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News
Is crypto legal in New Zealand?
February 08, 2022 12:30 PM AEDT| By Jasmine AnandCryptocurrencies have seen a meteoric rise in their usage in recent times as people are charmed into investing in these new-age digital assets. New Zealand, being one of the most digital currency-friendly countries in the world, has not banned the.....
Meta (FB) builds shield after avatars ‘harass’ proxies in metaverse
February 08, 2022 10:09 AM AEDT| By Team Kalkine MediaHighlights Some users have faced harassment on Meta’s Horizon network, its virtual reality platform. The protective function will be turned on by default. Meta Platforms had opened its virtual reality platform to the public in North Am.....
Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion
February 08, 2022 06:35 AM AEDT| By Rupam RoyThe Colorado-based airline holding company, Frontier Group Holdings, Inc (NASDAQ: ULCC), is acquiring its rival Spirit Airlines Inc. (NYSE: SAVE) for US$6.6 billion in a cash-and-stock deal. The purchase is expected to help Frontier compete with l.....
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Now crypto firms want to ride on Super Bowl’s popularity, book ads
February 08, 2022 05:13 AM AEDT| By Rupam RoyHighlight Super Bowl broadcaster NBV has sold out all its commercial time for Feb 13 match. NBV is charging as much as US$7 million for a 30-second slot, up 27% YoY. Coinbase Global, FTX, Crypto.com, and Bitbuy will run ad campaigns during the.....
What is Everdome (DOME) Metaverse? How is it unique?
February 08, 2022 02:21 AM AEDT| By Manu ShankarThe metaverse is potentially the hottest thing in the market at the moment. Various metaverse games such as Decentraland, The Sandbox etc., have taken the immersive gaming experience to a whole new level. It has grown manifold, and the current glob.....
Why is Smooth Love Potion (SLP) crypto grabbing eyeballs?
February 08, 2022 01:53 AM AEDT| By Manu ShankarSmooth Love Potion (SLP) crypto primarily a blockchain-based game, which can be earned by playing the popular NFT game Axie Infinity. Smooth Love Potion token is a multi-blockchain network that is powered by Ethereum, Solana, Ronin. The ERC-20 gami.....
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FTSE 100 makes a positive start to the new week
February 08, 2022 01:52 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market has made a strong start to the new week and the major indices are trading in green ignoring the inflation worries. The blue-chip FTSE 100 index was up by 0.55% in the late hours of trade on Monday. Casino and gambling s...
Ørsted Appoints the Next Group CFO
February 08, 2022 12:05 AM AEDT| By 3BLToday, Ørsted’s Board of Directors appointed Daniel Lerup as the next Group Chief Financial Officer (CFO) and member of Ørsted’s Executive Committee as of 8 April 2022. Daniel Lerup is cur...
Shiba Inu coin buzzes again: Can it reach $1 in 2022?
February 07, 2022 10:08 PM AEDT| By Raza NaqviThe cryptocurrency market was trading in the green on Monday, February 7, as investors seem to have regained their confidence in virtual assets. Bitcoin, the world's oldest cryptocurrency, was about 15 per cent to US$ 42,591.7 per token at the tim.....
Top 5 Web 3.0 crypto projects to watch
February 07, 2022 10:08 PM AEDT| By Ankit SethiHighlights Web 3.0 is all about a decentralized internet where users are more powerful than tech entities Dozens of projects are working on Web 3.0, but ones with high market cap and a defined utility make an interesting watch Crypto p.....
Shopify (SHOP) share: When to expect reversal of underperformance?
February 07, 2022 09:48 PM AEDT| By Sreenivas D AjankarHighlights Tobias Lütke, founder and chief executive officer of Shopify, is set to join Coinbase as its board member. Shopify uses the Coinbase commerce payment gateway to accept payments in the United States. Shopify Inc. (NYSE: SHOP) (L.....
Can Tectonic crypto hit $1 by 2025? TONIC token’s price prediction
February 07, 2022 08:22 PM AEDT| By Ankit SethiHighlights Tectonic, a DeFi protocol, has been gaining value over the past few weeks The TONIC token of the project is used for staking, but as of now, it has a very low market cap The price movement of other cryptos and the performance of the.....
Mines of Dalarnia (DAR) crypto: How long will the rally sustain?
February 07, 2022 07:01 PM AEDT| By Manu ShankarHighlights Developed by Workinman Interactive, Mines of Dalarnia (DAR) coin is primarily an action-packed blockchain-based game that is powered on Ethereum and Binance Smart Chain protocol. On 7 February, the Mines of Dalarnia's saw a.....
Crypto Catch: North Korean hackers reportedly use stolen crypto to fund missile programme
February 07, 2022 04:04 PM AEDT| By Daniel Paul JohnsNorth Korean cyber criminals have robbed cryptocurrency worth millions of dollars to finance North Korea’s missile programme. According to a UN report, between 2020 and mid-2021 cyber-attackers stole more than US$50 million of digital assets.....
Can Fed rate hikes impact emerging markets?
February 06, 2022 12:52 AM AEDT| By AshishHighlights Kristalina Georgieva, managing director of the IMF, recently said interest rate hikes by the Fed could have an impact on global recovery. She feared that escalated interest rates in the US could make repayment costlier for econom.....
What is UFO Gaming (UFO) and why was it in news this week?
February 06, 2022 12:39 AM AEDT| By Aditi SahaHighlights Metaverse-themed projects are getting attention in the gaming world. A metaverse gaming platform that is currently hitting the headlines is UFO Gaming. UFO Gaming is a decentralised gaming platform that permits a player to earn more.....
What impact is the crypto market having on the economy?
February 06, 2022 12:36 AM AEDT| By Daniel Paul JohnsHighlights At a time when the the global economy is dealing with the fallout of the pandemic, never has the determination of crypto’s impact on the wider economy been more important Just recently, the Russian media reported the Deputy.....
What’s next for Star Atlas after its recent rally?
February 05, 2022 09:28 PM AEDT| By Manu ShankarStar Atlas crypto (ATLAS) is one of the prominent names that one can’t afford to miss if you are in the metaverse space. The astral-themed metaverse project, which is powered by the Solana blockchain has seen significant growth ever since the.....
Shiba Inu (SHIB) takes plunge into metaverse: 6 facts about meme token
February 05, 2022 12:00 PM AEDT| By Versha JainHighlights Shiba Inu (SHIB) takes the plunge into metaverse with the Shiberse project. Shiba Inu (SHIB) token soared 3.46% at 7:37 am ET on Friday after the recent decline. The token gained 206800% in one year. Shiba Inu (SH.....
Volvo, Northvolt to build US$3.3-bn battery gigafactory in Sweden
February 05, 2022 11:27 AM AEDT| By Rupam RoyHighlights The plant’s construction, which includes an R&D center, will begin next year. The batteries for Volvo and Polestar models are expected to start in 2025. The new facility would create 50-gigawatt-hour (GWh) of battery c.....
AI on the Rise: A Look at Top AI Companies and Their Stocks