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australian blockchain exchange says overhaul will Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

Will Australia's stock market rethink blockchain-based technology?

REUTERS/David Gray/File Photo Acquire Licensing Rights SYDNEY, May 19 (Reuters) - Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency.

Did blockchain failure shake trust in Australian exchange operator?

More than a dozen brokers, other market participants and people directly involved in the blockchain project told Reuters the failure had shaken trust in the Australian exchange operator.

Why did ASX end a blockchain-enabled shipping platform?

Soon after ASX shelved the project, A.P. Moeller-Maersk A/S (MAERSKb.CO) and IBM (IBM.N) ended a blockchain-enabled shipping platform, citing a lack of global cooperation. Recriminations were swift.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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