Asıc – Dec LM

How Bitdeer Is Transforming Bitcoin Mining Machines

Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin (BTC) mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast...

A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn’t Missed by a Concerned Industry

A regulator's comment at a crypto summit sparked industry concerns that companies may look to move abroad.

Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator

The Judge ruled that Bit Trade Pty Ltd. issued its financial product to retail clients without having first made a target market determination for the product.

Coinbase Concerned About ‘Ongoing Regulation by Enforcement’ in Australia, Despite ‘Healthy’ Regulator Talks

Last month, a senior regulator warned an audience of industry goers to fall in line with the precedents set in the recent cases it has filed against crypto entities.

Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch

Part of this case was ASIC's allegation that the Qoin Blockchain and the Qoin Wallets constituted one single scheme but the court disagreed.

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request

The court order came after markets regulator ASIC said the companies broke Australian law and provided financial services without a licence.

Australian Court Dismisses Lawsuit by Market Regulator Against Finder in ‘Landmark’ Ruling for Crypto Industry

The court found that The Australian Securities and Investment Commission (ASIC) did "not establish that the Finder Earn product is a debenture" and ordered it to hisse the defendant’s...

Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices

Blockstream's BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.