Reading Time: 2 minOKX Australia announced that they have hired Ex-FTX Country Manager Jamie Kennedy. With many investors still seeking answers from FTX due to an estimated 30,000 Australians that lost up to $80 million to FTX that collapsed in November 2022. The majority of these losses were incurred by retail investors who had invested through FTX.
Reading Time: 2 minNational Australia Bank (NAB) has announced that it will be blocking transfers to cryptocurrency exchanges starting July 18, 2023. The bank cited concerns about the risks associated with cryptocurrency trading, including volatility, fraud, and money laundering. The decision is likely to have a significant impact on the Australian cryptocurrency market, making it more difficult for Australians to buy and sell cryptocurrencies.
Reading Time: 2 minIn recent months, there have been rumors circulating that Justin Sun, the founder of Tron, is secretly the owner of the stablecoin TUSD. These rumors have been fueled by a number of factors, including Sun’s close ties to TUSD’s issuer, Tether, and his history of making controversial statements about the stablecoin.
If the rumors are true, it would be a serious breach of trust. TUSD is a popular stablecoin, and its users would be right to be concerned if it was being manipulated by a single individual.
It is important to wait for more information before making any conclusions about the rumors regarding TUSD and Justin Sun. However, the rumors have raised important questions about the transparency and stability of the stablecoin market.
Reading Time: 4 minAs cryptocurrency exchanges face increasing regulatory scrutiny, some are exiting countries with slow regulation. This could have a negative impact on the cryptocurrency industry, making it more difficult for people to access cryptocurrencies and driving cryptocurrency trading underground. The cryptocurrency industry needs to work with regulators to develop a clear and consistent regulatory framework.
Reading Time: 2 minLooking for a cryptocurrency exchange that accepts AUD? This table lists the top cryptocurrency exchanges that accept AUD, along with their features, fees, and security ratings. When choosing a cryptocurrency exchange, be sure to consider the factors listed above, such as fees, security, features, and reputation.
