is one which Fraser describes as working against the ordinary person. […] The post Uber Driver to Bitcoin Millionaire – A Journey to Financial Freedom appeared first on Crypto News Australia ..read more

It’s been another bumper week fundamentally for the markets, and it was nice to see double-digit gains across many assets just over 24 hours ago. XRP alone saw an 11% move higher on the back of some massive news. More on this below.  But as we know crypto moves fast.  After seeing the overnight price […] The post On The Radar – What to Watch This Week in Crypto appeared first on Crypto News Australia ..read more

Compared to the launch of the US Bitcoin exchange-traded funds (ETFs), the start of Ethereum’s ETFs might seem a bit “meh”, as BlackRock’s, Robbie Mitchnick described it. The firm’s head of digital assets said at the Digital Asset Summit (DAS) in New York City that this would be a misconception, as the funds have performed […] The post ‘Less Perfect’: BlackRock Says No Staking for Ether ETF Limits Success of Funds appeared first on Crypto News Australia ..read more