Two in court over cocaine-filled excavator
The case of two men who allegedly imported cocaine welded into an excavator has been briefly mentioned in a NSW court.The matter was briefly mentioned in Queanbeyan Local Court on Monday and will return to court on January 13 after confirmation of charges.
DigitalX is a Blockchain company with offices in Perth, Sydney and New York. The Company offers blockchain consulting and development services and asset management services focused on technology , including Blockchain and emerging technologies .
Red tape is an idiom that refers to excessive regulation or rigid conformity to formal rules that is considered redundant or bureaucratic and hinders or prevents action or decision-making.
Crypto advisoris launching a less complicated bitcoin fund.
The company wants to grow its funds under management and utilise its bitcoin holdings. It will invest half of its bitcoin earnings into the fund — $2.75m based on a price per bitcoin of $12,800.
The fund will charge a management fee of 1.65 per cent annually but it won’t incur performance fees. It will only be available to wholesale and professional investors and it will not be listed.
Let's Take A Moment To Appreciate The Simple Brilliance Of The Car Cassette Adaptor
I got my driver’s licence toward the end of the 2000s, but even I caught on with the car cassette adaptor. All my friends had them because we drove cars that hadn’t completely eliminated the cassette deck quite yet. Thinking back, wasn’t this one the most brilliant and enduring mainstream car hacks of all time? It all began with an electrical engineer and serial inventor named Larry Schotz, according to this very excellent Vice story. The new cars we drive today are laden with the latest tech, everything from semi-autonomous driving functions, lane departure warning systems, automatic braking and, of course, Bluetooth connectivity.
Bitcoin 's 1,500 percent surge last year has stoked investor demand for any product with exposure to the red -hot asset. A host of companies are jostling to The Winklevoss fund is seeking to invest in bitcoin directly. Other fund firms staked their hopes on recently launched U.S.-listed bitcoin futures
Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. What Are Cryptocurrencies?
The company told shareholders the fund would have less administrative burden and risk associated with acquiring bitcoin. Investors will be able to select and store bitcoin using a secure wallet procedure and trade quickly.
While each individual crypto exchange usually requires a formal sign up, this won’t be required, according to DigitalX.
Traditional structure, new asset
DigitalX executive director Leigh Travers told Stockhead he expected to begin deploying capital in December following a roadshow later this month. He wants to emulate Grayscale’s bitcoin fund in the US.
“There has been investor caution in getting involved in the bitcoin space because of the rules,” he said.
“They don’t know how to custody, administer it in your super fund, how to account from a tax perspective.
Reboot: Big American techs just dropped $US150k to back one of their own for president
Here it is — your fortnightly tech stocks wrap. Industry focus A year out from the 2020 US presidential Read More The post Reboot: Big American techs just dropped $US150k to back one of their own for president appeared first on Stockhead.
A bitcoin ETF has been viewed as a natural next step in its maturation as an asset and could precipitate the entrance of more retail investors into the crypto market. But the idea of a bitcoin ETF has received pushback from regulators that don't think markets for cryptos are properly monitored.
The race to launch bitcoin funds is still likely to charge forward, analysts said, as fund managers rush to address the SEC‘s concerns and redesign their Merk said he knows of several funds that have examined the criticisms of the past filings and are determined to push through with their bitcoin ETF
“It’s a traditional investment structure with exposure to this new asset investors want to get involved in”.
DigitalX shares have had a rough few months, but settled the case in May.
Today, the stock rose 7 per cent at market open.
In other ASX tech news today:
Edtech company KneoMedia (ASX:KNM) reported that its content had been launched into schools for the first time. It also reported strong sales momentum in recent months – 12,500 Total Seat Licences have been sold since June in New York City alone. This first deployment triggers a $300,000 payment to the company from its distribution partner Dell.
EML Payments (ASX:EML) climbed 10 per cent this morning as its holds its AGM. It reiterated earnings guidance of between $38.5m and $42.5m for this financial year and net profit after tax of $26.2m to $29.4m.
The postappeared first on .
Man stabbed in Gold Coast tavern fight. .
A man will face court charged with inflicting grievous bodily harm after a 21-year-old man was repeatedly stabbed in a fight on the Gold Coast.Two men not known to one another became involved in a physical altercation at the licensed premises in Tugun about 6.30pm on Thursday, police say.