ASIC
Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.
Core Scientific to Pay Outstanding Debt with Mining Machines
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
Australia's Government is Bolstering Its Market Regulator's Digital Asset
The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.
Australian regulator sues Finder.com for crypto yield offering
Australia's financial services authority is suing Finder.com for selling a bitcoin yield-bearing instrument without a license. Finder disputes ASIC's accusation that a registered exchange product was unlicensed, but it hasn't said whether it would contest the complaint. After Block Earner last November, it's the regulator's second domestic crypto income product supplier. ASIC sued Finder.com for selling three crypto-backed fixed-yield products without an AFS license. The regulator's third action against crypto financial products and businesses in three months. When asked whether it will fight the action, Finder declined to respond.
Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator
Australia's ASIC has sued BPS Financial Pty Ltd for misleading investors about Qoin Token
Aussie Regulator Halts 3 Crypto Funds Belonging to Holon Investments
The Australian regulator, ASIC has issued a stop order, halting three major funds linked to Holon Investments
Web3 Running App STEPN Launches NFT Sneakers with STEPN
Move-to-earn Web3 running app STEPN has partnered with ASICS to release a limited edition of "STEPN x ASICS NFT Sneaker" Mystery Box Collection.
Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners
Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.
Aussie Trading Platform Collapses after User's Damning Complaints
MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.
Australia’s Securities Regulator Approves the Launch of Crypto ETFs
Australia Securities and Investments Commission (ASIC) has finally opened the door for crypto ETFs to trade on Australian stock exchanges.