Home AusWeekly Staff

Author: AusWeekly Staff

Post
Peter Dutton denies being mystery politician behind ‘complete psycho’ text message

Peter Dutton denies being mystery politician behind ‘complete psycho’ text message

Peter Dutton has strongly denied he is the unnamed politician who called Prime Minister Scott Morrison a “complete psycho” in leaked texts. The spotlight turned to the defence minister on Sunday night when former NSW Premier Bob Carr sensationally claimed on social media that he was the man behind the message. “The minister who shared...

Post
UN: North Korea’s Missile programme funded through stolen crypto

UN: North Korea’s Missile programme funded through stolen crypto

North Korean cyber-attacks have stolen millions of dollars worth of cryptocurrency to fund the country’s missile programmes, a UN report briefed to media says. Between 2020 and mid-2021 cyber-attackers stole more than $50m (£37m) of digital assets, investigators found. Such attacks are an “important revenue source” for Pyongyang’s nuclear and ballistic missile programme, they said....

Post
Australians spend more than $50 million on crypto transaction fees

Australians spend more than $50 million on crypto transaction fees

Australians rushing to invest in cryptocurrency may find themselves paying larger than expected surcharges as new data estimates more than $50 million has been spent on fees alone. Financial comparison site Finder estimates that based o the average Australian crypto investment of $2078, a “conservative” transaction fee of 0.6 per cent would equal a collective...

Post
Aussie billionaire launches criminal case against Facebook

Aussie billionaire launches criminal case against Facebook

An Australian billionaire has launched a criminal case against Facebook, alleging the company failed to prevent scam ads that used his image. Andrew Forrest argues Facebook breached Australian anti-money laundering laws over the spread of cryptocurrency cons. He said it was the first time Facebook was facing a criminal case globally. Facebook’s owner, Meta, did...

Post
$20 Billion Fund Suggests Ethereum Could 75x in Next 10 Years

$20 Billion Fund Suggests Ethereum Could 75x in Next 10 Years

ETH achieved major milestones in 2021 including capturing US$10 billion in transaction fees from the network. ETH also surpassed Stripe into second position in global transactions by dollar value in 2021. In 2021, the network underwent an upgrade called “London EIP-1559” which changed the way ETH fees worked and which has brought up issues of...

Post
Beijing 2022 are officially open after stirring opening ceremony at the Bird’s Nest

Beijing 2022 are officially open after stirring opening ceremony at the Bird’s Nest

The 2022 Beijing Winter Olympics are officially open, after a stirring opening ceremony at the Bird’s Nest. The Games begin as the athletes march in freezing conditions. While the Australian team looked great, American Samoa’s flagbearer and sole athlete at these Games Nathan Crumpton stole the show as he carried his nation’s flag shirtless in...

Post
Coinbase Lists Solana-Based Project Tokens for First Time

Coinbase Lists Solana-Based Project Tokens for First Time

Coinbase on Monday began accepting inbound transfers of two Solana ecosystem tokens, FIDA and ORCA, confirming CoinDesk’s earlier reporting. Announced in a tweet (per a new policy), the expansion adds SPL tokens (Solana’s ERC-20 equivalent) to Coinbase’s token menagerie for the first time. It previously stuck to layer 1 coins and tokens built atop the...

Post
Sources of millions in funding to Labor and Liberals kept secret in political donations disclosures

Sources of millions in funding to Labor and Liberals kept secret in political donations disclosures

The source of tens of millions of dollars in electoral funding remains a secret, with political parties not disclosing where more than a third of their income comes from. The Australian Electoral Commission’s annual release of financial disclosures by political parties has revealed some of the major donors in 2020-21, but has also raised questions...

Post
Rihanna is pregnant, expecting 1st child with A$AP Rocky

Rihanna is pregnant, expecting 1st child with A$AP Rocky

Rihanna, 33, is expecting her first child with rapper A$AP Rocky, 33. The couple was photographed out in New York City over the weekend, where the singer and fashion mogul officially debuted her baby bump while wearing an unbuttoned pink puffer and colorful jewels. “SHE IS!” photographer Diggzy captioned a photo he snapped of the...

Post
Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears

Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears

Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices. The Bahamas-based company said Monday that it raised $400 million in a Series C financing round — its third fundraise...