Jody McDonald

3 days ago | cryptonews.com.au | Jody McDonald

NFT marketplace Magic Eden has announced a new Trump-themed wallet is under development in collaboration with the team behind the $TRUMP memecoin. Initially Donald Trump Jr. and Eric Trump declared they were not aware of this wallet and the Trump Organisation had no involvement — it now appears though the collaboration is real.

4 days ago | cryptonews.com.au | Jody McDonald

Home ATMsCrypto ATM Scams Rip Off Aussies: Seniors Bear the Brunt By Jody McDonald In ATMs, Cryptocurrency, Scams A months-long investigation by AUSTRAC has found widespread compliance failures by crypto ATM operators, which has resulted in stricter operation conditions being imposed. Australians over age 50 were found to be responsible for almost 72% of crypto ATM transactions by value, with those aged 60 – 70 alone accounting for 29%.

1 week ago | cryptonews.com.au | Jody McDonald

Hester Peirce, SEC Commissioner and head of the regulator’s crypto taskforce, has told attendees at the Bitcoin 2025 conference in Las Vegas they need to deal with their crypto losses like adults. Peirce suggested that the crypto community has a tendency to want the government to stay away when they’re making profits, but asks for bail-outs when the losses start piling up.

1 week ago | cryptonews.com.au | Jody McDonald

ASIC has announced it is launching civil proceedings against Allan Guo, the former director of Blockchain Global, which operated the now defunct crypto exchange, ACX Exchange. ACX Exchange collapsed in 2019 leaving customers over AU$20 million out of pocket. The allegations against Guo relate to his dealings with customer funds and failure to keep accurate records. ASIC was spurred into action over Blockchain Global following reporting from The Guardian linking the company to known scams.

1 week ago | cryptonews.com.au | Jody McDonald

Cryptocurrency payments solutions provider, Alchemy Pay, has integrated PayID into its network, providing Aussie investors with another on and off-ramp option. The integration of PayID follows Alchemy Pay’s registration as Digital Currency Exchange Provider with AUSTRAC in January of this year. Alchemy Pay says the addition of PayID to its network will bring lower fees and faster processing times for Aussie crypto investors.