News
Forta crypto: All you must know about this cybersecurity token
June 16, 2022 09:13 PM AEST| By Raza NaqviCybersecurity in cryptocurrency is more important than ever, as we have witnessed major hacks recently. Forta, a cybersecurity firm, aims to address this by attempting to create a crypto-first version of centralized cyber organizations such as Crow.....
Is KNC crypto’s rally here to stay?
June 16, 2022 06:57 PM AEST| By Manu ShankarKyber Network Crystal v2 (KNC) crypto is primarily a multi-blockchain trading and liquidity exchange, which ensures liquidity at best possible rates. The primary goal of the KNC crypto is to ensure that DeFi DApps and DEXs can do instant trades and.....
GNE, CEN, MEL, VCT: 4 NZX utilities in news amid rising power prices
June 16, 2022 09:44 AM CEST| By SonalHighlights An average NZ household is paying nearly 5% more for electricity in 2022 than a year before. Contact Energy and Meridian released their monthly operating reports for May. Manawa Energy expects EBITDAF between $140 million and $160 .....
How Gauff and Murakami NFTs are faring as Bill Gates bashes cryptoassets
June 16, 2022 03:45 PM AEST| By Ankit SethiHighlights Coco Gauff’s NFTs are launched as a part of a wider collection by Autograph, an NFT platform Takashi Murakami, a Japanese artist, has apologised to his NFT holders for “stagnant” prices Bill Gates’ criticism .....
GDP fall to impact RBNZ’s monetary stance in next MPC?
June 16, 2022 06:24 AM CEST| By ManikaHighlights NZ’s GDP fell 0.2% in the March 2022 quarter This is mainly due to the Omicron spread during that time Despite a contraction in the economy, the RBNZ unlikely to change its monetary policy stance New Zealand's GDP fell 0......
Crypto Catch: Bitcoin falls to dangerous level, escapes major selloff
June 16, 2022 02:12 PM AEST| By Daniel Paul JohnsHighlights Last night, the world’s largest cryptocurrency, Bitcoin, almost fell below a critical support level, which might have spelt disaster for the entire crypto industry Meanwhile, Microsoft founder, Bill Gates, has blasted digital a.....
Up 70% in 24 hours: Why is Aragon (ANT) crypto racing higher?
June 16, 2022 01:05 PM AEST| By Ankit SethiHighlights BTC and other cryptos are rising at the moment, but the ANT token has appreciated more Aragon claims to provide DAO services to developers, with tokenisation for the community The ANT crypto has lost on a year-to-date basis, with pr.....
Bill Gates' crypto remark: What is greater fool theory?
June 16, 2022 11:13 AM AEST| By Ankit SethiHighlights Bill Gates has commented on both cryptos and NFTs, but this has not impacted Bitcoin’s price Finding another ‘fool’ to purchase goods at a higher price is what the greater fool theory is all about The total market .....
Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar
June 15, 2022 01:56 PM PDT| By Rupam RoyWall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...
Celsius (CEL) crypto soars nearly 100%: All you need to know
June 16, 2022 03:50 AM AEST| By Rupam RoyHighlights: The CEL token surged over 99% on Wednesday morning. Celsius claims to be an all-in-one banking and financial service provider for crypto users. It saw the highest price of US$1.17 in the last 30 days. The Celsius (CEL) crypto .....
Is Tron (TRX) crypto declining on USDD dollar de-pegging news?
June 16, 2022 02:53 AM AEST| By Rupam RoyHighlights: USDD lost its dollar-pegged price on Monday. The USDD traded at around US$0.97 on Wednesday. The TRX saw the highest price of US$0.09094 in the last 30 days. The Tron (TRX) crypto was on investors' radar Wednesday after its st.....
Why is Raiden Network Token (RDN) rallying today?
June 15, 2022 11:02 PM AEST| By Manu ShankarPowered by the Ethereum blockchain, Raiden Network Token (RDN) crypto is an off-chain scaling solution, which enables quick and cheap payments. The primary goal of the RDN crypto is to develop a state-of-the-art research state channel technology pl.....
Why is UMA (UMA) crypto grabbing market attention?
June 15, 2022 07:07 PM AEST| By Manu ShankarAt a time when the majority of the crypto market is in a bearish phase, it is hard to imagine any crypto witnessing a handsome rally. On one hand, leading cryptos, such as Bitcoin and Ethereum tumbled to their 18-months lows, on the other hand, UMA.....
3AC crypto hedge fund insolvent? Do crypto investors need to worry?
June 15, 2022 06:52 PM AEST| By Raza NaqviAs the cryptocurrency market continues to crash, some reports of a crypto-focused hedge fund going bankrupt have sent shock waves among crypto enthusiasts. On Tuesday, it was reported that Singapore-based Three Arrows Capital (3AC) could have becom.....
Why sending parcels may cost Aussies more?
June 15, 2022 10:31 AM CEST| By Akanksha VashishtHighlights Postal service providers, including Australia Post, have announced massive bumps to their surcharge fees. High fuel and transportation costs emanating from Russia-Ukraine war have made things tougher for postal service providers. Th.....
What’s on the cards for cryptocurrencies? End of the road or new start?
June 15, 2022 03:51 PM AEST| By Ankit SethiThe crypto market is reeling from multiple jolts. The total market cap has dropped below US$1 trillion, which suggests the bloodbath has gripped virtually all cryptoassets. This sordid state of affairs has prompted many crypto enthusiasts to wonde.....
Crypto Catch: Two crypto exchanges layoff a fifth of their staff
June 15, 2022 01:24 PM AEST| By Daniel Paul JohnsHighlights Employees of leading crypto exchange, Coinbase, will learn their fate later today in an e-mail, according to chief executive, Brian Armstrong Meanwhile BlockFi, which is a smaller company than Coinbase, announced on Monday, a twenty .....
Fantom (FTM) crypto: Things you need to know before buying it
June 15, 2022 01:17 PM AEST| By Jasmine AnandThe global cryptocurrency market continued to be in the red zone as bearish market sentiments remained in the picture. Today, at the time of writing, the global crypto market cap fell to US$976 billion, a 4.3% rise over the past 24 hours. Major cr.....
Rari Governance Token price up 100%: Why is RGT crypto gaining?
June 15, 2022 11:38 AM AEST| By Ankit SethiHighlights Bitcoin is now under US$22,000, after having lost more than 3% over the past one day Rari Governance Token, however, has defied the wider bearish phase and is up almost 100% The RGT token allows the users of Rari Capital to decide o.....
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 14, 2022 01:55 PM PDT| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....