News

Which unique features make Tether crypto a haven for investors?

February 23, 2022 03:12 PM AEDT| By Aditi Saha

Tether tokens (USDT) have gone a long way from being the first stablecoin to becoming the most widely used and traded tokens by volume. A group of Bitcoin enthusiasts launched Tether in 2014. Tether tokens are a forerunner in the digital usage of c.....

Why did Meridian’s (NZX:MEL) net profit see a fall of 36%?

February 23, 2022 03:08 PM AEDT| By Jasmine Anand

Highlights 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.....

Australia sees strong wage growth in December 2021 quarter

February 23, 2022 02:38 PM AEDT| By Akanksha Vashisht

Highlights Wages rose 2.3% annually during the December 2021 quarter. The significant growth in wages can be attributed to the shift in the bargaining power of the employees. There has been an acute shortage of skilled workforce in the Austral.....

Crypto Catch: Bitcoin up nearly 2%, regains US$38k level

February 23, 2022 02:18 PM AEDT| By Daniel Paul Johns

Highlights 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.....

Oil hovers near US$100/bbl as the US announces Russian sanctions

February 23, 2022 02:14 PM AEDT| By Arpit Verma

Highlights Crude oil prices hover near US$100/bbl on Tuesday. Russian force killed a group of five saboteurs on Monday who breached Russia’s southwest border from Ukraine. The US and Britain have announced sanctions targeting Russian ban.....

Monetary Policy Review: Will RBNZ hike OCR by only 25 bps today?

February 23, 2022 12:03 PM AEDT| By Manika

New 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 .....

Trump’s Truth app tops Apple (AAPL) store downloads; Can it rival FB?

February 23, 2022 07:48 AM AEDT| By Versha Jain

Truth Social app, launched by ex-president Donald Trump-led Trump Media & Technology Group (TMTG), was downloaded around 170,000 times since its launch on the Apple Inc (AAPL) store app on Sunday evening. Although Trump’s clash with Face.....

Are young women on dating apps new target for crypto scammers?

February 23, 2022 05:44 AM AEDT| By Rupam Roy

Crypto 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 23, 2022 05:02 AM AEDT| By Toshiva Jain

Highlights 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 23, 2022 03:56 AM AEDT| By Sanjeeb Baruah

The 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.....

How Greater Manchester Police returned millions to crypto scam victims

February 23, 2022 01:30 AM AEDT| By Manu Shankar

In 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 Sethi

Amid 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 Roy

The 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 Naqvi

Ever 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 Shankar

Highlights 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 Shankar

Fan 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 Sethi

The 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.....