Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company

The owner of a top-tier Australian football club has walked away from buyout negotiations with a controversial cryptocurrency company. Owner Tony Sage confirmed Monday a deal to sell 80 percent of the equity in Perth Glory FC to the London Football Exchange (LFE) had been scrapped, according to Australian news source The New Daily. LFE […]

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It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin

By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. […]

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Crypto Firm Power Ledger Criticized for Rewarding Rogue Bounty Hunters

An Australian blockchain-based peer-to-peer electricity trading startup is on the receiving end of criticism for rewarding bounty hunters who used unscrupulous means to drive interest in its crypto token. According to the Financial Review, Power Ledger has been criticized for allocating free tokens to bounty hunters who made exaggerated or false claims regarding the startup […]

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