More than 10 million Optus business and personal customers across Australia have lost communications on Wednesday morning across Australia, leaving them without internet access or the ability to make or receive calls, with several telcos using the Optus network also offline The problems, which are believed to have started around 4am, have effected everything from... Read more »

Startup Daily

09.11.2023

The Optus blackout explained: what's a ‘deep network’ outage and what may have caused it? - Startup Daily

The outage, one of the largest in Australia’s history, sent alarm bells ringing across the country.

Startup Daily

28.11.2023

Sweat re-equity: Bikini Body founders Kayla Itsines and Tobi Pearce buy back their fitness app - Startup Daily

The buyback was reportedly for a fraction of the rumoured $190 million paid for Sweat during the height of Covid lockdowns.

Startup Daily

28.11.2023

B2B BNPL BizPay, which hoped to list at a $400 million valuation, has been placed in voluntary administration - Startup Daily

Jonathon Keenan and Peter Krejci from BRI Ferrier were handed the books as voluntary administrators on November 23.

Cryptocurrency

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Startup Daily

13.10.2023

Not Fashionable Tech: The NFT bubble has burst, leaving around 23 million people with a worthless digital token - Startup Daily

A recent report covering about 73,000 NFTs estimated 70,000 are now valued at zero, leaving 23 million people holding a worthless “asset”.

Startup Daily

18.10.2023

The Australian government wants crypto exchanges to have a financial services licence - Startup Daily

A proposal paper on regulating the crypto exchange sector has been released by Treasury for feedback by December 1.

Startup Daily

06.11.2023

Sam Bankman-Fried's conviction for fraud at FTX is a reminder of the risk of crypto trading - Startup Daily

After a month-long trial, a New York jury took less than five hours to find him guilty on seven counts of fraud and money laundering.

Startup Daily

24.11.2023

Binance CEO departs after guilty plea over money laundering as US authorities belt the crypto exchange with a $6.6bn fine - Startup Daily

Binance CEO Changpeng “CZ” Zhao has resigned from the cryptocurrency exchange he founder as past part of a guilty plea deal with US authorities over money laundering and US sanctions violations, that involved funded terrorist groups such as Hamas. Zhao was hit with a US$50 million fine while his company will pay US$4.3 billion (A$6.6bn)... Read more »

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Job-ready sales talent edtech Earlywork banks $1.5 million Seed round - Startup Daily

Blackbird doubles down on Kiwi healthtech Carepatron in $6 million Seed round - Startup Daily

Anti-PowerPoint financial training startup Nuggets Academy raises $700,000 - Startup Daily

Fintech WLTH banks $14 million raise, ramps up digital lending with Mortgage Mart acquisition - Startup Daily

Career

Yeah, nah: Optus is down nationally - and six hours later, the telco still doesn't know why - Startup Daily

The Optus blackout explained: what's a ‘deep network’ outage and what may have caused it? - Startup Daily

Sweat re-equity: Bikini Body founders Kayla Itsines and Tobi Pearce buy back their fitness app - Startup Daily

B2B BNPL BizPay, which hoped to list at a $400 million valuation, has been placed in voluntary administration - Startup Daily

Cryptocurrency

Not Fashionable Tech: The NFT bubble has burst, leaving around 23 million people with a worthless digital token - Startup Daily

The Australian government wants crypto exchanges to have a financial services licence - Startup Daily

Sam Bankman-Fried's conviction for fraud at FTX is a reminder of the risk of crypto trading - Startup Daily

Binance CEO departs after guilty plea over money laundering as US authorities belt the crypto exchange with a $6.6bn fine - Startup Daily

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