Tag: Cryptocurrencies

New Regulations: AUSTRAC imposes $5,000 transaction limits, enhanced customer due diligence, and mandatory scam warnings on crypto ATMs. Harro’s Empires Sanctioned: The small South Australian crypto ATM operator had its registration revoked for non-compliance. Scam Statistics: Australians lost $3 million to crypto ATM scams in the past year, with 72% of victims aged over 50. Common Scams: Romance, investment, and extortion scams...

Total Unlocks: $3.3 billion in crypto tokens will be unlocked in June 2025, a 32% decrease from May’s $4.9 billion. Major Projects: Significant releases include Sui ($160 million) on June 1 and Metars Genesis ($193 million) on June 21. Unlock Mechanisms: $1.4 billion will be released through cliff unlocks, while $1.9 billion will follow a linear release schedule. Market Impact: The influx of tokens may lead to...