Caroline Malcolm, the Australian-born head of international policy at crypto security firm Chainalysis, believes the federal government will soon introduce regulatory reforms to offer everyday Australians a higher level of consumer protection. Regulations Likely Within Next Year The former head of the OECD’s global blockchain policy centre told attendees at the Chainalysis LINKS conference in...
Category: Business
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Bitcoin briefly dropped below $17,800 as sell-off accelerates — here’s what happened
Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Bitcoin bounced back to around $18,955 and ether...
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Jack Dorsey’s TBD to create Web5 on the Bitcoin blockchain
Jack Dorsey is not a supporter of Web3. In the past, Dorsey, alongside Elon Musk, has mocked the Web3 sector, saying that it does not focus on decentralization as its proponents claim. According to the former Twitter CEO, Web3 is owned by venture capital firms. Dorsey has now turned his attention towards Web5. TBD, a...
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Gold Coast Mayor Open to Rates Being Paid in Crypto
Gold Coast Mayor Tom Tate has suggested that rates could be paid with cryptocurrency in future years, despite the market crashing by $2 trillion — more than half of its total value — over the past six months. As the council prepares to hand down its annual budget on June 14, Gold Coast residents can...
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Ex-Disney CEO Bob Iger takes stake in Australian design company Canva, which has been valued at $40 billion
Former Disney CEO Bob Iger has acquired a stake in Australian design company Canva and agreed to be an advisor to the closely held company. “We’re incredibly excited to welcome Bob Iger as an investor and advisor,” said Canva spokesman Lachlan Andrews in a statement. “Bob brings a wealth of experience after 15 years at...
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Brave Browser now Integrates with Solana Blockchain to Expand Web3 Access
Brave announced on Wednesday it has added support for the Solana blockchain to expand Web 3.0 access for the browsers 15.5 million daily users. Brave’s goal is to make Web3 accessible to all. Our privacy-first browser—and browser-native crypto wallet—offer both an easy Web3 onramp for crypto novices, and a robust suite of Web3 tools for...
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Crypto, property profits to be targeted by tax office in new crackdown
The Australian Tax Office (ATO) has outlined four key areas it will target this financial year, with gains made on cryptocurrency, property and shares high on the agenda. As tax time looms, the ATO said this year it will be focusing on record-keeping, work-related expenses, rental property income and deductions and capital gains made from...
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Consumer confidence plunges to lockdown levels while Australians prepare for the polls
Australians’ confidence in the economy and their own financial situation has plunged to lockdown levels, just weeks before an election that is being fought on the rising cost of living. Here in Australia and globally, markets are considering rate hikes, inflation, war and supply chain woes. The latest consumer confidence data from Westpac shows it...
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Every market is saturated: How Dynamic Code created dominance within business consulting ahead of launching multiple brands within international markets
After exceeding its sales target of $9 million this financial year, Dynamic Code, an Australian digital advertising business, has launched many brands overseas. It’s another step forwards in the agency’s three-year journey, which began in 2012 in the bedroom of one of the co-founders. Tyler Franko, co-founder and head of Strategy & Growth at Dynamic...
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“Put yourself in the best position to win” – Entrepreneur Tyler Franko making a massive impact
Tyler Franko (born on August 22, 1990) is a South African-born entrepreneur, investor, and online personality based in Sunshine Coast, Australia. He is the co-founder, chief visionary officer, and lead developer at Dynamic Code; founder of triangl. software, and co-founder of Leads & Listings. Tyler Franko was born to a Canadian father and German mother,...