by admin | Apr 26, 2018 | News & Analysis
Promoters ‘pump’ up the price of a security creating a speculative frenzy, then ‘dump’ some of their holdings at artificially high prices. Ernst & Young estimates that 10 per cent of the money raised for initial coin offerings has been stolen....
by admin | Apr 25, 2018 | News & Analysis
Crossbencher Rex Patrick will push the Turnbull government on tougher whistleblower protections in the wake of revelations from the banking royal commission, but maintains the controversy shouldn’t be conflated with company tax cut negotiations....
by admin | Apr 23, 2018 | News & Analysis
If big banks forge documents or charge for a service they don’t deliver, Australians wait an average of five years before getting a refund. New reforms announced last week will see banks who break the law facing fines as high as $210 million and equip the...
by admin | Apr 23, 2018 | News & Analysis
ANZ, the nation’s third largest mortgage lender, is boosting scrutiny of clients’ personal identity, income, qualifications and capacity to repay loans amid evidence of wide-scale identity theft....
by admin | Apr 23, 2018 | News & Analysis
DUBAI (Reuters) – Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis....
by admin | Apr 23, 2018 | News & Analysis
A joint investigation between Tokyo and Hyogo police into an alleged fraud involving a bitcoin worth ¥190 million has led to the arrests of 12 individuals in total....
