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Cryptocurrency
What is in store for Shiba Inu investors in 2022?
February 21, 2022 04:22 PM AEDT| By Daniel Paul JohnsThe crypto space is full of surprises. It’s difficult to predict where Bitcoin will be next week, let alone thousands of other digital currencies. Who could’ve guessed five years ago that a token, designed to make a joke of cryptocurre.....
Crypto Catch: Bitcoin slips below US$40K, Ethereum tanks 15%
February 21, 2022 01:45 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin sunk below US$40,000 for the first time since the beginning of February, dropping over 10% since Friday. Chainanalysis has said that almost 4% of cryptocurrency whales are, in fact, criminal whales. Multiple celebrities have.....
Want to secure your digital assets? Here are Australia’s most popular crypto wallets
February 20, 2022 12:37 AM AEDT| By Aditi SahaIf you want to make a fortune in the risky crypto sector, you need to take all necessary precautions to ensure the safety and security of your investment. This is where crypto wallets come into play to ensure your hard-earned money is not stolen by.....
Osmosis (OSMO) token: Why is it trending today?
February 19, 2022 09:23 PM AEDT| By Manu ShankarHighlights Osmosis (OSMO) crypto is primarily an automated market maker (AMM), which is built on the Cosmos blockchain network. Osmosis is built for liquidity providers, wherein a significant number of tokens are reserved for these providers as.....
Is HyperVerse (HVT) crypto a Ponzi scam?
February 19, 2022 08:12 AM AEDT| By Rupam RoyHighlights HyperVerse (HVT) has a circulating supply of 18 million. HVT reached an all-time high of US$7.74 in January 2022. Binance said the HVT token is not listed on its platform for trading or any service. The crypto market is witness.....
Why did Ukraine legalize cryptocurrency amid war fears?
February 19, 2022 04:02 AM AEDT| By Versha JainThe Ukrainian government has passed a bill into law legalizing cryptocurrency but not as a legal tender. While the decision received broad support from the crypto community, its timing has drawn attention. It is believed the government wants to kee.....
From Employment Hero to Canva: A quick look at five Australian unicorns
February 19, 2022 01:54 AM AEDT| By Aditi SahaEmployment Hero became the latest Australian company to enter the unicorn club after it closed an AU$181 million funding round on Thursday at a valuation of around AU$1.25 billion. Lawyer-turned-tech entrepreneur Ben Thompson is the co-founder of E.....
Cryptocurrency beginner's guide: Proof of Work vs. Proof of Stake
February 19, 2022 01:45 AM AEDT| By Aditi SahaHighlights At the back of every cryptocurrency lies a network of computers that ensures the security of the software and regulates the issuance of new units. The system that governs cryptocurrency is known as a consensus mechanism. Proof.....
10 best penny cryptos to watch in 2022
February 19, 2022 01:11 AM AEDT| By Ankit SethiHighlights Penny cryptos, experts say, are those that are trading under US$1 These may pique the interest of a section of crypto investors that looks for quick profits Prices may swing in any direction, and hence it is good to know what the pr.....
Do you pay tax on cryptocurrency in Canada?
February 19, 2022 01:09 AM AEDT| By Raza NaqviHighlights The time to start preparing for crypto taxes has come for those who cashed out on any of their virtual currencies over 2021. The prospect of making gains attracts people to the equities and cryptocurrency markets. As per the C.....
Why crypto assets market pose risk to global financial stability?
February 19, 2022 12:54 AM AEDT| By Manu ShankarHighlights A recent report by the Financial Stability Board (FSB) has highlighted the three segments that pose serious number of risks for the crypto-asset markets: unbacked crypto-assets, stablecoins and decentralised finance. The crypto-asset.....
Will Joe Biden’s crypto EO signal the start of crypto regulations?
February 18, 2022 11:00 PM AEDT| By Manu ShankarHighlights US President Joe Biden’s government is expected to release its executive order next week. It is suggested that the executive order would direct the Financial Stability Oversight Council to examine the issues related to financia.....
Why is DIA (DIA) crypto rallying?
February 18, 2022 07:56 PM AEDT| By Manu ShankarHighlights Decentralised Information Asset (DIA) crypto is primarily an open-source oracle platform enabling market participants to share and supply to the users. As an open-source Web3 data and oracle platform, the multi-blockchain network wil.....
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.....
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.....
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