News

Will DeFi have an impact on the global economy?

January 30, 2022 12:31 AM AEDT| By Aditi Saha

The world went through a financial crisis in 2008 and is currently dealing with the corona epidemic, both of which have put the world’s financial system to the test. Decentralised finance (DeFi) has managed to flourish despite many earth-sha.....

What is Buyback-and-burn in crypto?

January 30, 2022 12:25 AM AEDT| By Daniel Paul Johns

Highlights Since Bitcoin’s November high of US$68,500, the coin has dropped to its current price of around US$37,000 One of the main issues that all currencies face – whether they be fiat or crypto – is inflation, which is.....

Top 5 cryptocurrencies to watch in February 2022

January 29, 2022 01:14 PM AEDT| By Ankit Sethi

January was a dull month for cryptocurrencies. Almost all major cryptos lost value. One of the reasons is the looming interest rate hike. The Fed may raise rates in March, and all riskier assets including stocks and cryptos are under pressure. Fro.....

What is Celsius (CEL) token? All you need to know

January 29, 2022 06:45 AM AEDT| By Rupam Roy

The Celsius (CEL) crypto rose around 2.7% in the last 24 hours to Friday morning, but its trading volume decline by about 38% to US$3.8 million. What is Celsius (CEL)? The Celsius platform was launched to provide an all-in-one banking.....

What is Terra (LUNA) crypto? All you need to know

January 29, 2022 04:24 AM AEDT| By Rupam Roy

The Terra (LUNA) crypto’s trading volume surged over 19%, while its price plummeted more than 20% for the last 24 hours to Friday morning. What is Terra (LUNA)? Terra, a blockchain protocol, uses fiat-pegged stablecoins to boost payment sys.....

What makes Saber crypto (SBR) unique?

January 29, 2022 02:44 AM AEDT| By Manu Shankar

Highlights Saber is a decentralized exchange (DeX) that is primarily built on the Solana blockchain network. It aims to be one of the critical liquidity foundations for stablecoins. At the time of drafting, SBR token was trading at US$0......

Can UK be the home of cryptocurrencies?

January 29, 2022 01:58 AM AEDT| By Manu Shankar

Highlights Matt Hancock, former Secretary of State for Health and Social Care, urged the House of Commons to ensure the development of Fintech and cryptocurrencies within the country. Hancock felt that while tokenisation could ensure greater li.....

Wonderland (TIME) scandal: Who’s Michael Patryn & What’s he accused of?

January 29, 2022 01:35 AM AEDT| By Manu Shankar

Highlights On-chain analyst zachxbt on his Twitter account claimed Michael Patryn is the Chief Financial Officer behind the DeFi project Wonderland. The impact of the revelation was felt almost immediately as the Wonderland crypto, which is gov.....

Omicron won’t be the last, next variant will be more virulent: WHO

January 29, 2022 01:14 AM AEDT| By Sanjeeb Baruah

The World Health Organization (WHO) has warned that more coronavirus variants lay in wait, stressing the importance of following covid guidelines, including social distancing and wearing masks. In a Q&A session, WHO’s technical head Mari.....

Why are businesses moving out of Myanmar?

January 29, 2022 01:10 AM AEDT| By Toshiva Jain

Since February 2021, a lot has been happening in Myanmar. As the world collectively fights the Covid-19 pandemic, this third world country has another life-threatening war going on. Last year, in February, the military took over the country in its .....

Reasons why Bitcoin is bleeding

January 29, 2022 12:48 AM AEDT| By Aditi Saha

Highlights Bitcoin, the world’s oldest and largest cryptocurrency, has been in a slump since December and various factors have led to the decline in Bitcoin’s performance. Russia's central bank suggested a ban on crypto mining.....

3 cryptos that made a splash this week

January 29, 2022 12:43 AM AEDT| By Aditi Saha

Highlights DIA, an open-source oracle platform built on the ERC-20 Ethereum protocol. DIA permits market participants to distribute, supply and source reliable data. Frontier is a decentralised finance (DeFi) aggregator, which is cha.....

Keppel posts ‘highest in six years’ profit of SG$1.02 billion

January 28, 2022 09:37 PM AEDT| By Priyanka Payal

Highlights Keppel Corporation posts a net profit of SG$1.02 billion for the entire year ended 31 December 2021. The conglomerate has proposed a final cash dividend of 21.0 cents per share. Keppel’s announcement also includes a share-buyb.....

What is Titano crypto?

January 28, 2022 07:02 PM AEDT| By Raza Naqvi

The price of Titano (TITANO) cryptocurrency surged about eight per cent in the last 24 hours and was trading at US$ 0.1298 per token at the time of writing. The surge in price could be due to the announcement on Twitter that the combined value for.....

What is Moonbeam (GLMR) crypto & its Polygon-based network?

January 28, 2022 06:32 PM AEDT| By Ankit Sethi

Can any blockchain network have monopoly in the decentralized apps (DApps) space? Today, networks including Ethereum, BSC, Cardano, Polkadot, and Solana are competing with each other to become the preferred blockchain for developers. Amid this con.....

Is Australia facing demand-pull or cost-push inflation?

January 28, 2022 06:14 PM AEDT| By Akanksha Vashisht

Highlights It seems imperative to examine the root cause of existing inflation in Australia. Australia’s inflationary pressures can be attributed to both demand-side and supply-side forces. Experts are now anticipating an interest rate h.....

Is Russia heading towards crypto ban?

January 28, 2022 05:40 PM AEDT| By Manu Shankar

The last couple of weeks were quite interesting for Russia in terms of cryptocurrency regulation and ban. Ever since the Central Bank of Russia proposed a blanket ban on all crypto-related activities, investors are closely watching the developments.....