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Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
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Australian Woman Regrets Spending Rs 6.6 Lakh On Cosmetic Procedures To Look Like A Cat
A 29-year-old Australian woman who spent around AUD $12,000 (approximately Rs 6.6 lakh) on cosmetic procedures to make herself look like a cat says she regrets her "publicity stunt".
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DeepSeek Shatters Beliefs About Cost Of AI, Leaving US Tech Giants Reeling
Almost AUD 1 trillion was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese startup, DeepSeek, threatened to upend the US tech market.
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Study Abroad: Registration Begins For Destination Australia Scholarship, Check Details
The University of Queensland (UQ) will pay the scholarship in AUD $7,500 (approximately Rs 4,00,000) disbursements per semester.
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Facebook-Parent Meta Settles with Australia's Privacy Watchdog Over Cambridge Analytica Lawsuit
Meta Platforms has agreed to a AUD 50 million settlement ($31.85 million or roughly Rs. 270 crore), Australia's privacy watchdog over the Cambridge Analytica scandal. In June 2023, the country's federal court ordered Meta and the privacy commissioner to enter mediation.
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How Rain On Day 1 Of 3rd Test Led To Million-Dollar Loss For Cricket Australia
Only 13.2 overs were possible on Day 1 of the third Test, leading to a loss of AUD 1 million dollars for Cricket Australia.
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Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens
Australia has fined US-based crypto exchange Kraken $5.1 million (roughly Rs. 43 crores or AUD 8 million). The ASIC criticised Bit Trade, which operates Kraken locally, for improper marketing that led to financial losses for Australian citizens.
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"1000 AUD For Cat's Haircut": Wasim Akram's Hilarious Story Leaves Fellow Commentators In Splits
Pakistan thrashed Australia by eight wickets in the third ODI in Perth and clinched the three-match series 2-1.
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How Will Australia's New Visa Rules Impact Indians? Explained
This is a massive jump compared to the current student visa fees in Canada and the United States, which are CDN$150 (AUD$165) and US$185 (AUD$280), respectively.
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Australia's Macquarie University Announces Scholarship For Indian Students
Students enrolling in a 4-year undergraduate degree would receive up to AUD 40,000 over 4 years.
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Australia Stock Exchange Hires TCS to Rebuild Software After Ditching Blockchain-Based Effort
Australian stock exchange operator ASX said it had hired Tata Consultancy Services (TCS) to overhaul its clearing and settlement software, opting for a route that will take less customisation after ditching a much-criticised blockchain-based effort.
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Facebook Parent Meta Fined AUD 20 Million for Undisclosed User Data Collection
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling AUD 20 million (nearly Rs. 110 crore) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. The fine wraps up one strand of Meta's legal issues in Australia related to its handling of user infor...
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Binance Australia Customers Seen Selling Bitcoin at Discount to Rival Crypto Exchanges
Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were almost AUD 9,000 (roughly Rs. 4.8 lakh) lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly.
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Watch: Man's Huge Mistake While Getting Fuel For Boat At Petrol Station
The spillage continued until the man had used 231 litres of fuel, totaling AUD $536.76 (Rs 30,700).
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Uber Fined AUD 21 Million in Australia Over Misleading Advertisements About Fares, Cancellation Fees
Uber was fined AUD 21 million (roughly Rs. 115 crore) by an Australian court on Wednesday, for misleading customers over fares, and threatening cancellation fees that it never charged users. Uber apologised to Australian users on its website, and said it had made changes to its platform based on concerns that were raised with the ride-hailing firm.
-
Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
-
Australian Woman Regrets Spending Rs 6.6 Lakh On Cosmetic Procedures To Look Like A Cat
A 29-year-old Australian woman who spent around AUD $12,000 (approximately Rs 6.6 lakh) on cosmetic procedures to make herself look like a cat says she regrets her "publicity stunt".
-
DeepSeek Shatters Beliefs About Cost Of AI, Leaving US Tech Giants Reeling
Almost AUD 1 trillion was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese startup, DeepSeek, threatened to upend the US tech market.
-
Study Abroad: Registration Begins For Destination Australia Scholarship, Check Details
The University of Queensland (UQ) will pay the scholarship in AUD $7,500 (approximately Rs 4,00,000) disbursements per semester.
-
Facebook-Parent Meta Settles with Australia's Privacy Watchdog Over Cambridge Analytica Lawsuit
Meta Platforms has agreed to a AUD 50 million settlement ($31.85 million or roughly Rs. 270 crore), Australia's privacy watchdog over the Cambridge Analytica scandal. In June 2023, the country's federal court ordered Meta and the privacy commissioner to enter mediation.
-
How Rain On Day 1 Of 3rd Test Led To Million-Dollar Loss For Cricket Australia
Only 13.2 overs were possible on Day 1 of the third Test, leading to a loss of AUD 1 million dollars for Cricket Australia.
-
Kraken Fined in Australia for Legal Violations Resulting in Financial Losses to Citizens
Australia has fined US-based crypto exchange Kraken $5.1 million (roughly Rs. 43 crores or AUD 8 million). The ASIC criticised Bit Trade, which operates Kraken locally, for improper marketing that led to financial losses for Australian citizens.
-
"1000 AUD For Cat's Haircut": Wasim Akram's Hilarious Story Leaves Fellow Commentators In Splits
Pakistan thrashed Australia by eight wickets in the third ODI in Perth and clinched the three-match series 2-1.
-
How Will Australia's New Visa Rules Impact Indians? Explained
This is a massive jump compared to the current student visa fees in Canada and the United States, which are CDN$150 (AUD$165) and US$185 (AUD$280), respectively.
-
Australia's Macquarie University Announces Scholarship For Indian Students
Students enrolling in a 4-year undergraduate degree would receive up to AUD 40,000 over 4 years.
-
Australia Stock Exchange Hires TCS to Rebuild Software After Ditching Blockchain-Based Effort
Australian stock exchange operator ASX said it had hired Tata Consultancy Services (TCS) to overhaul its clearing and settlement software, opting for a route that will take less customisation after ditching a much-criticised blockchain-based effort.
-
Facebook Parent Meta Fined AUD 20 Million for Undisclosed User Data Collection
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling AUD 20 million (nearly Rs. 110 crore) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. The fine wraps up one strand of Meta's legal issues in Australia related to its handling of user infor...
-
Binance Australia Customers Seen Selling Bitcoin at Discount to Rival Crypto Exchanges
Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were almost AUD 9,000 (roughly Rs. 4.8 lakh) lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly.
-
Watch: Man's Huge Mistake While Getting Fuel For Boat At Petrol Station
The spillage continued until the man had used 231 litres of fuel, totaling AUD $536.76 (Rs 30,700).
-
Uber Fined AUD 21 Million in Australia Over Misleading Advertisements About Fares, Cancellation Fees
Uber was fined AUD 21 million (roughly Rs. 115 crore) by an Australian court on Wednesday, for misleading customers over fares, and threatening cancellation fees that it never charged users. Uber apologised to Australian users on its website, and said it had made changes to its platform based on concerns that were raised with the ride-hailing firm.
