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Crypto Catch: ACCC says money lost in crypto scams nearly doubled this year
June 06, 2022 01:46 PM AEST| By Daniel Paul JohnsHighlights The ACCC on Monday said that Australians had more than doubled their total scam losses this year so far compared to the same time in 2021 Cryptocurrency’s popularity exploded during the pandemic thanks to a marked increase in t.....
Two cryptos rising today: Steem Dollars (SBD) & Plutonians (PLD)
June 06, 2022 12:15 PM AEST| By Ankit SethiHighlights Bitcoin is up only marginally at the moment, but a few altcoins have registered sharp gains Not all cryptos gaining today have a high trading volume, which is indicative of fewer traders The SBD token is linked to a blockchain netwo.....
VRX Silica (ASX: VRX) focused on contributing to net-zero future
June 06, 2022 12:10 PM AEST| By DaminiAustralia-based VRX Silica Limited (ASX:VRX) aims to reduce risk, build resilience in its operations, and drive long-term, sustainable value for its stakeholders. Towards this end, the Company has committed to operating its business in a low carbon.....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 09:06 AM AEST| By Sukriti NairHighlights ASX200 is expected to start the second week of June on a lower note. Investors speculate a pause in US Fed’s rate hikes in September. Oil prices are strong while the gold prices remain lower. Australian shares are expecte.....
ASX200 to open lower amid global recessionary expectations
June 06, 2022 08:45 AM AEST| By Sukriti NairAustralian shares are likely to open a tad lower on Monday, impacted by a fall on Wall Street. This decline was witnessed when a 'remarkably strong' US job report smashed hopes of a softer pace of Federal Reserve interest rate increases. Also, t...
What’s the fate of AVZ’s Manono Lithium project?
June 05, 2022 12:15 AM AEST| By Arpit VermaAustralia-based mineral exploration company AVZ Minerals Limited (ASX:AVZ) is entangled in a legal dispute related to the ownership of the Manono Lithium Project, probably one of the most significant lithium deposits in the world. Shares of the Co.....
How does Labor plan to help first home buyers?
June 05, 2022 12:10 AM AEST| By Toshiva JainThe Labor party has taken over as the new federal government of Australia and people now wonder how the financial and social strategies are going to be. With the election fever finally over, Australians wait to see whether the government will.....
How Albanese govt plans to breathe new life into Australian economy
June 05, 2022 12:05 AM AEST| By ManishaHighlights Emerging as the winner in the 2022 Australian federal election, the Labor Party has come to power under the leadership of Anthony Albanese. PM Albanese is focused on strengthening Australia’s economy and make the country strong.....
Here’s why crude oil is hovering above US$100/bbl?
June 05, 2022 12:00 AM AEST| By Arpit VermaCrude oil prices have likely found a home near the three-digit mark of US$100/bbl. On a yearly basis, the prices of both crude oil benchmarks are currently trading 60% higher compared to the corresponding period last year. Curtailed production fro.....
3 Web3 innovations that could drive the crypto industry
June 04, 2022 07:00 PM AEST| By Manu ShankarThe crypto industry is breaching barriers to innovation every day. After the traditional cryptos came to force with the DeFi and NFT boom, followed by what we now know as the Web3 economy. In its simplest form, Web3 can be dubbed the next generation...
What is Reserve Rights (RSR) crypto? Know price & performance
June 04, 2022 04:01 AM AEST| By Rupam RoyHighlights: The RSR crypto is the governance token of the Reserve platform, a crypto-powered payment app. The RSR token is available on exchanges like Binance, Huobi Global, etc. It returned over 18% gains in the last seven days. The Rese.....
Why is EVM blockchain Velas (VLX) rising? know more about it here
June 04, 2022 03:26 AM AEST| By Versha JainHighlights Velas is an Ethereum Virtual Machine (EVM) blockchain. It claims to execute 75,000 transactions per second (TPS). Its products include Velas Account, Velas Vault, Velas Wallet, and Staking. VLX token is used for payments and s.....
What is Internet Computer (ICP) crypto and why is it trending?
June 04, 2022 02:19 AM AEST| By Rupam RoyHighlights: Internet Computer (ICP) crypto is a decentralized blockchain network. The ICP token can be traded on Binance, Huobi Global, etc. It returned over 11% gains in the last seven days. The Internet Computer (ICP) crypto is catching.....
Why is Trust Wallet token (TWT) rising?
June 04, 2022 12:52 AM AEST| By Versha JainHighlights Trust Wallet is a mobile-based cryptocurrency wallet. Trust Wallet’s utility token TWT offers governance authority and in-app benefits. The platform supports more than 65 blockchains and over three million assets. .....
GALA and AXS: 2 metaverse tokens to watch amid market crash
June 04, 2022 12:41 AM AEST| By Raza NaqviHighlights Gala Games aspires to revolutionise the gaming business by giving gamers back control over their games. At the time of writing, the GALA crypto was trading at US$ 0.07192 per token. Axie Infinity Shards (AXS) is becoming one of the .....
Does your EV really keep environment carbon-free?
June 04, 2022 12:20 AM AEST| By Nitish KumarHighlights Electric vehicles need charging from time to time, and the electricity used may not come from non-polluting sources. EVs require more critical metals than conventional vehicles, and the mining of these metals creates pollution. The...
Why is it hard to escape the unemployment trap?
June 04, 2022 12:05 AM AEST| By Akanksha VashishtHighlights The unemployment rate in Australia is at an all-time low, even as Aussies struggle to manage a living. The unemployment trap refers to the situation wherein unemployment benefits appear more economical than working. Unemployed indiv...
What is Etherscan? All you need to know about Ethereum's 'Google'
June 03, 2022 07:22 PM AEST| By Raza NaqviHighlights You can use most of Etherscan's capabilities by going straight to the website and searching. Etherscan allows users to search via a transaction ID, block, token, or the Ethereum Name System. Before using Etherscan, users are not req.....
Materials, tech stocks help ASX 200 register 3rd straight weekly gains
June 03, 2022 06:49 PM AEST| By Sukriti NairHighlights ASX 200 rose 0.9% to finish the week 0.8% higher buoyed by Technology and Material stocks The ASX 200 index opened on a positive note, rising over 1% in opening trade, but as trade progressed, gains faded Investors remain cautious a.....
How COVID-19 triggered a spike in cybercrimes in Australia
June 03, 2022 06:44 PM AEST| By Aditi SarkarHighlights Any attempt to gain unauthorised access to a computer, computing system or network to harm or cause damage is known as cyberattack During 2020-21, the ACSC received more than 67,500 cybercrime reports Cybercrimes mostly attacked the.....
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