A look at the Australian Securities Exchange’s blockchain project, abandoned in November 2022, to replace its combined trading, clearing, and settlement system (Byron Kaye/Reuters)

Byron Kaye / Reuters:
A look at the Australian Securities Exchange’s blockchain project, abandoned in November 2022, to replace its combined trading, clearing, and settlement system  —  In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd , which runs the Australian stock exchange …

Michael McSweeney / The Block:
The Australian Securities Exchange paused its years-long blockchain project to replace its settlement and clearing system, saying it plans to write-off $175M  —  – The Australian Securities Exchange (ASX) is dropping a long-in-the-making blockchain-powered replacement for its CHESS settlement and clearing system.

Byron Kaye / Reuters:
An Australian court fined Uber A$21M for threatening cancellation fees it never charged and overstating fare estimates on some rides; ACCC sought a A$26M fine  —  An Australian court fined Uber Technologies Inc (UBER.N) A$21 million ($14 million) on Wednesday for threatening cancellation fees …

Byron Kaye / Reuters:
Australia’s e-Safety Commissioner says Apple and Microsoft are not doing enough to stop CSAM on their services, calling the companies’ responses “alarming”  —  An Australian regulator, after using new powers to make the tech giants share information about their methods …

Romain Dillet / TechCrunch:
French startup Fintecture, which helps companies digitize their B2B payments, has raised a €26M Series A from Target Global, Eurazeo, RTP Global, and others  —  Meet Fintecture, a French startup that wants to upgrade B2B payments.  While many payment companies have focused on B2C payments …

Emma Roth / The Verge:
A Facebook user shares a video of an alleged “Meta Quest Pro” VR headset, claiming Meta left the device, labeled “engineering sample”, in a hotel room  —  A prototype of Meta’s VR headset has surfaced  —  Images and, later, a video of a “Meta Quest Pro” virtual reality …