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News
What is Quantstamp (QSP) crypto & why is its price rising?
February 04, 2022 06:32 PM AEDT| By Raza NaqviSince the past few days, Quantstamp (QSP) cryptocurrency prices have been on the rise and it appears to be gaining the attention of crypto market investors. In the last 24 hours, the price of Quantstamp crypto jumped 30 per cent and was trading at.....
Know the 5 popular crypto exchanges in NZ
February 04, 2022 03:28 PM AEDT| By Jasmine AnandHighlights NZ boasts numerous crypto exchanges which offer a smooth trading experience to crypto enthusiasts. These exchanges have a simple user interface and offer enhanced security to their users. Some of these popular exchanges include Bina.....
Contact Energy (NZX:CEN): What is it doing to address climate change?
February 04, 2022 03:09 PM AEDT| By SonalHighlights Contact Energy performed above expectations in FY21. The Group launched a new platform in January 2022 “It’s good to be home”. CEN has taken many initiatives to fulfil NZ’s decarbonisation goal and prot.....
Amazon (AMZN) rides Rivian stake to US$14.3-bn profit, raises membership fees
February 04, 2022 11:38 AM AEDT| By Sanjeeb BaruahAmazon.com Inc (AMZN) on Thursday posted a fourth-quarter profit of US$14.3 billion, boosted by a pre-tax gain from its stake in electric vehicle maker Rivian Automotive. The stock rose as much as 15% in the after-market hours after dipping nearly.....
US stocks close in red after Meta (FB) rout, Zuckerberg loses US$29 bn
February 04, 2022 10:00 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, February 3, after Mark Zuckerberg-led Meta Platforms, Inc lost roughly US$200 billion in market value in a massive stock rout. Shares of other tech companies, such as Amazon.com, Google, and Spotif...
World's Largest Asset Management Firm Sees Opportunity in Stakeholder Capitalism & Sustainability
February 04, 2022 04:30 AM AEDT| By 3BL“I believe the de-carbonization of the global economy is going to create the greatest investment opportunity of our lifetime.” This bold prediction is part of the annual letter sent to CEO...
World's Largest Asset Management Firm Sees Opportunity in Stakeholder Capitalism & Sustainability
February 04, 2022 04:30 AM AEDT| By 3BL“I believe the de-carbonization of the global economy is going to create the greatest investment opportunity of our lifetime.” This bold prediction is part of the annual letter sent to CEO...
What is NFT? How to create and sell?
February 04, 2022 04:14 AM AEDT| By Versha JainNon-fungible tokens (NFT) shot into the limelight after some of them were sold at eye-popping price tags, showing their enormous earning potential. For instance, Beeple sold an NFT titled "Everyday: The First 5000 Days" for an astounding US$.....
Why is HMRC’s new DeFi lending tax policy dubbed ‘unnecessary burden’?
February 04, 2022 03:09 AM AEDT| By Manu ShankarHighlights Britain’s tax agency, Her Majesty’s Revenue and Customs (HMRC), is bringing down the gavel on DeFi lending and staking rules which could have an impact on the development of innovation in the Decentralized Finance se.....
Why is Immutable X (IMX) crypto trending today?
February 04, 2022 02:25 AM AEDT| By Manu ShankarThe Immutable X (IMX) token is primarily a Layer-2 protocol that is powered by the Ethereum blockchain network. IMX positions itself in such a manner that it is able to ease Ethereum’s problems of limited scalability, illiquidity, and poor us.....
Jeff Bezos gets Dutch bridge dismantled to make way for his yacht
February 04, 2022 01:12 AM AEDT| By Sanjeeb BaruahAmazon.com, Inc (AMZN) founder Jeff Bezos is bearing the cost of taking apart a historic Dutch bridge so his US$485-million superyacht can pass, it was revealed this week. Rotterdam officials agreed to dismantle the steel Koningshaven bridge that .....
Why is FORTH crypto making headlines?
February 04, 2022 12:22 AM AEDT| By Manu ShankarAmpleforth (FORTH) is primarily a stablecoin whose value is pegged to the US Dollar. As a decentralised finance (DeFi) platform, the FORTH crypto is powered by the Ethereum platform, which allows the holders of the token to vote on protocol’s.....
Meta ceases Diem: What does Facebook token’s end mean for crypto space?
February 04, 2022 12:05 AM AEDT| By Ankit SethiOne of the key pillars of the cryptocurrency world is sentiments. A single tweet from a personality like Tesla’s CEO Elon Musk can trigger a wild swing in the price of a crypto asset. At least for now, more than fundamentals, sentiments decid.....
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Cost of living crisis: Bank of England expected to hike interest rates
February 03, 2022 11:57 PM AEDT| By Priya BhandariHighlights Britons and economists are expecting the Bank of England’s Monetary Policy Committee (MPC) to hike interest rates again on Thursday to curb the pressure of surging inflation. Energy regulator Ofgem has said that the energy pric.....
How long will IDEX crypto’s bullish run last?
February 03, 2022 10:26 PM AEDT| By Manu ShankarIDEX crypto’s bullish run continues for the second day as it was up by over 80% on 3 February. IDEX has been attracting significant investor interest as well and also witnessed a significant volume gain of well over 700%. The IDEX crypto&rsq.....
What is Pocket Network & POKT crypto’s price prediction?
February 03, 2022 08:03 PM AEDT| By Ankit SethiHighlights Not just Ethereum and Fantom, some low market cap blockchains are also competing in the DApps space Pocket Network is a protocol that claims to bring real “decentralization” to blockchains The POKT crypto ranks low.....
Why is OOKI crypto price up & how to buy this token?
February 03, 2022 07:09 PM AEDT| By Raza NaqviHighlights: Notably, the 24-hour volume of OOKI crypto has catapulted over 1300 per cent to $223.8 million. The OOKI crypto is the native token of Ooki Protocol, and it can be used for staking purposes. According to the protocol's whitepaper, .....
Wormhole crypto: How hackers bent space-time to steal ETH
February 03, 2022 06:39 PM AEDT| By Ankit SethiHighlights Incidents of hacking of decentralized finance protocols have made headlines in 2022 Wormhole, a bridge between blockchains, has become the latest target of a multi-million-dollar heist The Wormhole crypto project’s hacking shi.....
Why has El Salvador rejected IMF’s advice to give up Bitcoin use?
February 03, 2022 03:49 PM AEDT| By Jasmine AnandHighlights El Salvador has dismissed the IMF’s call to drop Bitcoin’s legal status. Its Finance Minister says El Salvador has complied with all the rules related to financial transactions and money laundering. Negations for funds w.....
What is crypto mining and how does it work?
February 03, 2022 06:23 AM AEDT| By Rupam RoyHighlights Crypto mining uses the proof-of-work (PoW) consensus mechanism. Mining requires powerful GPUs (graphics processing units). Crypto mining has been a boon for GPU manufacturers. For those unfamiliar with the term "crypto mining",.....
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