bitcoin
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Tech News: 5 Things to Know in Australia Today
From Albo saying no to an Australian TikTok ban to a Nissan data breach, here are five things headlining tech news in Australia.
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Coinbase Accounts Are Sinking to Zero in Mass Outage
Coinbase users are reporting that their accounts are showing a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe. This comes as Bitcoin’s price surged nearing its all-time high. “We are aware that some users may see a zero balance…
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Bitcoin Price Plummets Due to Hacked SEC Tweet
The Security and Exchange Commission’s X account was hacked on Tuesday afternoon, sending an untrue tweet that the Bitcoin ETF was approved. Chairman Gary Gensler quickly tweeted from his personal account that the tweet was false and the result of a hack. In the following 15 minutes, the price of Bitcoin shot up to almost…
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Binance May Sacrifice $4 Billion to Settle DOJ Case
The US Justice Department seeks $US4 billion from Binance to end a years-long investigation into the world’s largest cryptocurrency exchange, according to Bloomberg. Negotiations are reportedly underway that could subject Binance co-founder and CEO Changpeng Zhao (aka CZ) to criminal charges in the US. Bloomberg cites “people familiar with the discussions” as saying that the…