Archives

Highlights Through the funding, Andreessen Horowitz aims to invest in the virtual currencies behind projects and equity in a company. Andreessen Horowitz was founded in 2009, and in the past few years, the private venture capital firm has gaine...

• May 26, 2022 07:28 AM EDT
• Raza Naqvi

Bitcoin is undoubtedly the most valued cryptocurrency that we have right now both in terms of price of each token and market capitalisation. Hardly anybody new about Bitcoin when it was launched in 2009. It gained prominence only after few years...

• May 26, 2022 07:42 PM AEST
• Sonal Goyal

es slumped. The New Zealand sharemarket ended in the red on Thursday after its central bank hinted at a more aggressive tightening path ahead to contain inflation. The RBNZ raised the OCR by 50 bps, as per expectations, in Wednesday’s mone...

• May 26, 2022 08:54 PM NZST
• Sonal

Highlights Built on the Ethereum network, Loopring is an exchange and payment protocol It offers a high-speed, low-fee platform for trading and payments without sacrificing the Ethereum-level security The platform makes use of the zk-Rollup pr...

• May 26, 2022 08:27 PM NZST
• Jasmine Anand

Highlights Internet Computer is a blockchain, with a not-for-profit organisation, DFINITY, at top The network is being used by multiple projects, including gaming, NFTs, DApps, and DeFi ICP token of Internet Computer has mostly traded in the r...

• May 26, 2022 06:21 PM AEST
• Team Kalkine Media

Highlights The native tokens of the Flare network are Songbird and Spark (FLR). The Songbird crypto has a total supply of 16.01 billion, and its self-reported circulating supply is 9.99 billion. Songbird crypto ranks 2,983 out of 19,583 crypto...

• May 26, 2022 02:37 AM EDT
• Raza Naqvi

It is quite possible for a bunch of altcoins to trade in the green despite Bitcoin witnessing a decline. In the stock market as well, not all scrips trade at a gain or at loss simultaneously. Though cryptos are not stocks, many experts are of the v...

• May 26, 2022 03:22 PM AEST
• Team Kalkine Media

Highlights Mainfreight announces best-ever results Profits up 89% Revenue touches the NZ$5.22-billion mark Mainfreight Limited (NZX:MFT), which is a logistics and transport company, announced its full-year results Thursday. It reported it...

• May 26, 2022 04:01 PM NZST
• Manika

Highlights Fonterra increased its forecast opening milk price to $8.25-$9.75 for the 2022/23 season. The Group registered a 20% drop in its profits in the 9 months to April and retained its earnings guidance of 25-35cps. Increased uncertainty,...

• May 26, 2022 03:32 PM NZST
• Sonal

Highlights New Zealand is home to some of the largest companies, renowned for offering quality products and services and strengthening the economy Westpac Banking is the largest NZX-listed company with a market of more than NZ$92 billion Fishe...

• May 26, 2022 03:08 PM NZST
• Jasmine Anand

Highlights Rakon reports record earnings for FY22 Its NPAT, underlying EBITDA and revenue witness a bumper jump With the introduction of a new dividend policy, profits to be reinvested for growth Auckland-based Rakon Limited (NZX:RAK) tod...

• May 26, 2022 02:55 PM NZST
• Jasmine Anand

Highlights New assets are entering the cryptoverse regardless of the ongoing subdued phase DIMO is said to be an open source platform that generates data for vehicle owners DIMO token is native to this platform, and it will be used in governan...

• May 26, 2022 12:36 PM AEST
• Team Kalkine Media

US stocks closed higher on Wednesday, May 25, after Fed's minutes from its last policy meeting showed that most members favored more aggressive interest rate increases to calm inflation. The S&P 500 was up 0.95% to 3,978.73. The Dow Jones rose 0...

• May 25, 2022 02:40 PM PDT
• Rupam Roy

Highlights: Ethereum Classic operates as a smart contract network for hosting decentralized applications (DApps). The ETC token is available for trading on several major crypto exchanges like Binance, OKEx, etc. It returned gains of over 19% i...

• May 25, 2022 10:43 AM PDT
• Rupam Roy

Highlights: Money is a fork of the DeFi aggregator platform yearn.finance (YFI). The YFII crypto price slipped more than 34% in the last seven days. The token is available for trading on exchanges like OKEx, Huobi Global, etc. The DFI.Mon...

• May 25, 2022 07:39 AM PDT
• Rupam Roy