The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law firm.Queensland-based law firm Salerno Law plans to file a lawsuit accusing BPS Financial Limited — the company behind the QOIN token — of engaging in misleading and deceptive conduct, pyramid selling of financial products, … [Read more...] about Aussie firm to launch $100M class action over dodgy QOIN token
Aussie
Aussie Bitcoin miner to reportedly raise $200M ahead of Nasdaq listing
Iris Energy, a Sydney-based Bitcoin (BTC) mining firm that invests in data centers powered by renewable energy sources, reportedly plans to raise new funds ahead of the expected Nasdaq listing.Bloomberg reported that the new fundraising round is looking to raise roughly $200 million to prepare for the United States exchange listing. Iris Energy has already met with prospective … [Read more...] about Aussie Bitcoin miner to reportedly raise $200M ahead of Nasdaq listing
Aussie state government blockchain platform may prevent a tower block inferno
Big Four accounting firm KPMG has partnered with Australian property developers Mirvac to develop a blockchain-based platform to track the provenance of buildings. The platform was commissioned by the New South Wales state government.Taking inspiration from supply chain initiatives to track beef products using blockchain, the platform will allow property insurers, investors, … [Read more...] about Aussie state government blockchain platform may prevent a tower block inferno