News
What is Galeon crypto project & its native token?
March 11, 2022 05:26 PM AEDT| By Ankit SethiHighlights The GALEON crypto is native to the healthcare-focused and blockchain-powered Galeon project The GALEON token is very new at the moment, and most of its self-reported figures have yet to be verified GALEON is said to be listed .....
Crypto Catch: Bitcoin plunges over 5%, slips below US$40k
March 11, 2022 02:05 PM AEDT| By Daniel Paul JohnsHighlights The crypto market fell on Thursday as some of the initial excitement surrounding U.S. President Joe Biden's crypto executive order fizzles out. Bitcoin was last down more than 5 percent dropping below US$40,000 once again, after risi.....
US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 10, 2022 02:44 PM PST| By Versha JainBenchmark US indices retreated from the previous day’s gains to close lower on Thursday, March 10, after US inflation touched another 40-year high in February, fuelled by higher energy costs. The Labor Department said the consumer price index...
US inflation climbs to 7.9%; food, housing become more expensive
March 10, 2022 09:57 PM GMT| By Sanjeeb BaruahHighlights Excluding energy and food costs, consumer prices rose at an annual rate of 6.4% last month. The Russian invasion of Ukraine has turbocharged the prices of oil, wheat, and precious metals. Fed Chair Jerome Powell said last week that .....
Is Dovu (DOV) crypto migrating to HTS after US$100 mln boost?
March 11, 2022 05:37 AM AEDT| By Versha JainHighlights Dovu (DOV) is a cryptocurrency that operates on the Ethereum platform. It currently has 5,592 token holders. Dovu (DOV) received a grant of US$100 million from HBAR Foundation’s climate fund. Dovu (DOV) on Thursday said i.....
Why is sUSD (SUSD) gaining attention?
March 11, 2022 03:21 AM AEDT| By Rupam RoyHighlights: sUSD is a synthetic USD token or stable coin enabled by the Synthetix protocol. It keeps track of the US dollar (US$) 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......
FTSE 100 declines over 1.5%, FCA suspends trading in Evraz
March 10, 2022 02:51 PM GMT| By Sreenivas D AjankarUK Market: The UK stock market turned lower on Thursday. The blue-chip FTSE 100 index was down over 1.5%. Evraz Plc (LON: EVR) was amongst the top losers on the index. The financial regulator, FCA, temporarily suspended trading in the company’s...
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.....
New Energy One IPO: When to expect this green SPAC’s London listing?
March 10, 2022 12:16 PM GMT| By Rishika RainaHighlights The green SPAC NEOA, which is financially backed by Eni and Livestream LLC, is planning to go for a London listing. The company is planning to raise funds worth around £175 million ($230 million) through the offering. Approxim.....
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.....
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.....
Moderna boosts vaccine development, soon to start recruitment drive
March 10, 2022 06:04 AM GMT| 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.....
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.....