ASIC

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)
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.
Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

(Stanbalik/Pixabay)
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.
(Stanbalik/Pixabay)

Sydney Opera House in Australia (Stanbalik/Pixabay)
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 pay the defen...
Sydney Opera House in Australia (Stanbalik/Pixabay)

Sydney Opera House in Australia (Stanbalik/Pixabay)
Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.
Sydney Opera House in Australia (Stanbalik/Pixabay)

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)
Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
"It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.
Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

ASIC Miners (Sandali Handagama/CoinDesk)
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-halv...
ASIC Miners (Sandali Handagama/CoinDesk)

Rendered image of Blockstream’s new ASIC Bitcoin miner (Blockstream)
Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024
The company expects to raise more capital to fund its mining business.
Rendered image of Blockstream’s new ASIC Bitcoin miner (Blockstream)

Parliament house, Canberra, Australia. (Unsplash)
Australian Regulator Had Internally Raised Concerns on FTX
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
Parliament house, Canberra, Australia. (Unsplash)

ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
The Canadian firm said 5,800 machines will provide computing power of upward of 630 petahashes per second by end of January. That's less than the October forecast of 1 exahash...
ASICs for mining bitcoin at HIVE Blockchain's facility in Boden, Sweden. (Sandali Handagama/CoinDesk)

Mawson is exchanging roughly 1,975 bitcoin mining rigs for a stake in Tasmania Data Infrastructure. (Shutterstock)
Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center
The move comes as more miners have begun using alternative sources of funds to support their expansion.
Mawson is exchanging roughly 1,975 bitcoin mining rigs for a stake in Tasmania Data Infrastructure. (Shutterstock)