On the 25th and 26th of November, Qntra ran a story in which we claimed the bitcoin.com.au domain name had been deleted due to a complaint lodged with auDA which outlined incorrect registrant information. In response to that article, Qntra received a statement from Shane Murphy on behalf of digitalBTC and Zhenya Tsvetnenko which can be read here. Shane Murphy clarified that the domain name had been dropped by Zhenya in his capacity as sole director of Magna Fortis Pty Ltd and not Executive Chairman of digitalBTC, an important distinction. Continue reading
Category Archives: Australia
Bitcoin.com.au Update
Qntra has received a statement from Shane Murphy on behalf of digitalBTC regarding the bitcoin.com.au domain name. Continue reading
Bitcoin.com.au Lost By Mistake
Update – Qntra has received a statement from Shane Murphy on behalf of digitalBTC regarding the bitcoin.com.au domain name.
Bitcoin.com.au has been inadvertently sold at auction via the Australian domain name drop catcher Netfleet at a price of AUD $36,300 or the equivalent of around USD $31,200. This marks the second time bitcoin.com.au has been sold in 2014, having been previously purchased at a price of USD $23,000 by Zhenya Tsvetnenko of Digital CC, the Australian company which trades as Digital BTC. Continue reading
Pizza Hut Computers Used To Mine Bitcoin In 2013
Up to 60 Pizza Hut stores across Australia are reported to have been used as part of a bitcoin mining and click fraud botnet during most of 2013. The incident lead to numerous stores halting trade and in some cases resulted in store computers and PoS devices remaining offline all day while the machines were reimaged. Continue reading
Sir Richard Branson: "Discuss Bitcoin At Next Month's G20 Summit"
With Virgin Galatic having failed to take him to the moon these past few days, Sir Richard Branson has penned an op-ed for the Australian Digital Currency Commerce Association. Published on October 30th, Branson talks about his passion for Bitcoin but cites that it has its problems. Continue reading
Australian Silk Road Merchant Sentenced To 11 Years Jail, Loses 24,500 Bitcoin To Boot
The Sydney Morning Herald is reporting that 24,500 bitcoins, which were seized during a search of a property in December 2012, will soon go to auction after a 28 day appeal period has expired. At the current bitcoin price, the State of Victoria will pocket around AUD $9.6 million or USD 8.4 million. As is typical in Australia, the proceeds of crime are sold via what is known colloquially as a police auction. It's unknown what date the auction has been set for. Continue reading
TorrentLocker Hits Mildura Based Businesses
Yesterday Qntra reported on the ransomware known as TorrentLocker spreading through Italian local councils. Today come reports of what is likely the same ransomware affecting local businesses in the region of Mildura, Australia. Continue reading
AFP's Lulzsec Leader merely naughty, avoids prison
Matthew Flannery, who according to the Australian Federal Police was a leader in Lulz Security or LulzSec, has been sentenced by a local magistrate to 15 months of home detention. LulzSec notably included FBI Informant Hector Xavier Monsegur, also known as Sabu, among its founding members.
Independent Reserve Becomes Australia's Latest Bitcoin Exchange
Independent Reserve today launched Australia's newest Bitcoin exchange, opening its doors to customers this morning. The Sydney based company, of which Adam Tepper is CEO, claims they will add a valuable source of liquidity to the growing Bitcoin market across the globe. Adam Tepper also stated that their last mover advantage has enabled the company to spend thousands of hours on R&D while learning from the mistakes made by other exchanges. This will enable IR to provide users with a platform that is "completely robust." Continue reading
digitalBTC Release September Quarterly Report
Digital CC Limited, the Australian Securities Exchange listed company which trades as digitalBTC, today released their quarterly statement for July through September, 2014. Continue reading