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Liquid Heist: Hackers siphon off about US$97M from Japanese crypto exchange
August 20, 2021 04:14 AM CEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. Japanese cryptocurrency exchange Liquid has revealed that it has faced a cyber-attack, in which hackers have siphoned off US$97 million worth of digital co...
Are these 5 NZX, ASX energy stocks capitalising on surging electricity prices?
August 20, 2021 04:00 AM CEST| By Jasmine AnandHighlights The New Zealand electricity market is witnessing a rise in its prices due to reduced lake levels and limited gas supply. Genesis Energy enters into a long-term agreement with Contact Energy for the supply of renewable energy by the l.....
Bitcoin mining firm Iris Energy eyes direct listing on Nasdaq
August 20, 2021 11:09 AM AEST| By AayushHighlights Iris Energy has confidentially submitted a draft F-1 form with the Securities and Exchange Commission (SEC) for a direct listing on Nasdaq. Direct listing is a way through which the company seeks to raise capital via selling its exis.....
Which are the four biggest movers in cryptocurrency today?
August 20, 2021 05:19 AM AEST| By Team Kalkine MediaHighlights Algorand (ALGO) was priced at US$1.05 at 10:00 pm IST. The YTD return is 221.58%. Cardano (ADA) was trading at US$2.17, up 4.06% at 10.08 pm IST. Its YTD return is 1078.91%. Polkadot (DOT) was priced at US$25.42, up 2.13%, at 1.....
What is Pendle crypto? How to buy it?
August 20, 2021 02:11 AM AEST| By Sanjeeb BaruahWhat is Pendle? Pendle (PENDLE) is a protocol that enables tokenized future yield trading on its automated market maker (AMM) system. It was launched to allow yield-generating asset-holders to generate addition.....
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5 Best Crypto Card Wallets of 2021
August 20, 2021 01:01 AM AEST| By Kamalika GhoshHighlights A cryptocurrency wallet is a device, physical medium that allows the users to store and retrieve their digital assets like Bitcoin, Ethereum, Cardano etc As of March 2021, there are more than 70 million blockchain wallet users A.....
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Afterpay Day 2021: Check out the best fashion and tech deals
August 19, 2021 08:31 AM CEST| By AshishHighlights Afterpay is back with its sale event, which occurs twice a year. The four-day Afterpay sale, which began at 7 AM (AEST) on 19 August, is offering discounts as high as 70% on popular brands. Major deals are spread across fashion, bea.....
What is Alpaca Finance? Is it the New Dogecoin?
August 19, 2021 01:00 PM AEST| By Daniel Paul JohnsAs decentralised finance (DeFi) becomes more mainstream, one of the leaders of leveraged yield farming is doing its best to attract institutional investors. The leader in question is Alpaca Finance, and it’s made significant headway since it.....
A quick look at 10 most influential economists
August 19, 2021 04:27 AM CEST| By Team Kalkine MediaAs a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....
Over 100M US households didn’t pay federal income tax in 2020, says think tank
August 19, 2021 04:18 AM CEST| By Furquan MoharkanThe COVID-19 pandemic has jacked up the number of nontaxpayers in the US. In 2020, 61% of American taxpayers did not pay federal income tax in the US, reveals a new study. According to the Tax Policy Center estimates, last year nearly 107 million ho...
Is Ghana currency going digital?
August 19, 2021 06:00 AM AEST| By Team Kalkine MediaHighlights Ghana Government announced digitisation as its key objective Numerous programs have been proposed including introduction of a government-backed digital currency. The Ghana digital currency will not be a cryptocurrency. Ghana is.....
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The Rise of Ethereum – Can ETH hit the US$100K-mark?
August 18, 2021 07:01 PM AEST| By Daniel Paul JohnsHighlights Besides its use as a digital currency, Ethereum can also be used to process other types of financial functions, including the utilisation of smart contracts as well as the ability to store data for third-party applications. The.....
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 09:05 AM CEST| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 07:10 AM CEST| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 18, 2021 05:32 AM CEST| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
Bitcoin’s sharp comeback brings back US$100,000 prediction
August 18, 2021 02:55 AM CEST| By AayushHighlights Bitcoin has risen more than 50% from its lows hit in July 2021. Bitcoin’s peers such as Dogecoin, Ethereum, Ripple etc. have also marked their presence with their wild upswings. The fundamental regulatory roadblock has clipped.....
RBNZ Governor faces a tough choice in view of Level-4 lockdown
August 18, 2021 01:32 AM CEST| By ManikaIn view of new cases of Coronavirus in Auckland city and resultant Level-4 lockdown, the Reserve Bank Governor will face a difficult choice in deciding whether to hike the OCR now or not. A rate hike which looked imminent some days back due t.....
US stocks slip on retail data
August 17, 2021 02:51 PM PDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was...
Will Walmart start accepting Crypto?
August 17, 2021 06:09 PM AEST| By Daniel Paul JohnsAs crypto has moved away from the fringes of finance, more major companies have helped its plight to become considered a mainstream part of the finance world. This was most famously seen earlier this year when electric car company Tesla began acce.....
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 08:05 AM CEST| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...