News Articles for DigitalX

DigitalX pours $19.7m into Bitcoin

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West Perth-based DigitalX has deployed almost all of the proceeds from its recent $20.7 million placement into Bitcoin.

DigitalX settles former CEO case

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DigitalX will receive more than 80 per cent of the funds recoverable from the 351BTC it lost in the collapse of crypto exchange Mt. Gox.

Board Moves December 1, 2023

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Our board moves wrap includes Dianne Angus, Geoff Pocock, Andrew Chapman, Tod McGrouther, Gaurav Gupta, Mark Licciardo, Joel Ives, Karen Logan, Joan Dabon, Harry Spindler, Dan Robinson, Stephen Parker, Ross Walker, Stephen Carter, Grant Lukey, Rhett Morson, Bruce Rathie, Alec PIsmiris, Geoff Stalley, Kenneth Hall, Cathy Moises, and Brady Hall.

DigitalX, Karis in row over crypto millions

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A Sydney-based fund manager has been tasked with safeguarding millions of dollars in bitcoin as DigitalX and its former chief butt heads over its ownership.

Backers stick tight amid crypto carnage

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Bad press amid a cryptocurrency downturn has done little to shake the faith of local observers.

Board Moves December 23, 2021

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Our board moves wrap includes Jonathan King, Mark Major, Adam Waterworth, Lisa Wade, Peter Richards, David Mendelawitz, and Anees Sabet.

Tsvetnenko surrenders, agrees to extradition

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Perth-based tech millionaire Eugeni 'Zhenya' Tsvetnenko has today agreed to be extradited to the United States, ending a three-year long legal battle.

Board Moves August 6, 2021

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Our board moves wrap includes Shane Wee, Cameron McLean, Joel Ives, Shannon Coates, Leigh Travers, Caroline Keats, and Michael Spreadborough.

Board Moves August 3, 2021

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Our board moves wrap includes Elizabeth Lee, Joel Ives, Will Banks, and Greg Dooley.

Board Moves July 21, 2021

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Our board moves wrap includes Leigh Travers, Colin Jones, Hansjoerg Plaggemars, and Tony James.

Tsvetnenko extradition hearing delayed

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An extradition hearing for Perth-based tech millionaire Eugeni Tsvetnenko has been postponed for the third time in 18 months.

Appointments May 1, 2020

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Our weekly appointments wrap includes Katt Osborne, Julian Hobba, Amar Nathwani, Paul Shillington and David Beros.

Board Moves July 11, 2019

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Our daily board moves wrap includes Paul Atherley, Robert Behets, Francisco Bellon Del Rosal, Toby Hicks, Peter Rubinstein, Brendan Shalders, Paul Dalgleish, and William Howard.

Board Moves July 8, 2019

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Our daily board moves wrap includes Samuel Lee, Ian Kerr, Heidi Beatty, Gary Cass, Shawn McCormick, and Peter Allchurch.

Board Moves July 4, 2019

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Peter Spitalny has resigned from the board of Ardiden.

Corporate finance deals May 13 to 17 2019

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Norwood Systems has closed its partially underwritten one-for-four entitlement offer, raising $1 million. Valid applications were made for $289,786 of shares, at 0.3 cents a share.

Cutting through tech funding maze

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SPECIAL REPORT: Tech startups in WA can raise capital if they know where to look and how to ask, a Perth seminar was told.

Blockchain innovators kicking goals

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A collaboration led by Curtin University and including local blockchain business Power Ledger has started its latest peer-to-peer trading trial in Fremantle, funded by the federal government's Smart Cities Initiative, while DigitalX has launched a new incubator for blockchain technology in Kings Park.

Building blocks for tech evolution

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A deal between manufacturing business Best Bar and tech hopeful Buildsort serves to highlight recent activity in Perth's blockchain space.

DigitalX slumps on ICO court claim

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Shares in cryptocurrency-focused DigitalX have fallen nearly 12 per cent today after the company revealed it has been served with a $US1.8 million claim in the Federal Court of Australia.

Perth crypto innovators crack the code

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A series of new blockchain plays and a growing assortment of associated businesses highlight how the new asset class is sparking entrepreneurship in Perth.

DigitalX opens crypto fund, launches website

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Local fintech company DigitalX has announced it will open a cryptocurrency-focused investment fund and launch two digital currency websites with Perth-based media company Multiplier.

Board Moves November 23, 2017

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Adrian Byass has resigned as non-executive director of Corazon Mining to focus on the increasing workload associated with European project development.

DigitalX attracts new major shareholder

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An Australian company operating in the bitcoin and blockchain space has committed to become a 40 per cent shareholder in software company DigitalX by way of a $4.35 million investment.

DigitalX partners with Lateral

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Perth-based software companies DigitalX and Lateral have teamed up to leverage each other's strengths in the creation of blockchain and ledger-based products.

Board Moves December 19-23, 2016

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Michael Bourne has resigned as executive director at ATC Alloys.Atlas Iron has appointed general counsel Bronwyn Kerr as joint company secretary.

New Perth CEO for DigitalX

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DigitalX has re-energised its board with the appointment of a Perth-based CEO as the software company seeks to move forward from revelations earlier this year that its founder is facing charges in the US for fraud.

Local companies in Deloitte fast 50

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Six Western Australian companies were winners in the 2016 Deloitte tech fast 50 awards, while NSW company Cashrewards took top spot overall.

Tsvetnenko charged with fraud in US court

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Local entrepreneur Zhenya Tsvetnenko has tendered his resignation from the boards of listed companies DigitalX and Tech Mpire after being indicted by US prosecutors for participating in a scheme to defraud mobile phone customers.

Changing fortunes for 40u40 winners

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From mining to agriculture, technology and finance, 40under40 award winners have been making news this year.

$90m boost for WA tech sector

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The wave of backdoor listings on the ASX has delivered nearly $90 million of extra capital to the tech sector in Western Australia, but the trend hasn't all been positive, research by Business News has found.

Digital CC raises $3m for AirPocket rollout

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Digital CC has completed a $3.5 million capital raising to fund the roll out of its remittance product AirPocket to Latin America and Caribbean markets.

Digital CC to launch remittance app

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Digital CC has announced it will be launching the beta version of its new remittance product AirPocket in the June quarter, shifting its focus away from the volatile bitcoin market.

Tech focus as Norwood Systems, rent.com.au boost backdoor moves

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A surge in the number of backdoor listings was one of the few positives on the stock market in 2014, and two new deals for technology companies show there is more to come.

Lithex, Mpire deal falls through

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Lithex Resources has scrapped its planned purchase of internet marketing business Mpire Media, which was the second business Perth entrepreneur Zhenya Tsvetnenko was seeking to list on the stock market.

Rent.com.au to list via reverse takeover

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Perth-based residential rentals-dedicated website rent.com.au is going public, unveiling a $10 million-plus plan to list on the Australian Securities Exchange via a backdoor listing through Select

Techs continue to list via back door

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The run of technology companies taking advantage of lacklustre mining stocks based in Perth is continuing, with three more backdoor listings expected to be completed this month and another towards the end of the year.

Digital CC shows promise for bitcoin future

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Bitcoin trader Digital CC has claimed a profitable entry into the computer-generated currency sector, highlighting a $630,146 profit for three and a half months of business, despite the vehicle through which it conducted a backdoor listing recording an $11.8 million loss for the financial year.

Bitcoins show result for Digital CC

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Perth company Digital CC has revealed its first sales results for investment in the virtual bitcoin industry with revenue reaching $US2.1 million to the end of June 2014.

SMS tycoon makes foray into Bitcoin

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Macro Energy will become the first Australian-listed company to enter the Bitcoin phenomenon under plans spearheaded by Perth SMS entrepreneur Zhenya Tsvetnenko.