ASIC | Crypto Profit Bot

Commonwealth Bank puts crypto trading trial on ice as regulators dither

May 20, 2022

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Commonwealth Bank of Australia CEO Matt Comyn insists his bank will move forward with the second pilot of crypto services on its app once regulatory uncertainty is cleared up. 865 Total views 68 Total shares The Commonwealth Bank of Australia (CBA) has put its plans for a second pilot program of crypto trading services on […]

Australia’s first Bitcoin ETF could attract $1 billion after launch next week

April 20, 2022

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Australian investors will be able to trade its first Bitcoin spot ETF starting next week when the Cosmos Asset Management Bitcoin ETF launches on ASX Clear. 834 Total views 29 Total shares Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see […]

Commonwealth Bank’s plans to expand crypto services to 6.5M delayed by red tape

April 7, 2022

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One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all of its retail users. 477 Total views 23 Total shares Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. […]

Crypto mining reportedly rises in Thailand due to Chinese crypto ban

December 29, 2021

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Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. 1996 Total views 37 Total shares Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entrepreneurs and cryptocurrency businesses […]

Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0

November 12, 2021

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The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem. As time progressed, other consensus models like proof-of-stake (PoS) rose in popularity, especially as […]

ASIC targets pump and dump Telegram groups

October 15, 2021

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“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 4035 Total views 27 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On […]

Northern Data to obtain 33K ASIC miners through Bitfield acquisition

September 28, 2021

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Northern Data believes the acquisition will position it as a leading mining firm globally. 1168 Total views 15 Total shares Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield […]

Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

May 14, 2021

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Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. 6906 Total views 36 Total shares Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment […]

Bitcoin miner firm Ebang launches Ebonex crypto exchange

April 5, 2021

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Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invitation-only beta phase earlier this year. 4585 Total views 22 Total shares Ebang, a publicly listed company providing mining hardware for cryptocurrencies like Bitcoin (BTC), has officially announced the launch of its own crypto exchange. According to an announcement on Monday, qualified […]

Bitmain’s Antminer says Bitcoin rig sales won’t be affected by CEO departure

January 27, 2021

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After corporate infighting temporarily halted chip shipments in 2020, Bitmain’s Antminer team says business will resume as normal following former CEO Jihan Wu’s departure. 4660 Total views 16 Total shares Bitcoin (BTC) mining rig manufacturer Bitmain has issued a notice to customers stating that business operations will resume as normal in light of former chairman […]

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Category: ASIC