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News
World's Largest Asset Management Firm Sees Opportunity in Stakeholder Capitalism & Sustainability
February 04, 2022 04:30 AM AEDT| By 3BL“I believe the de-carbonization of the global economy is going to create the greatest investment opportunity of our lifetime.” This bold prediction is part of the annual letter sent to CEO...
World's Largest Asset Management Firm Sees Opportunity in Stakeholder Capitalism & Sustainability
February 04, 2022 04:30 AM AEDT| By 3BL“I believe the de-carbonization of the global economy is going to create the greatest investment opportunity of our lifetime.” This bold prediction is part of the annual letter sent to CEO...
What is NFT? How to create and sell?
February 04, 2022 04:14 AM AEDT| By Versha JainNon-fungible tokens (NFT) shot into the limelight after some of them were sold at eye-popping price tags, showing their enormous earning potential. For instance, Beeple sold an NFT titled "Everyday: The First 5000 Days" for an astounding US$...
Why is HMRC’s new DeFi lending tax policy dubbed ‘unnecessary burden’?
February 04, 2022 03:09 AM AEDT| By Manu ShankarHighlights Britain’s tax agency, Her Majesty’s Revenue and Customs (HMRC), is bringing down the gavel on DeFi lending and staking rules which could have an impact on the development of innovation in the Decentralized Finance se...
Why is Immutable X (IMX) crypto trending today?
February 04, 2022 02:25 AM AEDT| By Manu ShankarThe Immutable X (IMX) token is primarily a Layer-2 protocol that is powered by the Ethereum blockchain network. IMX positions itself in such a manner that it is able to ease Ethereum’s problems of limited scalability, illiquidity, and poor us...
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BoE’s rate hike drags market lower
February 04, 2022 02:10 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market trades marginally in red on Thursday after the announcement of the interest rate hike by the Bank of England (BoE). The bank rate has been increased by 25 basis points to 0.50%, with five committee members voting in fav...
Jeff Bezos gets Dutch bridge dismantled to make way for his yacht
February 04, 2022 01:12 AM AEDT| By Sanjeeb BaruahAmazon.com, Inc (AMZN) founder Jeff Bezos is bearing the cost of taking apart a historic Dutch bridge so his US$485-million superyacht can pass, it was revealed this week. Rotterdam officials agreed to dismantle the steel Koningshaven bridge that ...
Why is FORTH crypto making headlines?
February 04, 2022 12:22 AM AEDT| By Manu ShankarAmpleforth (FORTH) is primarily a stablecoin whose value is pegged to the US Dollar. As a decentralised finance (DeFi) platform, the FORTH crypto is powered by the Ethereum platform, which allows the holders of the token to vote on protocol’s...
Meta ceases Diem: What does Facebook token’s end mean for crypto space?
February 04, 2022 12:05 AM AEDT| By Ankit SethiOne of the key pillars of the cryptocurrency world is sentiments. A single tweet from a personality like Tesla’s CEO Elon Musk can trigger a wild swing in the price of a crypto asset. At least for now, more than fundamentals, sentiments decid...
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Cost of living crisis: Bank of England expected to hike interest rates
February 03, 2022 11:57 PM AEDT| By Priya BhandariHighlights Britons and economists are expecting the Bank of England’s Monetary Policy Committee (MPC) to hike interest rates again on Thursday to curb the pressure of surging inflation. Energy regulator Ofgem has said that the energy pric...
How long will IDEX crypto’s bullish run last?
February 03, 2022 10:26 PM AEDT| By Manu ShankarIDEX crypto’s bullish run continues for the second day as it was up by over 80% on 3 February. IDEX has been attracting significant investor interest as well and also witnessed a significant volume gain of well over 700%. The IDEX crypto&rsq...
What is Pocket Network & POKT crypto’s price prediction?
February 03, 2022 08:03 PM AEDT| By Ankit SethiHighlights Not just Ethereum and Fantom, some low market cap blockchains are also competing in the DApps space Pocket Network is a protocol that claims to bring real “decentralization” to blockchains The POKT crypto ranks low...
Why is OOKI crypto price up & how to buy this token?
February 03, 2022 07:09 PM AEDT| By Raza NaqviHighlights: Notably, the 24-hour volume of OOKI crypto has catapulted over 1300 per cent to $223.8 million. The OOKI crypto is the native token of Ooki Protocol, and it can be used for staking purposes. According to the protocol's whitepaper, ...
Wormhole crypto: How hackers bent space-time to steal ETH
February 03, 2022 06:39 PM AEDT| By Ankit SethiHighlights Incidents of hacking of decentralized finance protocols have made headlines in 2022 Wormhole, a bridge between blockchains, has become the latest target of a multi-million-dollar heist The Wormhole crypto project’s hacking shi...
Launch of Game Changing Silumina Anodes
February 03, 2022 06:00 PM AEDT| By Nitish KumarSummary Silumina is a silicon graphite anode product that is the next generation of anode technology that can increase battery energy density with improved cyclability or battery life. Last year, the company announced that it had finally cracked ...
Why has El Salvador rejected IMF’s advice to give up Bitcoin use?
February 03, 2022 03:49 PM AEDT| By Jasmine AnandHighlights El Salvador has dismissed the IMF’s call to drop Bitcoin’s legal status. Its Finance Minister says El Salvador has complied with all the rules related to financial transactions and money laundering. Negations for funds w...
What is crypto mining and how does it work?
February 03, 2022 06:23 AM AEDT| By Rupam RoyHighlights Crypto mining uses the proof-of-work (PoW) consensus mechanism. Mining requires powerful GPUs (graphics processing units). Crypto mining has been a boon for GPU manufacturers. For those unfamiliar with the term "crypto mining",...
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Should you follow what celebrities say about cryptocurrencies?
February 03, 2022 05:54 AM AEDT| By Versha JainCryptocurrency is one of the most discussed subjects today. These conversations are no longer limited to regulators or fanatical crypto fans but pervaded into the broader public sphere. No wonder all sorts of opinions regarding cryptocurrency, fro...
What makes PathFund (PATH) crypto a unique auditing launchpad
February 03, 2022 02:21 AM AEDT| By Manu ShankarPathFund is a decentralized token that aims to deliver crypto-based solutions for individuals and enterprises. The main priority of the project is to make the interaction between an individual and the crypto world easier. Operating as a cryptocurr...
What is Gen Z looking at as an alternative to pension investment?
February 03, 2022 01:44 AM AEDT| By Sreenivas D AjankarHighlights Younger generations are ditching traditional investment assets and exploring different avenues to save and invest. Thanks to various mobile apps and online financial content, the younger generation is more aware of personal finan...
AI on the Rise: A Look at Top AI Companies and Their Stocks