australasia
An anonymous Bitcoin whale donated approximately $500,000 in BTC to cover the cost of Julian Assange’s private jet flight from the UK to Australia. Assange, the co-founder of WikiLeaks, returned to Australia after a high-profile plea deal with the U.S. government. This substantial donation was a response to an emergency appeal posted by Assange’s wife, Stella Assange, on social media. The plea deal and its implicationsAssange secured his freedom by pleading guilty to espionage charges brought by the U.S. government, with his five years in a London prison being counted as time served. Initially...
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Qatar Airways has entered discussions about potentially acquiring a 20% ownership stake in Virgin Australia Holdings Ltd, according to a report by the Australian Financial Review. The report, which cites two people familiar with the negotiations, indicates that this move could significantly reshape the competitive landscape of the Australian aviation market. Potential partnership with Singapore Airlines Virgin Australia is also considering selling a stake to Singapore Airlines. This strategic move aims to bolster Virgin Australia’s position against Qantas, the dominant airline in the country. ...
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Julian Assange, WikiLeaks founder and former editor-in-chief, will appear before court in Saipan tomorrow to allegedly plead guilty to a felony charge. After this, he will be returning home to Australia, according to WikiLeaks. But how do Australia’s governing politicians – and politicians further abroad – feel about Assange coming ‘home’? What are politicians saying? US spokespeople have differed wildly in their takes on Assange’s release, from being staunchly against it to welcoming it with open arms. “I am overjoyed,” said American independent presidential candidate Robert F. Kennedy Jr in ...
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The National Australia Bank (NAB) has reportedly ceased development of its Ethereum-based stablecoin, AUDN. This decision comes just a year after the bank first announced its plans to venture into the stablecoin space. The development team behind AUDN has since left NAB to pursue a new project called Ubiquity, supported by a consortium of investors including Animoca Brands, Merit Circle, and Concave. NAB’s retreat from AUDNThe cessation of AUDN development signals a significant pivot for NAB. According to the Australian Financial Review, the bank quietly discontinued the project and allowed th...
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The Australian Securities and Investments Commission (ASIC) has issued a cautionary statement to investors in anticipation of the launch of Bitcoin exchange-traded funds (ETFs) on the Australian Stock Exchange (ASX). The regulatory body highlighted the inherent risks associated with cryptocurrencies, emphasizing that investors should only use funds they are “prepared to lose.” ASX approves first Bitcoin ETFThis advisory comes in the wake of the ASX approving the country’s first spot Bitcoin ETF. The approval marks a significant milestone for the Australian financial market, introducing a new i...
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The Australian dollar has been losing ground lately to the USD, a trend which was exacerbated after the Fed communicated an even more hawkish interest rate policy stance for the US yesterday. Read more about the Fed’s interest rate decision and what it means The AUD/USD priceAt the time of this article going to press, the Australian dollar was trading at around $0.67 to the US dollar, giving up gains of around 0.25% since the Fed’s announcement. Yet the AUD has strengthened somewhat overall in the past month, rising 0.6% to the dollar overall in the last 30 days. Fortunately, the nation saw ot...
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