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News
5 famous NZ businesses welcoming crypto payments
February 18, 2022 04:03 PM AEDT| By Jasmine AnandHighlights Bolstered by faster transaction speeds and lower fees, many global conglomerates have started accepting crypto payments. Several NZ companies from varied sectors, too, are welcoming payments in cryptocurrencies from their customers. .....
Crypto Catch: Bitcoin sees biggest drop in four weeks, falls 8%
February 18, 2022 01:48 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin suffered its biggest drop in four weeks overnight. Bitcoin’s price currently sits at US$40,430 after being above US$44,000 for much of the week. Illegal crypto transactions jumped almost 80% in 2021. Bitcoin suffe.....
Will cryptocurrency regulations come into effect anytime soon?
February 18, 2022 12:03 PM AEDT| By DaminiCryptocurrency space was buzzing throughout 2021, with investors increasingly turning to crypto-based investments over traditional alternatives. The growing popularity of cryptos inadvertently invited some dubious scams and suspicious activities, u.....
UK stock market extends decline, Evraz shares sink 7%
February 18, 2022 02:38 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market traded lower on Thursday, extending its losses for the second straight session. The blue-chip FTSE100 index was down by 0.76%. The uncertainty surrounding the Russia-Ukraine conflict impacted the stock market. As per th...
Lucky Block (LBLOCK) crypto: Why is it trending?
February 18, 2022 01:39 AM AEDT| By Manu ShankarLucky Block (LBLOCK) is primarily a worldwide lottery system for players using the blockchain protocols. Powered by the Binance Smart Chain blockchain network, it aims to bring in security, transparency and fairness while creating a global lottery .....
What did Charlie Munger say on cryptocurrencies? 5 things to know
February 18, 2022 01:36 AM AEDT| By Rupam RoyWhile the cryptocurrency market has many supporters, a few loathed it. Its opponents see many drawbacks in cryptocurrencies, including persistent volatility, and wish they are banned. One such opponent is the billionaire investor and Berkshire Hath.....
Top 5 cryptos to watch long term
February 18, 2022 01:06 AM AEDT| By Ankit SethiAre cryptocurrencies a bubble, or are they an asset class that would defy odds and give backers good returns in the long run? Different billionaires have different, and perhaps at times contrasting, views on cryptocurrencies. Warren Buffett of Ber.....
Binance once again under FCA scanner following Paysafe deal
February 18, 2022 12:17 AM AEDT| By Manu ShankarThe world’s leading cryptocurrency Binance is yet again in the eyes of regulators in the UK. Ever since it was banned by the Financial Conduct Authority (FCA) from operating in the country in June 2021, it has been under constant watch for it.....
What is Dash crypto and how to buy this token?
February 17, 2022 11:18 PM AEDT| By Raza NaqviIn the last 24 hours, the price of Dash (DASH) cryptocurrency has surged 6.4 per cent, and it was trading at US$ 114.09 per token at the time of writing. Meanwhile, the one-day volume increased 78 per cent to $255.5 million. The price surge could .....
What is Synthetix protocol & SNX crypto’s price prediction?
February 17, 2022 09:46 PM AEDT| By Ankit SethiThe cryptocurrency world is not about assets like BTC and Ether alone. Many other projects are working to solve problems and put more power in the hands of people through decentralized tech, blockchains. A DEX or decentralized exchange is one of t.....
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Is Fantom a crypto? Does Easy Crypto offer trading in Fantom?
February 17, 2022 09:01 PM AEDT| By Jasmine AnandBeing a smart contract-enabled blockchain platform, Fantom offers a solid environment for dApp development. It was created as an alternative to Ethereum and aims to solve issues related to smart-contract platforms, particularly transaction speed, a.....
Bybit, Red Bull Racing partnership: What’s in store for future?
February 17, 2022 08:01 PM AEDT| By Manu ShankarHighlights Bybit has been hogging headlines following its partnership with Formula One giant Red Bull Racing. The US$150-million deal (per year) will see the Singapore-based crypto exchange as the principal team partner, which will issue exclus.....
Nubank: Warren Buffett’s Berkshire Hathaway parks $1B in crypto backer
February 17, 2022 07:09 PM AEDT| By Ankit SethiWarren Buffett did not mince words when he once called Bitcoin, the largest crypto, “rat poison”. One of his closest associates, Charlie Munger, who also serves as the Vice Chairman of Berkshire Hathaway, once sought a ban on cryptocurr.....
Is Australia a crypto-friendly nation? Where does it stand on cryptocurrency?
February 17, 2022 06:51 PM AEDT| By Aditi SahaHighlights According to a November 2021 report from the Law Library of Congress, 51 countries have decided to ban cryptos, either absolutely or implicitly. Australia has the third highest crypto ownership rate at 22.9%, followed by Indonesia an.....
Crypto Catch: NRL signs sponsorship deal with crypto exchange Swyftx
February 17, 2022 02:58 PM AEDT| By Daniel Paul JohnsHighlights NRL has announced a massive three-year tie-in with Brisbane-based crypto exchange Swyftx. The NRL also has an option to renew the deal for a fourth-year to the end of 2026. The Graph has gained increased attention recently, as Web3 .....
Want to invest in altcoins? Here are some crypto exchanges for Aussies
February 17, 2022 02:55 PM AEDT| By Aditi SahaHighlights The term "altcoin" refers to all Bitcoin alternatives and is a portmanteau of "alternative" and "coin". Stablecoins, mining-based cryptos, utility tokens and security tokens are just a few of the most common forms of altcoins. .....
US indices close mixed after Fed minutes; ABNB, KHC rise
February 17, 2022 10:58 AM AEDT| By Versha JainBenchmark US indices closed mixed on Wednesday, February 16, after Fed minutes gave no clear timeline for a rate hike to curb inflation and tension over Ukraine persisted. The S&P 500 rose 0.09% to 4,475.01. The Dow Jones fell 0.16% to 34,934.27...
What is Rally (RLY) crypto? Know price, performance
February 17, 2022 05:56 AM AEDT| By Rupam RoyHighlights The RLY token returned more than 27% gains in the past 12 months. The token reached an all-time high of US$1.40 in April 2021. It is available on major exchanges like Huobi Global, Coinbase Exchange, etc. The Rally (RLY) crypto.....
What is MonkeyLeague (MBS) crypto? All you need to know
February 17, 2022 03:30 AM AEDT| By Rupam RoyMonkeyLeague (MBS) crypto was up over 18% in the last 24 hours to Wednesday morning, while its trading volume climbed by over 182% in the same period. So, why is MonkeyLeague (MBS) rallying? MonkeyLeague, formerly MonkeyBall, is a next-generation.....
Why is Algorand (ALGO) crypto trending today?
February 17, 2022 02:11 AM AEDT| By Manu ShankarFounded by Silvio Micali, the Algorand (ALGO) cryptocurrency is a decentralised blockchain network and supports a wide range of applications. The ALGO network is secure and scalable and a reliable protocol that guarantees trust within the ecosystem.....
AI on the Rise: A Look at Top AI Companies and Their Stocks