As reported earlier, HSBC Australia has stopped customers from sending money to cryptocurrency exchanges. The sweeping change was made without prior notice and came as a surprise to customers. The bank said customers could still withdraw funds from crypto exchanges to HSBC bank accounts but anything vice versa is now being blocked from 24 July […] The post HSBC Australia Says Crypto’s Popularity with Scammers is Reason for Recent Block appeared first on Crypto News Australia ..read more

The verdict is in, Bitcoin and crypto are here to stay—at least that’s what Steven Fulop, the mayor of Jersey City in New Jersey says. Fulop announced Thursday via the social media platform X that Jersey City’s pension fund will be investing in Bitcoin ETFs, comparing the plan to the US state of Wisconsin’s pension […] The post Jersey City Pension Fund to Invest in Bitcoin ETFs, Mayor Says ‘Bitcoin Won’ appeared first on Crypto News Australia ..read more

The crypto community has been chomping at the bit to access spot ETFs for a range of assets. Bitcoin was naturally the first cab off the rank, with Ethereum not too far behind. It’s easy to be excited about the potential of these products. As we saw with Bitcoin, a traditional financial instrument can attract […] The post Like “Decaf”: Swissblock Say Owning Ethereum ETFs Means Missing Out on Staking Rewards appeared first on Crypto News Australia ..read more

Hoping to see more crypto exchange-traded funds (ETFs) after the launch of Spot Bitcoin and Ethereum funds in the US? Don’t hold your breath, says BlackRock. Related: ETH Dips as Analysts Predict More Trouble Ahead Post ETF Launch The American multinational investment company, with assets under management (AUM) of US$9.101 trillion (AU$13.88 trillion), is the […] The post BlackRock Sees Little Appetite for Crypto ETFs Beyond Bitcoin, Ethereum appeared first on Crypto News Australia ..read more

After over a decade of waiting Mt. Gox repayments have begun for over 20,000 customers, stirring mixed emotions among Bitcoin enthusiasts. Some investors feared that the sudden influx of Bitcoin might trigger a selloff, leading to a drop in prices. However, initial observations suggest a different trend.  CryptoQuant data suggested that over the last 48 […] The post Massive Bitcoin Movements Post Mt. Gox: Hold or Sell? appeared first on Crypto News Australia ..read more

ETH traders have taken the largest losses in the past 24 hours, with almost US$108M (AU$165M) in long positions liquidated. This comes as the second-largest crypto has dropped close to 5% over the same timeframe.  Related: TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard Data from Coinglass shows that more than 80,000 traders […] The post ETH Dips as Analysts Predict More Trouble Ahead Post ETF Launch appeared first on Crypto News Australia ..read more

Mining giant Marathon Digital (MARA) is in full swing after buying US$100M (AU$1.53M) worth of Bitcoin, readopting its “full HODL” strategy of adding Bitcoin to its balance sheet.  Per a press release, Marathon Digital intends to hold Bitcoin in its treasury, retain all BTC mined from operations, and periodically make strategic open-market purchases. However, the […] The post Largest Miner Marathon Digital Goes “Full HODL”, Adds to $1.28 Billion Bitcoin Stash appeared first on Crypto News Australia ..read more

The TON blockchain has witnessed an influx of people joining the ecosystem thanks to the network’s success in hosting several powerhouse GameFi titles. Apps like Hamster Kombat and Notcoin have secured millions of daily users within mere months, as users capitalise on the play-to-earn mechanic of such games.  The development team continues to be hard […] The post TON Blockchain Introduces Gasless Transactions with New Smart Wallet Standard appeared first on Crypto News Australia ..read more

Solana is taking more steps in bringing liquid restaking into its ecosystem after the Jito Foundation announced the release of an open-source code for restaking services. The code has not been audited, but it will lay the foundation for restaking in Solana, allowing decentralised applications (dApps) on the network to integrate restaking functionalities, providing them […] The post Jito Reveals Open-Source Solana Staking Program with Expanded Collateral Choices appeared first on Crypto News Australia ..read more

Classic video game publisher Atari has branched into the GameFi sector in collaboration with Coinbase’s Ether L2 solution, Base. The team is launching a blockchain-hosted version of retro arcade game Asteroids, with plans of more to come. The Web3 version of the game will use blockchain tech to record scores, grant NFT access passes and distribute weekly (and overall) prizes. Does anything else scream “the good old days” like sitting on a 70s-style couch, drinking a full-strength Coke and playing Asteroids on your Atari? Well, considering the demographic of most crypto investors, probably ..read more