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10 things you need to know this morning in Australia

Tuesday 12 January 2021

Business Outsider

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10 things you need to know this morning in Australia

Good morning, folks. It's Wednesday!
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Australians are flooding back into cryptocurrency markets as the price of Bitcoin surges

Australians are again diving into the cryptocurrency market as the price of Bitcoin soars to over $40,000. Caroline Bowler, CEO of BTC Markets, told Business Insider Australia the exchange had onboarded one-sixth of its yearly customers in just six days in January as demand swells.
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Josh Frydenberg has ruled out another JobKeeper extension, saying the early vaccine rollout has improved the economic outlook

The Australian Treasurer Josh Frydenberg has ruled out another extension to JobKeeper, trumpeting its success to date. Despite urging from businesses, Frydenberg remains firm that the measure will expire in March as intended.
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Telegram hits 500 million active users following backlash over WhatsApp's changing privacy policy

Telegram hit the 500 million active user milestone in the days following backlash over WhatsApp's changing privacy policy. The messaging app announced it had 25 million downloads in the last 72 hours. Competitor Signal has also seen a boost in users in the last several days.
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Spotify has removed Pete Evans' podcast from its platform for promoting COVID-19 conspiracy theories — but it's still available elsewhere

Australian conspiracy theorist Pete Evans' podcast has been removed from Spotify, the company confirmed. The company says that content that "promotes dangerous false, deceptive, or misleading content about COVID-19" will be removed from its platform.
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The Shaver Shop saw a boom in sales thanks to locked-down Aussies grooming at home

ASX-listed retailer Shaver Shop is hoping a widespread return to the office will help maintain its soaring profit and sales figures as workers swap their unruly lockdown beards for a more professional trim.
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A German programmer has 2 chances to correctly guess the password to his hard drive or he'll lose $220 million

Stefan Thomas, a German-born programmer living in San Francisco, told The New York Times this week that he had two chances left to guess his password to a hard drive that holds the keys to his wallet with $US220 million worth of bitcoins.
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Aussie tiny house accommodation provider CABN gives guests a native tree to plant when they book a stay

Australian company CABN has a range of off-grid tiny houses available for bookings in South Australia and Victoria. Founder and CEO Michael Lamprell told Business Insider Australia that he wants guests to be able to switch off all their technology and relax among nature.
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Airwallex are currently offering a corporate expense card with up to $500 cashback

Australian fintech Airwallex is celebrating their fifth birthday with a corporate expense card offer. Businesses can earn up to $500 cashback. Visit Business Insider Australia's homepage for more stories.
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