A bitcoin convention in Sydney rings crypto alarm bells

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Nov 29, 2024 – 2.17pm

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The euphoric mood of the Australian Crypto Convention was established before thousands of people entered the doors in Sydney last weekend. Trance music was pumping from a DJ booth, next to the main ticket desk.

In the International Convention Centre in Darling Harbour, laser lights with the event’s name are scrolling the walls. At the entrance, a giant, orange, inflatable bull, horns pointing skywards, is advertising a $10,000 bitcoin giveaway for punters who signed up to the crypto exchange.

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