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Why did Meridian’s (NZX:MEL) net profit see a fall of 36%?
February 23, 2022 05:08 AM CET| By Jasmine AnandHighlights Meridian Energy posts on-par financial performance and strong momentum in its operating business. Reports a reduction of 36% in its 1HY22 net profit, owing to lower Tiwai Point revenue. Will distribute 5.85 cps as interim dividend i.....
Crypto Catch: Bitcoin up nearly 2%, regains US$38k level
February 23, 2022 02:18 PM AEDT| By Daniel Paul JohnsHighlights Despite Bitcoin’s short-term concerns, many analysts believe Bitcoin’s fundamentals will ultimately drive up the price of the token in the long term. Bitcoin sunk to as low as US$36,500 yesterday before rebounding slightl.....
Monetary Policy Review: Will RBNZ hike OCR by only 25 bps today?
February 23, 2022 02:03 AM CET| By ManikaNew Zealand’s central bank is all set to announce its monetary policy review in which it is expected to increase OCR for the third time in a row. According to most economists, the Reserve Bank (RBNZ) is likely to hike OCR by 25 bps but .....
Are young women on dating apps new target for crypto scammers?
February 23, 2022 05:44 AM AEDT| By Rupam RoyCrypto scammers are increasingly targeting unsuspecting young women on dating apps to rob their money. First, they befriend them on dating sites before brainwashing them to buy cryptos and shift the assets into fake accounts and exchanges, never to.....
Decoding the World Development Report 2022
February 22, 2022 07:02 PM CET| By Toshiva JainHighlights The World Bank affirmed the significance of corrected financial measures for an equitable recovery. In the pandemic, economic activities of over 90% of the countries have contracted. Significant consequences are borne by the emergin.....
Ukraine crisis: What Western sanctions mean for Russia?
February 22, 2022 05:56 PM CET| By Sanjeeb BaruahThe United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....
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How Greater Manchester Police returned millions to crypto scam victims
February 23, 2022 01:30 AM AEDT| By Manu ShankarIn a significant turn of events, the Greater Manchester Police (GMP) on Tuesday returned over £4 million to the victims of an international crypto scam that rocked the country. The fraud was unearthed by the GMP in July 2021, after it seized .....
What is VeChainThor & VET crypto’s price prediction?
February 23, 2022 12:57 AM AEDT| By Ankit SethiAmid a substantial drop in prices of major cryptos including Bitcoin, Ether and BNB over the past one week, the big question is, which crypto will explode in 2022? The downward pressure on most cryptocurrencies seems to have stayed longer than ant.....
What is Raydium (RAY) crypto and why it is gaining attention?
February 22, 2022 11:14 PM AEDT| By Rupam RoyThe Raydium (RAY) crypto appears to have gained attention of cryptocurrency enthusiasts, a day after it announced on Twitter that it had launched a NinjaProtocol Fusion pool for Ninja-USDC. The tweet mentioned that the farm is now live with reward.....
Can Pi Network crypto be a Ponzi scheme?
February 22, 2022 09:41 PM AEDT| By Raza NaqviEver since its launch, the Pi Network coin has kept cryptocurrency enthusiasts hooked on finding out the price of this cryptocurrency. In 2021, the one-of-its-kind cryptocurrency project was launched, and since then, it has been surrounded by vario.....
How Manchester City’s metaverse plan can be a gamechanger
February 22, 2022 09:09 PM AEDT| By Manu ShankarHighlights Leading football team Manchester City is planning to recreate Etihad Stadium on metaverse for its fans. Manchester City will be partnering with Sony for the project. As per reports, the global metaverse market size is about US$47.69.....
How high can Alpine F1 Team fan token (ALPINE) rally go?
February 22, 2022 09:00 PM AEDT| By Manu ShankarFan tokens have been a rage ever since they were introduced in 2020 when Atletico de Madrid became the first football club to adopt fan tokens in a bid to connect with their fans. Since then, its growth has been phenomenal. Many major European club.....
What are CryptoPunk NFTs & which ones sold for the highest prices?
February 22, 2022 08:28 PM AEDT| By Ankit SethiThe world of blockchain-based assets offers many choices to investors. Though Bitcoin is the most popular crypto asset globally, others are fast catching up. Altcoins, which are usually native tokens of blockchain-based projects like Ethereum, pro.....
What is Nervos Network & CKB crypto’s price prediction?
February 22, 2022 06:49 PM AEDT| By Ankit SethiHighlights CKB crypto’s Nervos Network claims to be a complete ecosystem with Layer 1 and 2 solutions Nervos can allow the building and scaling of DApps, which if created on it come with a portability feature CKB may become a top.....
From Finch to Smith: Australian sports stars who have tapped into NFT craze
February 22, 2022 06:46 PM AEDT| By Aditi SahaHighlights NFTs are digital certificates of ownership for one-of-a-kind, largely virtual pieces of art. The sports sector is the most recent to jump on the NFT bandwagon and Aussie sportsmen too, have joined the show. Australian cricketer Aaro.....
Apple supplier Luxshare plans to raise US$2.1B for expansion plans
February 22, 2022 08:09 AM CET| By Bhawna GuptaHighlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....
3 cheap cryptos trading on Easy Crypto- Polygon, Dogecoin, Nano
February 22, 2022 06:05 PM AEDT| By Jasmine AnandHighlights Crypto investors are attracted to investing in inexpensive cryptocurrencies which do not burn a hole in their pockets. Easy Crypto offers numerous coins which are popular yet cheaply priced. Some of these tokens are MATIC, DOGE, XNO.....
Why Salesforce’s NFT plans have employees fuming
February 22, 2022 06:03 PM AEDT| By Daniel Paul JohnsHighlights More than 400 Salesforce employees signed a petition against the company’s plans to enter the NFT market, citing the environmental concerns of NFTs as their reason. Salesforce’s plans to enter the NFT market have reported.....
Crypto firm Amber Group gets a Temasek valuation of US$3B
February 22, 2022 06:22 AM CET| By Sukriti NairCrypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....
Decoding risks and opportunities of trading in cryptocurrencies
February 22, 2022 03:24 PM AEDT| By Akanksha VashishtHighlights Cryptocurrencies have received major criticism due to their highly volatile nature. Investors have gradually warmed up to cryptos due to their ability to deliver high returns in a short span of time. There has largely been a polaris.....