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Australians have been lured into Dogecoin by the prospect of enormous profits. Now the price is falling sharply.


(Getty Images)
Dogecoin, the $88 billion meme coin that has minted millionaire overnight, has swept up Australians eager to make a quick buck.
New data provided to Business Insider Australia shows how interest exploded in the cryptocurrency as its price surged from less than one cent on 1 January to more than 50 cents last month.
Despite an appearance of Elon Musk on Saturday Night Live (SNL) over the weekend, the price of the coin has begun to fall again, wiping the investments of late speculators.
The internet’s favourite memecoin has ridden a wave of online popularity to go from a private joke to the world’s fourth largest digital currency, and Australians have been along for the ride. ....

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Crown CEO Ken Barton resigns, and may walk away with up to $60 million


Eamon Gallagher, SMH
Crown CEO Ken Barton has resigned after an inquiry showed it had failed to stem money laundering.
The Bergin Inquiry found Barton was no match for what s needed at the helm of a casino licensee.
Barton may walk away with up to $60 million (AUD 77 million) in compensation.
Crown s top executive could not survive a damning inquiry that found regulators could not have confidence in the company under his stewardship.
CEO and managing director Ken Barton stepped down on Monday after Crown was hung out to dry by an inquiry that found its Sydney operation wasn t suitable to hold a casino license at this time. ....

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