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Why GXChain 2.0 will be known as REI Network?
December 03, 2021 05:49 PM AEDT| By Aditi SahaHighlights GXChain operates as a public blockchain that provides decentralised data exchange solutions. The GXChain Foundation proposed revolutionising its ecosystem cooperation, brand, token distribution, and economic model. By rebranding its.....
IMF urges G20 nations to step up framework for debt treatments
December 03, 2021 05:48 PM AEDT| By Toshiva JainHighlights As the pandemic began, the G20 nations took the G20 Debt Service Suspension Initiative (DSSI). As the DSSI ends at the end of 2021, the underdeveloped countries will be pushed towards greater vulnerabilities. If emerging countries d.....
Metaverse: Which are the top 5 coins making waves?
December 03, 2021 05:41 PM AEDT| By Jasmine AnandHighlights As the virtual world featuring avatars and numerous digital objects are hogging the limelight, people are getting allured by Metaverse cryptos. MANA, the Metaverse token of Decentraland, is hugely popular for owning and managin.....
Crypto ETFs Coming Soon, Altcoin Merit Circle listed on Binance
December 03, 2021 01:54 PM AEDT| By Daniel Paul JohnsCrypto ETF Coming Soon Australians will soon be able to invest in crypto ETFs for the very first time. The Exchange Traded Funds will offer an opportunity for Australian investors who will be able to invest in Bitcoin and Ethereum without purchas.....
Crude oil ends higher amid OPEC’s plan to boost output
December 03, 2021 01:18 PM AEDT| By Arpit VermaHighlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost the supply in January. Crude oil prices settled nearly 1% higher on Thursday after a volatile.....
OECD warns Omicron might slap global economy
December 03, 2021 12:06 PM AEDT| By Toshiva JainHighlights The World Health Organization (WHO) has confirmed that the Omicron COVID-19 variant has reached around 23 countries. The Organisation for Economic Co-operation and Development (OECD) has warned that the world economy will hit a slowd.....
PumpETH (PETH) token jumps 6000%. Is it worth exploring?
December 03, 2021 11:45 AM AEDT| By Versha JainThe PumpETH (PETH) token traded at US$$0.0000005504 at 5:26 pm ET on Thursday, rising 5615.80% in the last 24-hours, which is a record. The token was launched on Nov 27, 2021. It has a current market capitalization of around U.....
Anonymous transfer of US$875-mn worth of Bitcoin raises questions
December 03, 2021 11:28 AM AEDT| By Versha JainA recent anonymously transfer of US$875 million worth of Bitcoins between two cryptocurrency wallets has raised disbelief and many questions. The incident has triggered various reactions from the crypto community. The case pertains to crypto whale.....
US stocks rise, lifted by financial, energy stocks
December 03, 2021 08:33 AM AEDT| By Versha JainBenchmark US indices closed higher on Thursday, December 2, as stocks across all sectors, including financial, energy, healthcare, and technology, moved higher after Omicron concerns waned. The S&P 500 rose 1.42% to 4,577.10. The Dow Jones surge...
Five key US economic sectors to keep an eye on in 2022
December 03, 2021 08:28 AM AEDT| By Versha JainThe US GDP growth fell to around 2% in the third quarter from a year earlier. However, the full-year growth is expected to be 5.2% and expand by 3.5% in 2022. Likewise, the Consumer Price Index (CPI) YoY change is expected to be 6% in December 202.....
What Are the best crypto apps in Australia?
December 03, 2021 07:00 AM AEDT| By Daniel Paul JohnsHighlights The Kraken app offers a crypto exchange that’s very good for beginners with its intuitive design. Coinbase has had a good year, becoming the first crypto exchange to get an IPO when it was listed on the NASDAQ in April Binance.....
Microsoft’s (MSFT) new Teams Essentials is dirt cheap – know features
December 03, 2021 06:45 AM AEDT| By Sanjeeb BaruahHighlights The latest version is specially designed for small businesses and has key features like video calls, file sharing, calendaring, and group chat. Teams Essentials is Microsoft’s first standalone service, separate from its Office.....
Square Inc (SQ) changes corporate name to Block
December 03, 2021 05:13 AM AEDT| By Team Kalkine MediaHighlights Square Inc will officially become Block on Dec 10, the company said in a release on Wednesday. Square Inc’s ticker symbol SQ on the NYSE exchange will remain as it is. The company also said there would be no organizational c.....
Tech giants under Morrison government scanner over user safety
December 02, 2021 08:36 PM AEDT| By SamtaHighlights Australia raises the possibility of more legislation on the tech giants with a new inquiry. The committee lawmakers will investigate the algorithms used by the social media platforms. Morrison said big tech companies have big questi.....
Times Studio blends cartoons and the crypto world for kids
December 02, 2021 07:40 PM AEDT| By Aditi SahaHighlights The cartoon universe is now preparing to embrace a modern outlook by employing non-fungible tokens. Times Studio will produce a new children's television show based on the NFT collection "Robotos." Pablo Stanley is the creator...
What is BAX crypto & why has it soared 6000%? Know its price prediction
December 02, 2021 07:37 PM AEDT| By Raza NaqviHighlights The one-day volume of the BAX cryptocurrency has skyrocketed by 6077 per cent to US$ 24.1 million. The BAX crypto is the native utility token of the BABB network, which is a London-based financial blockchain platform. Using in.....
Footwear giant Adidas steps into metaverse with Sandbox land deal
December 02, 2021 05:31 PM AEDT| By Aditi SahaHighlights Adidas has bought a plot of land on the Sandbox, a blockchain-based virtual universe. Sandbox has its cryptocurrency, SAND that gamers can use to purchase virtual space within this world as NFTs. Sandbox and Adidas' collaborat.....
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What is Ripple’s Liquidity Hub all about?
December 02, 2021 04:52 PM AEDT| By Jasmine AnandHighlights Famous enterprise blockchain and crypto solutions provider Ripple has revealed a new crypto service, Liquidity Hub, for finance companies. This alpha product will allow its partner firms to offer trading options for cryptocurre.....
Fall in iron ore prices prompts decline in Australian exports in October
December 02, 2021 04:03 PM AEDT| By DaminiThe Australian Bureau of Statistics (ABS) has recently released a new set of international trade data, which reflects a fall in trade surplus in October 2021. The data reveals that the seasonally adjusted balance on goods and services surplus fell .....
Bitcoin Advocate enthusiastic on decentralised economy
December 02, 2021 02:20 PM AEDT| By Daniel Paul JohnsA venture capitalist and early advocate for bitcoin has said he believes cryptocurrency is ushering in a new age of peace. Speaking to CoinDesk TV on Tuesday, billionaire Timothy Draper, said that blockchain-based technology would be irrefutably l.....
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