Today
How Michael Lewis made a fortune writing about money
The author’s nose for a story has made him a figure as influential in finance as most of the people in his books – and probably as rich.
- Jake Kerridge
This Month
- Explainer
- Blockchain
Why banks are looking at real-world asset tokenisation
Banks spend billions each year on systems to track and finalise millions of trades. Could crypto help to streamline processes?
- James Eyers and Jessica Sier
Tokenisation of real-world assets is the killer app for crypto
What if crypto was not only a speculative asset class but a new technology stack for financial markets?
- James Eyers and Jessica Sier
- Exclusive
- Israeli-Palestinian conflict
Crypto donations for Hamas being sought in Australia on Telegram app
Counter-terrorism authorities have been alerted to posts on the messaging platform seeking money to fund the militant group’s fight against Israel.
- Tom Richardson and Andrew Tillett
- Opinion
- Review
A TV actor wrote the crypto book Michael Lewis should have
When Ben McKenzie of The OC saw other celebrities cashing in on the digital coin craze, he got angry, righteous, and decided to correct the record.
- Myriam Robin
Bulk of 400 crypto exchanges to be ‘wiped out’ by new rules
New crypto regulations will wipe out the bulk of Australian-registered exchanges, insiders say.
- Jessica Sier and James Eyers
‘Tokenised’ assets could save markets $17b a year: RBA
The central bank estimates companies and the government could save $17 billion if real-world assets are created in digitised form.
- James Eyers and Jessica Sier
- Exclusive
- Regulation
Coinbase boss Brian Armstrong says SEC lawsuit ‘unhelpful’
The boss of the world’s only listed crypto exchange says his legal fight with US regulators is an unhelpful way to regulate a new industry.
- Jessica Sier
Crypto industry must ‘suffer’ for consorting with criminals
Mark Carnegie says cryptocurrency players must pay penance after making “common cause with criminals and scumbags”.
- Mark Di Stefano
MHC Digital Group founder Mark Carnegie on crypto regulation
"Whatever happens in terms of the regulatory framework ... we have nobody to blame but ourselves," says MHC Digital Group founder Mark Carnegie.
- Updated
Crypto exchanges to be regulated under bolstered licence regime
Assistant Treasurer Stephen Jones will detail the government’s crypto regulation plans at The Australian Financial Review Crypto Summit on Monday.
- James Eyers, Jessica Sier and Tom Richardson
How crypto is forcing banks, funds towards new digital asset markets
The market cap of cryptocurrencies is $1 trillion. But real-world assets are valued at $800 trillion. How much could be “tokenised” onto blockchains to create efficiencies?
- James Eyers
‘Billion dollar ticking bomb’ for SMSFs buying bitcoin
Crypto’s explosion in popularity has seen SMSF investors buy Bitcoin and Ethereum but some exchanges do not give investors formal custody.
- Mark Di Stefano
Ex-girlfriend says Bankman-Fried wanted to be US president
Former colleague Caroline Ellison also told a court that the FTX founder directed her to commit fraud before his cryptocurrency empire collapsed last November.
- Ken Sweet and Larry Neumeister
- Opinion
- Review
Did Michael Lewis get sucked in by Sam Bankman-Fried?
The bestselling financial author met the cryptocurrency boss at the apex of his wealth and influence. The pair may have become far too close.
- James Ledbetter
Fred Schebesta’s Finder claims its crypto product wasn’t money
Its lawyers laid out why the comparison website wasn’t beholden to existing regulations when it issued its now-defunct crypto product.
- Jessica Sier
Bankman-Fried brought to book
Sam Bankman-Fried fidgeted his way through his first week in court while onlookers juggled the blockbuster trial and Michael Lewis’ new book about him.
- Matthew Cranston and Jessica Sier
- Opinion
- Art
Michael Lewis on how Sam Bankman-Fried and FTX fell
The Moneyball writer’s account is among four new books to explore cryptocurrency’s boom and bust, its characters – and the ordinary people who lost so much.
- Brooke Masters
Crypto FTX co-founder admits ‘we did it’
Gary Wang, co-founder of collapsed cryptocurrency exchange FTX, has told a court that he and Sam Bankman-Fried committed wire and securities fraud.
- Matthew Cranston
Criminal or math nerd? Sam Bankman-Fried’s trial opens
Opening arguments in the FTX founder’s closely watched fraud trial have painted two very different pictures of the former crypto king before his company’s collapse.
- Updated
- Matthew Cranston
