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The growing popularity of cryptocurrencies draws in flocks of new investors each year. Since blockchain technology is relatively new, most of the time, potential investors don’t have in-depth knowledge of this burgeoning tech. Some find it overwhelming. Others think it’s not for everyday consumers. Although at some point, that may have been the case, that’sRead more

The end of the Australian financial year is right around the corner. When it comes to a close on the 30th of June, you will have to busy yourself preparing tax returns, so you can lodge it before the deadline, which is on the 31st of October. As you probably already know, cryptocurrencies have takenRead more

Bitcoin has undoubtedly created a buzz all over the world. In the advent of cryptocurrency literacy, more and more people have gone crazy over buying and selling Bitcoins. But with this buzz comes more digital currencies that stood in their own niches. Litecoin is one of them. The use of Litecoin and its blockchain technologyRead more

Cryptocurrency has opened an entirely different venue for virtual exchanges since it began booming. Digital assets have been moved to and fro, and the value of the currencies have risen and dropped at a quick pace. Australia is one of the countries that have managed to impose regulations on trading and using the blockchain technologiesRead more

These days, Bitcoin is almost a mythical asset. There was a report of a man buying $27 worth of bitcoins back in 2009, forgot about it, then received a return of 3,281,500% when he sold it in 2013. Bloomberg had an entire article about Bitcoin millionaires. There’s an 18-year-old who became a Bitcoin millionaire. AndRead more

Note: I’m sure there will be more changes and updates from ATO and AUSTRAC in 2018, so I will keep this post updated with the most up-to-date information.   In today’s digital age, what seemed to be too futuristic ten years ago is now made possible. This applies to the concept of cryptocurrency. Who wouldRead more