News
Why is sUSD (SUSD) gaining attention?
March 11, 2022 03:21 AM AEDT| By Rupam RoyHighlights: sUSD is a synthetic USD token or stable coin enabled by the Synthetix protocol. It keeps track of the US dollar (US$) price. The token could be traded without slippage for other assets native to the Synthetix protocol. The cry.....
Why is Elrond (EGLD) crypto gaining attention?
March 11, 2022 02:49 AM AEDT| By Versha JainIn a major boost for the crypto company Elrond Network (EGLD), Romania's central bank has approved its acquisition of e-money firm Twispay, accelerating its expansion in Europe. The EGLD token's trading volume soared more than 18% to about US$261......
BluMetric (BLM) & H2O (HEO): 2 TSXV green stocks to see as oil surges
March 11, 2022 01:40 AM AEDT| By Kajal JainHighlights The climate change threat is one of the major concerns of today’s age. As we look for urgent environmental actions, clean energy sources and green technologies could emerge as the answers to these concerns and serve as th.....
Why is BNBBack crypto suddenly soaring and should you be wary?
March 11, 2022 01:34 AM AEDT| By Raza NaqviHighlights: BNBBack launched the native token on February 19, 2022 and said that users could use BNBBACK crypto to earn rewards by holding the cryptocurrency in their wallets. According to the whitepaper, BNBBACK is a BEP-20 token on the Binanc.....
Will new crypto regulatory law in Dubai encourage crypto adoption?
March 11, 2022 01:13 AM AEDT| By Manu ShankarIn recent times, Dubai has established itself as one of the crypto hubs in West Asia. The raging crypto interest has, in fact, made leading cryptocurrency exchange Binance consider Dubai as one of the global offices. Although eventually, Binance c.....
Why is European Union's MiCA bill vote one to watch out for?
March 11, 2022 01:06 AM AEDT| By Manu ShankarAfter weeks of debate and deliberations, the European Union are all set to vote on the critical Markets in Crypto Assets (MiCA) bill. The MiCA bill has seen its fair share of ups and down and often been criticized for the content of the bill by the m...
Why is THORChain (RUNE) crypto rising?
March 11, 2022 12:02 AM AEDT| By Rupam RoyHighlights: There are around 18,133 cryptos and 460 exchanges in existence today. THORChain (RUNE) is a decentralized liquidity protocol that enables an easy exchange of crypto assets across different networks for its users. THORChain allows u.....
Green Metaverse Token (GMT): Why is it drawing attention?
March 10, 2022 08:27 PM AEDT| By Manu ShankarHighlights Powered by the Solana blockchain, the GMT token is the native token of STEPN. The GMT token offers staking rewards and its users the option to burn the tokens in the STEPN app. Backed by leading names of the crypto.....
Axie Infinity launches new program to crank up tokenomics
March 10, 2022 08:26 PM AEDT| By Daniel Paul JohnsOne of the biggest success stories to come out of last year’s crypto boom was the rise of crypto play-to-earn gaming. Play-to-earn gaming is where players are able to earn crypto tokens by obtaining non fungible tokens (NFTs) within the game......
LimeWire plans comeback as NFT marketplace: A look at NFT-trading space
March 10, 2022 08:15 PM AEDT| By Ankit SethiHighlights LimeWire might reportedly enter the NFT sector in May this year LimeWire may compete with the likes of OpenSea, Rarible, and SuperRare, besides Christie’s Tokens of Rarible and SuperRare have not performed well so far th.....
India's Gufic Bioscience to collaborate with Australia's Selvax
March 10, 2022 07:23 PM AEDT| By SamtaHighlights Australia based Selvax and India's Gufic Biosciences are entering into a research and collaboration agreement. Orbit Financial Capital is the exclusive financial advisor to the transaction. Selvax aims to develop safe, ef.....
Elon Musk ships new technology to Ukraine, Mykhailo Fedovor thanks him
March 10, 2022 07:18 PM AEDT| By Sonal GoyalHighlights Mykhailo Fedovor, vice prime minister of Ukraine, has thanked Elon Musk, as Ukraine has received second shipment of Starlink Rapid Deployment kits. Starlink Rapid Deployment kits assist in emergency communication. Northern NSW.....
What is Wilder World metaverse? WILD crypto’s trading volume soars
March 10, 2022 05:48 PM AEDT| By Ankit SethiHighlights Wilder World has a pretty low market cap as compared to Decentraland and Axie Infinity The metaverse of Wilder World has yet to find acceptance among backers for its virtual real estate and gaming as compared to the already boo.....
Know all about ICON (ICX) crypto and its advantages
March 10, 2022 05:46 PM AEDT| By Jasmine AnandHighlights Despite tensions across the global crypto market, ICON crypto is faring well. It uses the delegated proof-of-stake mechanism and offers high security and lesser fees as compared to its peers. The token is available on several exchan.....
TSX continues rise as base metals & energy gain, loonie up
March 10, 2022 05:30 PM AEDT| By Sundeep RadeshFor the second day in a row, the TSX Composite Index closed in the green after gaining 88.47 points, 0.41 per cent, to 21,581.70, Thursday, March 10. The financial sector was down 0.14 per cent, but energy gained 1.66 per cent and base metals 1.37 pe...
Moderna boosts vaccine development, soon to start recruitment drive
March 10, 2022 05:04 PM AEDT| By SamtaHighlights Spikevax’s Moderna has boosted its vaccine development in Australia. The company expects to launch a local manufacturing plant by the end of 2024. It will soon start its recruitment drive to ensure enough talent.&n.....
Will NZ economy be insulated from impact of Ukraine war?
March 10, 2022 03:48 PM AEDT| By ManikaHighlights NZ is not a big trading partner with Russia or Ukraine. Its greatest impact will be because of oil price hikes. Commodity price increases may help the Kiwi dollar. New Zealand is a minor trading partner for Russia and Ukraine, .....
Crude oil tumbles as OPEC members pledge to increase supply
March 10, 2022 02:32 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Wednesday. The prices logged their biggest daily decline since November 2021. The US has urged the whole world to enhance oil production. Crude oil prices tumbled on Wednesday after the United Arab E.....
Crypto Catch: BTC, ETH rally as US executive order eases investors’ concerns
March 10, 2022 01:47 PM AEDT| By Daniel Paul JohnsCrypto prices have surged significantly after US President Joe Biden released the first ever executive order on cryptocurrency. The order revealed how it will be investigated and regulated in the future. While the crypto space had been anticipatin.....
TSX rebounds with financials & tech up, loonie gains
March 10, 2022 09:30 AM AEDT| By Sundeep RadeshOn Wednesday, March 9, the TSX Composite Index bounced back by 261.20 points, 1.23 per cent, to 21,493.23. While energy fell 3.5 per cent, the financial sector that constitutes nearly 32 per cent of Canada’s benchmark index rebounded 2.1 per ce...