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How to Spot a Bitcoin Scam
Bitcoin’s decentralised, permissionless, borderless nature means that anyone can start accepting payments from anyone anywhere in the world without incorporating in regulated jurisdictions and setting up bank accounts or merchant facilities. As the Bitcoin price rises and gets mainstream coverage, it has given rise to many scams targeting retail investors. As with any financial product, […]
How is Bitcoin Mined? How to Mine Bitcoin
Today we’re diving into the digital mines of the crypto world and aim to decode the process of mining Bitcoin. This is a crucial process to understand before deciding to buy Bitcoin. Like how traditional mining unearths valuable resources like gold or diamonds, Bitcoin miners using their computational powers mine Bitcoins. The fluctuations in Bitcoin’s […]
Bitcoin Aussie System High Profile Cryptocurrency Scams and What You Can Learn from Them
Ideally, a cryptocurrency scam would be caught, the perpetrators put away, and that would be the end of it. Unfortunately, sometimes a scam is revealed and those behind it get away only to do it again. Or the scam was initially so successful that copycats appear despite the apprehension of the original scammers. As a […]
5 Must-Read Books to Understand Blockchain and Cryptocurrencies
The world of blockchain and cryptocurrencies is expanding and going mainstream. A few years ago, it was the topic of discussion of a small community. Today, the crypto world is slowly but surely becoming a part of the world we all live in. Blockchain technology becomes a part of many leading industries. And cryptocurrencies, like […]
Has the 1988 Economist Magazine Prediction come true?
The Economist magazine published a January 1988 article titled Get Ready for the Phoenix. Thirty years later, has the phoenix risen at last?
Who Can Benefit from the Spread of Crypto ATMs?
Bitcoin is great for online purchases from a number of suppliers. It’s also fairly easy and convenient to exchange it online for other currencies. However, as few brick-and-mortar retailers accept it, it’s not of much use around town. If only there were crypto ATMs.
Nakamoto Candidate Ordered to Surrender Bitcoin
Dr. Craig Wright, the self-proclaimed Bitcoin inventor, has been ordered to surrender half of his cryptocurrency assets. The ruling, which came from a Florida judge earlier this week would be run-of-the-mill. That is, if we weren’t talking about billions of dollars and the potential unmasking of Satoshi Nakamoto.
What is Ripple? The Cryptocurrency for Global Payments
Even though we are called Bitcoin Australia, Bitcoin is not the only cryptocurrency that we trade. We’ve also traded Ether for a while now, and have added some other cryptocurrencies to the roadmap. That includes Ripple (XRP). So, what is Ripple? And, how does it compare to other cryptocurrencies?
Cryptocurrency Tax Software CryptoTrader.Tax Now Available in Australia
Updated 2022 – CryptoTrader.Tax has rebranded to Coinledger.io Cryptocurrency traders need to pay taxes for capital gain according to the latest regulations issued by the ATO (Australian Tax Office). The tax authority is planning to create a task force specifically for fighting crypto tax evasion.
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