An Australian couple sold their land in a BTC-only sale

Two couples of vendors in Ballarat exhibited their 582m² land block for sale, accepting only Bitcoin payments. Why do people sell real estate for crypto, and how does the latter disrupt the real estate market? The land in question The block at 7 Magpie Street was bought by vendors Melissa Bower and Trudy Purcell in […]
Lancashire police recover £28m in Bitcoin fraud involving Australian crypto exchange

Police have seized £28 million (US$34 million) in assets from an international Bitcoin fraud gang that exploited a glitch in an Australian cryptocurrency trading website. As per the report by the Lancashire Telegraph, the investigation centered around James Parker from Blackpool, who identified the vulnerability in 2017. Over three months, Parker and his associates stole […]
Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto

AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27 million in Bitcoin (BTC), becoming the first major superannuation fund in the country to do […]