When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, the price of bitcoin was hovering comfortably above $US13,500. By the time their 1020-foot-long ship pulled into Thailand on Wednesday, for an afternoon of bottomless drinks and crypto-focused talks on a sun-soaked private beach, bitcoin had cratered to $US10,000.
Investors are again spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.
Airbus has announced an order with Emirates worth $20 billion for the European planemaker’s flagship A380 superjumbo. Dr Roger Dargaville from Monash University speaks about strain on the energy grid from the increased demand for electricity over the coming days.
Global giant Amazon has short-listed 20 cities and regions for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs. South Korean policymakers join the global chorus of virtual-coin critics, saying Seoul is considering shutting domestic virtual currency exchanges.
In 2014 we looked at the big changes coming to credit reporting and what the extra data collected about you will mean. Telecommunications Consultant Paul Budde is critical of the politics behind the NBN rollout after it was revealed the majority of households will never be able to reach advertised speeds. Read more from smh.com.au…
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