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Delta One raises US$9.1 mn to develop crypto ‘yield’ products
April 20, 2022 05:34 AM AEST| By Versha JainDeFi protocol Delta One raised US$9.1 million in a seed funding round led by Alameda Research and Ship Capital on April 19. The protocol provides sustainable yield strategies. Those who participated in the funding round included Solana Ventur.....
Why is Decentralized Social (DESO) crypto gaining attention?
April 20, 2022 04:36 AM AEST| By Rupam RoyDecentralized Social (DESO) crypto rallied over 3% on Tuesday afternoon. Its trading volume was also up more than 17% in the last 24 hours. The rally followed gains in the broader crypto market, partly due to advances in Bitcoin (BTC) and Ethereum.....
Is Dogger Token (DOGGER) the next mover-and-shaker in social media?
April 20, 2022 03:03 AM AEST| By Rupam RoyThe Dogger Token (DOGGER) price rallied over 17%, while the trading volume skyrocketed by more than 952% in the last 24 hours to Tuesday morning. Though we have heard of social media companies like Facebook and Twitter, it could be hard to imagine.....
Why is ECOMI (OMI) crypto rising?
April 20, 2022 02:22 AM AEST| By Versha JainThe ECOMI (OMI) token surged 8.77% to US$0.002667 at 8:01 am ET on Tuesday after it announced the full integration of the ERC-20 OMI token on the OKX crypto exchange. Although the token is already traded on OKX, it will now be available for .....
Zilliqa (ZIL) crypto soars amid rising market. Here's why
April 19, 2022 10:50 PM AEST| By Raza NaqviAfter declining rapidly over the last few days, the overall cryptocurrency market showed recovery on Tuesday morning, April 19. At 8 AM EST, the global crypto market cap had jumped 4.5 per cent to US$ 1.89 trillion. Also, the total crypto market v.....
LPN token: What is Luxurious Pro's price volatility all about?
April 19, 2022 06:18 PM AEST| By Ankit SethiDid you know that there are tens of thousands of crypto assets available globally? Regardless of the risks and volatility that ail the cryptocurrency investment space, new assets continue to be launched. Crypto price tracking website CoinMarketCap .....
Lockdowns in China weigh on economic outlook; Should Australia worry?
April 19, 2022 10:48 AM EEST| By Akanksha VashishtHighlights The recent imposition of lockdowns in China has clouded the outlook for global economic growth. Data released by the National Bureau of Statistics (NBS) reveals that retail sales have declined in China during March. The knock-on eff.....
Apollo Global aims to assist in financing of Twitter’s bid
April 19, 2022 09:37 AM EEST| By Aditi SahaHighlights According to media reports, Apollo Global has shown an interest in assisting with a Twitter acquisition. Last week, Musk offered to purchase Twitter Inc. for US$43 billion. Last Friday, Twitter Inc implemented a “poi.....
RBA’s April meeting minutes out, any hint of rate hikes?
April 19, 2022 07:56 AM EEST| By Akanksha VashishtHighlights The Reserve Bank of Australia has recently released its minutes for the April monetary policy meeting. Given the rapid rise in inflation, an interest rate hike is expected in the coming months. The RBA would pay close attention to t.....
Crypto Catch: Crypto market rebounds after major Easter selloff
April 19, 2022 01:39 PM AEST| By Daniel Paul JohnsHighlights It’s been a rocky last couple of days for the crypto market as Bitcoin sunk to as low as US$37,500 on Monday only to recover early this morning. Yesterday’s bitcoin and crypto sell-off came as U.S. stock futures dipped ah.....
Oil rises on Libya’s supply drop & Shanghai’s rising demand prospects
April 19, 2022 06:08 AM EEST| By Arpit VermaHighlights Crude oil prices rose on Tuesday. The current rise in oil prices is also underpinned by strong prospective demand in China. The possibility of a European Union ban on Russian oil continues to keep the market on edge. Crude oil .....
What is Pacman Frog (PAC) crypto and why is it trending?
April 19, 2022 03:55 AM AEST| By Versha JainPacman Frog (PAC) is a new project in the crypto space and is not listed by cryptocurrency information aggregators like Coinmarketcap yet. In March this year, it launched its Twitter account and currently has 329 followers. According to its Twitter.....
Why is Audius (AUDIO) crypto rising?
April 19, 2022 03:31 AM AEST| By Rupam RoyThe global crypto market declined on Monday morning, partly due to the losses in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The market fell 3.61% to US$1.82 trillion at 11:52 am ET on April 18, while its one-day volume rose 64.52.....
Is Algorand (ALGO) crypto darkening Times Square for Earth Day?
April 19, 2022 01:47 AM AEST| By Rupam RoyThe Algorand Foundation, the organization behind the Algorand (ALGO) crypto, gained significant attention on Monday after it announced to blackout the iconic Times Square to observe Earth Day one day ahead on April 21. However, the ALGO token pric.....
Crypto firm Beanstalk (BEAN) seeks FBI help after hacker loots US$80 Mn
April 18, 2022 11:13 PM AEST| By Versha JainCrypto company Beanstalk (BEAN) reportedly lost around US$80 million in a major security breach on Sunday. Coindesk reported that the amount could be much higher, pegged at around US$182 million. Meanwhile, the company has contacted the FBI to help.....
What is Australian govt doing to boost stem cell research?
April 17, 2022 05:46 PM EEST| By Aditi SarkarHighlights Stem cells are special kind of cells that possess a unique ability to regenerate Regenerative medicine can treat complicated medical conditions that are otherwise impossible by conventional methods The Australian government has prov...
Zuck Bucks- latest digital currency scheme brewing at Meta?
April 17, 2022 05:37 PM EEST| By Toshiva JainHighlights Meta seems to be exploring digital currencies passionately to compensate for the decline in revenues due to fall in global usage of Facebook and Instagram. Unlike Diem and other common digital currencies, Zuck Bucks will not be based...
Big banks predict interest rate rises in next six months
April 17, 2022 05:04 PM EEST| By Toshiva JainHighlights Australian big banks predict that the Reserve Bank of Australia (RBA) may increase interest rate in June, following the federal elections. The first rise can take the interest rate from 0.1% to 0.25%. Since over a million people hav...
How is Canada empowering women in fight against climate change?
April 17, 2022 05:01 PM EEST| By Sundeep RadeshHighlights The government of Canada is trying to encourage women in the international sphere with regards to climate action and make them more involved in decision making processes at the global level With regards to dealing with climate change.....
Where is the oil market headed in next few weeks?
April 16, 2022 05:53 PM EEST| By Arpit Vermacurtailed. The global crude oil market has been volatile for the past few weeks amid ongoing political turmoil between Russia and the Western nations over Ukraine's invasion. Analysts across the globe believe that the oil market might head into....