News

Warner-Portman crypto tax amendment: What you need to know
August 06, 2021 09:01 PM AEST| By AnujSummary Blockchain developers and crypto exchanges set to face compliance rules under the Warner Portman crypto tax amendment. Crypto miners or “proof of work” businesses are likely to be exempted from this amendment.&nb.....

What is TrueFi coin? Where can you buy it?
August 06, 2021 06:22 PM AEST| By Daniel Paul JohnsSummary TrueFi rose by a massive 435% after it raised US$12.5 million from venture capital firm Andreessen Horowitz and trading firm Alameda. TrueFi is a decentralised finance (DeFi) platform that provides lending without collateral. The nativ.....

Would these five cryptocurrencies surpass Ethereum's popularity?
August 06, 2021 03:34 PM AEST| By SonalSummary There has been growing interest in cryptocurrencies recently. Ethereum has been gaining popularity due to its technical upgrades and potential applications. Solano, Algorand, Cardano etc. have great potential and can give competition t.....

Snowden-Taleb Twitter spat gets ugly; has it impacted Bitcoin?
August 06, 2021 03:05 PM AEST| By Team Kalkine MediaPro- and anti-bitcoin supporters used to co-exist on various social media platforms. They had divergent views, they had arguments, but they stuck to the subject – Bitcoin. However, all that changed on Thursday morning, when two famous names en...

Crypto Polygon on the brink of mass adoption
August 06, 2021 02:54 PM AEST| By Daniel Paul JohnsSummary Polygon runs on the popular Ethereum network and is designed to ease some of Ethereum’s functionality issues, which have come due to its rapid success and broad adoption. Launched in 2017, Polygon has a market cap of US$6.76 billi.....
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Which Countries Are Trying To Create Their Own Digital Currency
August 05, 2021 09:04 PM AEST| By Suhita PoddarThe worldwide crypto market is growing at the fastest pace than ever before, and the Covid-19 pandemic has sparked discussions among countries and central banks on whether they should issue digital currencies of their own. The cryptocurrencies had.....

How is TRON different from Ethereum? Where to seek TRON in NZ?
August 05, 2021 01:47 PM AEST| By SonalTRON is a decentralised blockchain platform that offers a platform where content creators can access their clients directly from every part of the globe without any assistance from third parties. Launched in 2017 and founded by Justin Sun, TRON&nb.....

Will current changes at crypto exchanges influence bitcoin prices?
August 04, 2021 10:12 PM AEST| By Kamalika GhoshWith the growing crackdown on crypto market across the globe, the UK’s Financial Conduct Authority (FCA) recently in June announced a crackdown on Binance, which is the world’s largest crypto exchange by trading volumes. The UK regulato.....

SEC chair Gary Gensler pushes for stronger crypto regulations
August 04, 2021 09:04 PM AEST| By AnujCrypto market needs stringent regulations to safeguard mainstream investors, US Securities and Exchange Commission (SEC) head Gary Gensler said on Tuesday, August 03. The statement came on the back of US Senator Elizabeth Warren’s continuous .....

Are these Bitcoin wallets cream of the crop in New Zealand?
August 04, 2021 05:32 PM AEST| By SonalSummary A Bitcoin wallet is an electronic wallet that can be accessed through a private key. There are many forms of Bitcoin wallets that can cater to different needs of security, accessibility etc. Mobile, web, desktop, hardware and paper are.....

“The Wild West” - US SEC calls for crypto regulation
August 04, 2021 03:30 PM AEST| By Daniel Paul JohnsSummary The Chair of the SEC, Gary Gensler, told a global conference that the crypto industry is filled with fraud, claiming there are currently many coins which aren’t even registered. Gensler has called upon extra Congressional authorit.....
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Why Nigerian Government Is So Concerned About Bitcoin
August 03, 2021 04:57 PM AEST| By Kamalika GhoshSummary According to Paxful platform, Nigeria is now the second country with the most Bitcoin trading transactions after the US. As per a Statista survey, 32% of respondents in Nigeria actively use and trade in cryptocurrencies. Experts .....

Which 10 global conglomerates are accepting Bitcoin as payment option?
August 03, 2021 04:10 PM AEST| By Jasmine AnandWith the ever-increasing popularity of cryptocurrencies, Bitcoin, the first and the largest cryptocurrency of the world, is getting bigger and better. Hence, a growing number of companies ranging from tech firms to travel agencies to food giants ha.....

Would cryptocurrency become a popular payment mode in travel space?
August 02, 2021 06:07 PM AEST| By SonalSummary Firms are now accepting cryptocurrencies for the payment of goods and services. CheapAir.com, Virgin Galactic, GetYourGuide are some of the travel providers accepting the use of digital currencies. Crypto payments can reduce transactio.....

Are cryptocurrencies any good? The US Senate doesn’t think so
August 01, 2021 12:48 AM AEST| By Ankit SethiSummary Warren heavily criticized cryptocurrencies Sherrod Brown spoke favorably about the underlying blockchain technology Elizabeth Warren has written a letter to Janet Yellen for regulating cryptos The Senate committee conducted a hear.....

Is Cardano better than Ethereum? What is so good about Cardano?
July 30, 2021 12:40 PM AEST| By SonalInvestors rushed to digital currencies amid times of economic instability created by the pandemic, making 2020 a great year for all digital coins. However, in 2021, several top cryptocurrencies set new highs, indicating even more remarkable growth......

What does the second half of 2021 hold for Ether?
July 30, 2021 11:25 AM AEST| By Daniel Paul JohnsSummary A panel of cryptocurrency experts predicted this week that Ethereum’s price might hit US$4,600 by year-end. This would be nearly double the price as of 29 July 2021, which sits at approximately US$2,319. Coinbase reported Ether ra.....

Elon Musk inspires a cryptocurrency - What’s there to know about ELONGATE?
July 30, 2021 07:45 AM AEST| By Daniel Paul JohnsSummary Another crypto that started as a joke, ELONGATE, has gained significant popularity of late. As per its website, ELONGATE’s goal is to grow a global movement that goes against traditional financial systems by linking profitab.....
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Bitcoin vs Ethereum: Their journeys so far
July 29, 2021 08:45 PM AEST| By Kamalika GhoshAfter losing almost 53% between April and July, Bitcoin has bounced back by gaining 32% in the past week. Cryptocurrencies are linked to volatility and investors are used to such unnerving moments fall and rise. In the last one year, the cryptocurr.....

What is SafeMoon coin? Is SafeMoon a good cryptocurrency?
July 29, 2021 05:58 PM AEST| By Jasmine AnandOne of the most talked-about cryptocurrencies of recent time is known as SafeMoon. Being launched in March 2021, SafeMoon took inspiration for its slogan (safely to the moon) from the English phrase-to the moon. And, in such a short span of time, i.....
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