DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings.

DigitalX Buys 74.7 BTC

In a recent X social media post on July 23, DigitalX confirmed the addition of 74.7 BTC to its treasury. The acquisition, completed at an average price of $117,293 per BTC, reflects the company’s ongoing commitment to its Bitcoin-led strategy. This latest purchase has raised the crypto fund manager’s total Bitcoin holdings to 499.8 BTC, valued at approximately $91.3 million. 

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Notably, the company also announced and expanded on the details of this large-scale Bitcoin purchase in an official statement on Investorhub. Of its total 499.8 BTC holdings, 306.8 BTC are held directly by DigitalX, while the remaining 193 coins are held indirectly through 881,000 units in its ASX-listed Bitcoin ETF, BTXX. 

The recent addition of 74.7 Bitcoin follows an earlier acquisition of 57.5 BTC disclosed by the company on July 18, 2025. These back-to-back purchases demonstrate a continued reallocation of DigitalX’s digital asset treasury toward Bitcoin. The firm’s total treasury, excluding cash, now exceeds $104.4 million.

As part of its long-term crypto strategy, DigitalX’s targeted portfolio adjustment reinforces its role as a leading institutional-grade Bitcoin investment vehicle on the Australian Securities Exchange. The crypto fund manager highlights its latest acquisition as a key step in its ongoing effort to establish Bitcoin as its core treasury reserve asset. 

Shareholder Focus Sharpens As Bitcoin Treasury Value Rises

According to its official statement, DigitalX’s strategy goes beyond simply growing its BTC reserve. It also aims to enhance shareholder value through consistent and transparent reporting. The crypto fund manager now tracks its Bitcoin holdings per share in Satoshis (Sats), the smallest unit of BTC. 

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As of the latest update, DigitalX’s BTC per share stands at 33.88 Sats, marking a 58% increase in its Bitcoin treasury value since June 30, 2025. This figure reflects the impact of recent acquisitions and provides a somewhat measurable benchmark for investors assessing exposure to the company’s considerable portfolio. 

By prioritizing Bitcoin accumulation and optimizing its treasury structure, DigitalX continues to position itself as a prominent crypto-centric firm—one that views shareholder value as directly tied to the strength and growth of its BTC holdings. The company is also doubling down on its long-term vision of leveraging the flagship cryptocurrency as a strategic financial foundation. 

Leigh Travers, former CEO and present Non-Executive Chairman of DigitalX, reaffirmed the company’s commitment to its digital asset goals, stating that it aims to steadily grow its BTC portfolio throughout the year and well into the future.

Featured image from Pixabay, chart from Tradingview.com

The court has dismissed the financial regulator ASIC’s suit to impose penalties on the digital asset platform.

Per a Tuesday judgment, the court found that the discontinued ‘Earner’ product was a loan, not a managed investment scheme.

The Earner product was offered from March to November 2022, allowing customers to ‘loan’ specified crypto in return for interest paid at a fixed rate.

ASIC Loses Block Earner Suit

The Australian Securities and Investments Commission (ASIC) initiated the case, alleging violations of corporation laws by both Block Earner’s ‘Access’ and ‘Earner’ products.

Per the announcement, the “ASIC is seeking declarations, injunctions, and pecuniary penalties from the Court.”

The Australian Federal Court issued a ruling in February 2024, imposing penalties over the ‘Earner’ product. According to Judge Ian Jackson’s order at the time, the products were deemed to require an AFSL license.

However, another ruling in June 2024 relieved Block Earner from paying a penalty in the local financial regulator’s legal action, as the crypto firm has “acted honestly and not carelessly when it offered the Earner product.”

The regulator believed that Block Earner should pay a penalty of as much as $350,000, the Tuesday judgement read.

Justices David O’Callaghan, Wendy Abraham and Catherine Button have dismissed the ASIC’s appeal made last year. Further, the trio had ordered ASIC to cover all legal costs from both the original trial and the appeal.

Per the regulator’s recent press release, ASIC noted that it is “considering this decision” of the Federal Court.

No Plans to Re-Introduce ‘Earner’ Products

Despite the legal victory, Block Earner noted that it has no plans to re-launch its ‘Earner’ products for Australian customers.

Speaking to local media, Block Earner co-founder James Coombes said the Earner product was voluntarily closed in November 2022. Further, he stressed that there is no intention to reintroduce it.

“This case highlights the importance of ensuring regulations evolve alongside technology,” he said. “Without modernised guidance, Australia risks losing fintech innovation to offshore markets more supportive of responsible crypto entrepreneurship.”

Additionally, Block Earner co-founder Charlie Karaboga said that the ruling “brings closure to a long and difficult process.”

The post Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner appeared first on Cryptonews.

​The Termite ransomware gang has claimed responsibility for breaching and stealing sensitive healthcare data belonging to Genea patients, one of Australia’s largest fertility services providers.

The IVF (in vitro fertilization) provider has been operating since 1986 (when it was known as Sydney IVF). It offers a wide range of services, including fertility treatments, tests, genetic services, preservation options, and donor programs, in 22 fertility clinics in New South Wales, South Australia, Western Australia, Melbourne, Canberra, and Queensland.

According to Australia’s national broadcaster, Genea and two other companies (Monash IVF and Virtus) account for over 80% of the industry’s total revenue in the country.

Genea first revealed last Wednesday it was investigated a “cyber incident” after detecting “suspicious activity” on its network. In an updated statement issued today, the fertility services giant confirmed the attackers stole data from its systems, which was later published online.

The company said it obtained a court-ordered injunction to prevent the leaked data from being shared by others, and it’s also working with the Office of the Australian Information Commissioner and the Australian Cyber Security Centre to investigate an incident.

The redacted court order reveals that the threat actors breached Genea’s network on January 31, 2025, through a Citrix server. Subsequently, they gained access to the company’s primary file server, domain controller, backup program, and BabySentry primary patient management system. Two weeks later, on February 14, the attackers exfiltrated 940.7GB of data from Genea’s compromised systems to a DigitalOcean cloud server under their control.

The ongoing investigation also discovered that Genea’s compromised patient management systems contained the following types of personal and health data, with the exposed information varying for each affected individual: 

• Full names, emails, addresses, phone numbers, date of birth, emergency contacts, and next of kin,
• Medicare card numbers, private health insurance details, Defence DA numbers, medical record numbers, patient numbers,
• Medical history, diagnoses and treatments, medications and prescriptions, patient health questionnaire, pathology and diagnostic test results, notes from doctors and specialists, appointment details, and schedules.

“At this stage there is no evidence that any financial information such as credit card details or bank account numbers have been impacted by this incident,” Genea added.

“The investigation is however ongoing, and we will keep you updated of any relevant further findings should they come to light.”

A Genea spokesperson has not replied to several requests for comment since the company disclosed the breach on February 19.

Breach claimed by Termite ransomware

While Genea didn’t attribute the attack to a specific threat group or cybercrime operation, the Termite ransomware gang claimed responsibility on Monday.

In a new entry on their dark web leak site, they said they stole roughly 700GB of data and leaked screenshots of identification documents and patients’ files allegedly stolen from Genea’s network.

“We have ~700gb of data from company’s servers such as confidential, personal data of clients,” the threat actors claim.

Termite is a ransomware operation that surfaced in mid-October, according to threat intelligence company Cyjax, and has since listed 18 victims on its dark web portal from all over the world and various industry sectors.

In December, the ransomware gang also claimed to have breached the network of Arizona-based service (SaaS) provider Blue Yonder. This worldwide supply chain software provider has over 3,000 customers, including high-profile companies such as Microsoft, Renault, Bayer, Tesco, Lenovo, DHL, 3M, Ace Hardware, Procter & Gamble, Carlsberg, Dole, Wallgreens, Western Digital, and 7-Eleven.

Like other ransomware gangs, the Termite cybercrime group is involved in data theft, extortion, and encryption attacks. According to cybersecurity firm Trend Micro, they’re using a version of the Babuk encryptor leaked in September 2021 and are known to drop a “How To Restore Your Files.txt” ransom note on the victims’ encrypted systems.

Trend Micro also added that Termite’s ransomware encryptor is still likely a work in progress, as it will terminate prematurely due to a code execution flaw.