Cryptocurrency

What could be Dogecoin’s future? What was DOGE’s highest price?

November 29, 2022 02:51 PM AEDT | By Ankit Sethi

Musk once hinted that he was working with DOGE developers to make the cryptocurrency more efficient, but no further details have been provided.

What is the progress of CBDC (eAUD) in Australia?

November 28, 2022 02:33 PM AEDT | By Ankit Sethi

According to this paper, released almost two months back, the announcement on ‘selected use cases’ for the pilot eAUD is due in December 2022.

Is Bitcoin popular in Australia? Is it legal?

November 27, 2022 10:30 AM AEDT | By Ankit Sethi

Bitcoin and Ether have lost value since the ASIC survey last November. Projects like the TerraUSD stablecoin and the FTX exchange collapsed this year,...

What does Tether cryptocurrency do?

November 27, 2022 10:00 AM AEDT | By Ankit Sethi

Tether claims to have sufficient reserves, meaning each USDT token floating in the market is backed by reserves held in cash and cash equivalents like...

Does stablecoin Tether (USDT) lose value?

November 23, 2022 03:47 PM AEDT | By Ankit Sethi

Any currency, digital or otherwise, which maintains a peg with some other commodity like gold should always be backed by reserves so that redemption r...

Understanding cryptocurrency treatment in Australia

November 22, 2022 03:25 PM AEDT | By Ankit Sethi

In Australia, Bitcoin or any other cryptocurrency is not recognised as money. But this does not mean the government and/or regulators have not address...

Is Dogecoin a meme coin?

November 21, 2022 03:05 PM AEDT | By Ankit Sethi

The wider cryptocurrency world identifies Dogecoin as a ‘meme’ coin, especially because its creators suggested this theme.

Does Tether (USDT) stablecoin pay interest?

November 20, 2022 11:00 AM AEDT | By Ankit Sethi

The Tether project claims to provide ‘liquidity’ to individuals and an easy medium of exchange for merchants.

Astra Protocol ICO: What you need to know

November 16, 2022 04:50 PM AEDT | By James Preston

ICO is short for initial coin offering. It is a product of the cryptocurrency industry, where developers of a particular project use it to raise addit...

Are Tether and USDT same?

November 13, 2022 10:00 AM AEDT | By Ankit Sethi

For now, USDT remains the biggest offering of the Tether project. However, other stablecoin tokens of the project highlight the error made when assumi...

EU Commissioner pitches for CBDC regulations

November 10, 2022 08:02 PM AEDT | By Manu Shankar

EU Commissioner Paolo Gentiloni feels the CBDCs need to be regulated as well.

Is the UK now contemplating NFT regulations?

November 08, 2022 11:17 PM AEDT | By Manu Shankar

The lawmakers of Britain's DCMS committee have opened up an inquiry to understand the potential benefits and risks of NFTs.

DEFIWALL launches its FIWA crypto through ICO

November 08, 2022 12:02 PM AEDT | By James Preston

DEFIWALL claims to be the “gateway to Web 3.0” – an all-in-one platform offering access to many things.

Can Bitcoin be converted into cash?

November 06, 2022 11:00 AM AEDT | By Ankit Sethi

Intermediaries like cryptocurrency exchanges allow the conversion of fiat currency to Bitcoin and the other way around.

Is Tether (USDT) an independent blockchain?

November 06, 2022 10:00 AM AEDT | By Ankit Sethi

Tether does not have its independent blockchain, but it is a ‘blockchain-enabled’ setup. The purpose, as claimed by the project, is to function as a c...

Can Bitcoin replace gold anytime soon?

October 31, 2022 11:50 AM AEDT | By Ankit Sethi

At present, Bitcoin replacing gold or other assets like stocks seems a far-fetched dream.

Can NFTs be used for commercial transactions?

October 30, 2022 11:00 AM AEDT | By Ankit Sethi

Just like an old coin or a painting by Leonardo da Vinci do not have use in commercial transactions, NFTs also cannot be used as a medium of exchange...

Why and how Bitcoin price changes?

October 30, 2022 10:00 AM AEDT | By Ankit Sethi

Even the legalisation in El Salvador declaring Bitcoin as legal tender has invited criticism from various quarters, including the International Moneta...

Why was Bitcoin created? Does white paper have answer?

October 27, 2022 12:21 PM AEDT | By Ankit Sethi

Even though Bitcoin’s white paper largely suggests that the idea behind creating it was to have a form of money that can run without any central autho...

Why the UK financial services bill may undergo a modification?

October 24, 2022 08:12 PM AEDT | By Manu Shankar

Member of Parliament and Financial Secretary to the Treasury wants a modification to the Financial Service and Market Bill.

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