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Commonwealth Bank Seeks Leading Blockchain Role with Sydney Conference
The Commonwealth Bank of Australia will host a two-day blockchain conference in Sydney next month in an attempt to explore the technology's potential.
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The Commonwealth Bank of Australia will host a two-day blockchain conference in Sydney next month in an attempt to explore the technology's potential.
According to a Computerworld report
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, the bank – which recently partnered with distributed ledger startup R3CEV and has experimented with Ripple's technology – has teamed up with Coala, a research organisation which had already organised an international series of blockchain events.
David Whiteing, CIO at Commonwealth Bank, said:
"Blockchain has the potential to transform banking in the way that the Internet transformed how we buy music and watch movies ... It's an exciting time in the development of this technology and our involvement means Commonwealth Bank is set to be at the forefront of this in Australia for the benefit of our customers."
The workshops are expected to explore blockchain technology, any regulatory issues and its potential within the country.
Joi Ito, director of MIT Media Lab, who will discuss the role played by universities in facilitating innovation and Lawrence Lessig, the Roy L. Furman Professor of Law at Harvard Law School.
The news comes after reports suggested the Australian Competition and Consumer Commission (ACCC) confirmed that it was investigating the actions of banks in the country, after they reportedly closed down the accounts of various bitcoin businesses.
Sidney image via Victor Maschek / Shutterstock.com
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold
Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.
Yang perlu diketahui:
- During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
- Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
- Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.
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