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News
Five companies which accept payments in cryptocurrency
February 14, 2022 11:57 AM AEDT| By Aditi SahaHighlights Using cryptocurrencies to pay for products and services is getting popular. A rising number of corporations across industries are permitting consumers to pay for their products using crypto as an official means of payment. In 2014, .....
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Three major challenges the NFT market needs to address
February 13, 2022 02:52 PM AEDT| By Daniel Paul JohnsHighlights NFTs (non-fungible tokens) are digital assets, which can hold a variety of content ranging from music to art. There have been several instances where counterfeit NFTs have been put up for sale on websites. The lack of a standard met.....
A look at a few DeFi cryptos
February 13, 2022 02:32 PM AEDT| By Aditi SahaHighlights Founded in January 2020, Curve is a decentralised exchange utilising an automated market maker (AMM) for managing liquidity. Chainlink enables blockchains to safely interact with external events, data feeds and payment options via a .....
Art or not? The absurd irony behind booming NFT art market
February 13, 2022 01:24 PM AEDT| By Daniel Paul JohnsNon-fungible tokens (NFTs) have been all the rage over the past year. If the media is anything to go by, one thing that has kept people occupied during lockdowns is investing in crypto and buying NFTs. One of the most focussed upon NFTs are those .....
From BITO to BTF: Top crypto ETFs to watch in 2022
February 13, 2022 06:23 AM AEDT| By Versha JainThe global crypto market has grown leaps and bounds, from US$18.5 billion on February 11, 2017, to US$1.97 trillion on February 10, 2022. Currently, it has around 17,500 cryptocurrencies and more than 450 cryptocurrency exchanges globally, as per c.....
Crypto films: Increased adoption inspires filmmakers to make movies
February 12, 2022 09:10 PM AEDT| By Manu ShankarFor the past few years, cryptocurrencies have seen exponential growth. Such has been its impact that many first-time investors are getting into, preferring it over the conventional investment vehicles. Especially during pandemic, which saw the worldw...
Weekly roundup of FTSE 100 risers and fallers (February- 07-11)
February 12, 2022 11:01 AM AEDT| By Sreenivas D AjankarFTSE 100 managed to hold on to its gains despite weakness towards the end of the week and moved higher on a weekly basis. There were some concerns about the US rate hike after the surge in inflation. Here we are giving the roundup of the top gainer...
Ford Motor Co (F) mulls setting up EV manufacturing hub in India
February 12, 2022 10:00 AM AEDT| By Sanjeeb BaruahFord Motor Co (NASDAQ: F) may produce electric vehicles in India for exports, the company said on Friday, months after it announced the closing of operations in the country due to lack of profitability. In a statement on Friday, cited by Reuters, .....
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US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers
February 12, 2022 09:43 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Friday, February 11, as oil prices surged to an eight-year high, further adding to the inflationary pressure a day after the crushing CPI data. The S&P 500 fell 1.90% to 4,418.49. The Dow Jones declin...
What is SKALE Network (SKL)? All you need to know
February 12, 2022 08:19 AM AEDT| By Rupam RoyThe SKALE Network (SKL) token surged over 22%, while its trading volume increased by more than 289% in the last 24 hours to Friday afternoon for no apparent reason. What is SKALE Network (SKL)? Skale is designed to provide scalability to the Ethe.....
Uber (UBER) to accept cryptos if exchange costs, climate issues resolve
February 12, 2022 07:56 AM AEDT| By Versha JainHighlights Uber said it will accept cryptocurrency in the future. It said the high transaction cost in the exchange makes it unviable for adoption now. Uber Technologies (UBER) stock fell 37.8% in one year. Ride-hailin.....
Bitcoin price prediction 2025: Can Web 3.0 catapult BTC to $300,000?
February 12, 2022 06:33 AM AEDT| By Ankit SethiCryptocurrencies can be a hedge against record-high inflation that is ailing the global economy. But a pre-requisite to making profits from cryptos, discernably, is the investor has to enter and exit at the opportune time. In the world’s larg.....
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UK stock market extends bearish trend, FTSE 100 loses over 0.5%
February 12, 2022 04:03 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock markets have extended their bearish trend for the second day in a row on Friday, reacting to the selloff in the global stock market after the higher-than-expected US inflation data that was announced yesterday. The rising infl...
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UK economy recovers from pandemic blues, Omicron impacts December growth
February 12, 2022 01:57 AM AEDT| By Rishika RainaHighlights The UK economy recorded a GDP growth of 7.5% in 2021 after a drastic fall of 9.4% in 2020. The UK’s GDP has gone up by 1% in Q4 2021, same as the downwardly revised 1.0% increase in Q3. The UK economy is on its way b.....
Andrew Forrest vs Blue Hydrogen: Why are industry veterans against Hydrogen with fossil fuels?
February 12, 2022 01:27 AM AEDT| By Arpit VermaHighlights Demand for hydrogen has witnessed unprecedented growth in the past few years. The production of blue hydrogen creates a significant amount of carbon dioxide, which is harmful to the environment. Fortescue’s Chairman Andrew For.....
How Labor pip Liberals to pass religious discrimination bill
February 12, 2022 01:19 AM AEDT| By Bhawna GuptaHighlights The contentious religious discrimination bill was passed by the lower house on Several Liberal MPs crossed the floor against the government to pass the bill. The new version of the bill is moved to the Senate now. After m.....
Art or not? The absurd irony behind booming NFT art market
February 12, 2022 01:07 AM AEDT| By Daniel Paul JohnsHighlights NFTs have exploded in popularity over the past year. Opinions are divided on what exactly passes for an NFT artwork. From a signed urinal to a completely blank canvas, there are things that could reasonably and objectively be .....
What are the best ways to buy Bitcoin in Australia?
February 12, 2022 01:02 AM AEDT| By Aditi SahaHighlights Bitcoin is the world’s largest and most popular cryptocurrency with a market capitalisation of over US$ 800 billion. In comparison with most other countries, Australia is more enthusiastic about cryptocurrencies. The mos.....
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Rising shipping costs affecting UK businesses
February 12, 2022 12:15 AM AEDT| By Priya BhandariHighlights Labour shortages, Covid restrictions, and strain on logistics networks led to a rise in shipping costs and significantly lengthened delivery times. The widespread disruption in the supply chain has affected the UK and other eco.....
Theta (THETA) crypto: How long will the rally sustain?
February 12, 2022 12:03 AM AEDT| By Manu ShankarHighlights • Theta (THETA) is primarily a blockchain-based network built mainly to stream videos. • The network uses decentralised networks wherein the users can share the bandwidth and videos on a peer-to-peer basis. .....
AI on the Rise: A Look at Top AI Companies and Their Stocks