Another day, another person claiming they’ve created Bitcoin. Craig Wright, an Australian computer scientist, has launched a $5.6 billion lawsuit in a London high court to retrieve 111,000 Bitcoins, claiming that he’s theinventorof the cryptocurrency. Wright has filed the case against 16 developers who were behind crypto networksBitcoin Satoshi Vision (BSV), Bitcoin Core (BTC), Bitcoin Cash, (BCH), and Bitcoin Cash ABC (ABC). A report fromReutersnoted that these networks have wallet addresses in the US, Europe, Japan, Australia, and New Zealand....

The Australian Minister for Defence today announced a third-party review into its social media usage policies. The Australian Defence Force was caught in the midst of a scandal in April involving two cadets, Daniel McDonald and Dylan De Blaquiere, who broadcast two fellow cadets having sex without their knowledge over Skype. The review will be led by Rob Hudson of external consulting firm George Patterson Y & R “with the aim of developing measures to ensure that the use of new technologies is consistent with Australian Defence Force and Defence values....

There is a worrying trend developing that as social technologies become more prevalent, more employers are banning the use of these platforms in the workplace. Recently wecovered a reportthat claimed 44% of companies monitor their employees’ use of social media, in and out of the workplace. A new studyhas now been published however, that examines how Australian employers monitor social media in the workplace and importantly examines the contributing factors that lead to social media being banned....

Treasurer Wayne Swan handed down the government’s 2011 Australian Federal Budget last night, with sweeping funding cuts that aim to bring the government’s deficit, incurred in avoiding the worst of the 2007 Great Financial Crisis and chewing through a healthy surplus, back into the black in the next three years. And despite huge cuts in many areas, such as a $1 billion saving on Defence spending, the government’s investments in technology have largely walked away unscathed....

The government today announced that it would begin developing a whitepaper on cybersecurity to inform policy and Australian citizens. Work on the paper will take at least a year and it will be available in early 2012. Taking the government’s CyberSecurity Safety Strategy of 2009 as a foundation, the paper will deal with crime, safety, security and consumer protection. The “Cyber White Paper,” as theDepartment of the Prime Minister and Cabinet is calling it, will “outline a vision for Australia’s digital future based on Australian values,” following asimilar effort in the United Statesto outline digital strategy with regard to freedoms and security....