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Financial
5 best cryptocurrencies to invest today
August 26, 2021 11:06 AM BST| By Suhita PoddarHighlights A CNBC survey has found that 1 in 10 people are currently investing in cryptocurrencies at present. Digital coins have been ranked fourth most popular investment after real estate, stocks, mutual funds and bonds. Fintech companies a.....
Why Tezos can be the next sunrise crypto to invest in
August 26, 2021 09:35 AM BST| By Kamalika GhoshHighlights Tezos is a blockchain network that works on the proof-of-stake (PoS) consensus. It offers peer-to-peer (P2P) transactions through its native token XTZ by deploying smart contracts through its decentralized platform. .....
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Poly hacker returns more than $600mn ‘stolen’ money
August 25, 2021 04:37 PM BST| By Kamalika GhoshHighlights Poly Network stole around US $600 million worth of crypto coins from Poly Network A hacker named White Hat insisted that his motive was to keep the funds somewhere safe. The hacker exploited a security flaw in the Poly Network.....
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FCA warns general insurers. Should you hold these 3 FTSE stocks?
August 25, 2021 03:57 PM BST| By Suhita PoddarHighlights Financial regulatory body Financial Conduct Authority (FCA) issued a final warning to insurers who were not yet ready to implement value for money rules. FCA’s updated product governance rules are set to come into effect in Oct.....
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What can you do when cryptocurrencies are crashing?
August 25, 2021 02:02 PM BST| By Suhita PoddarWednesday has been a stressful day for the cryptocurrency market. It’s barely been a couple of days that the crypto industry celebrated Bitcoin breaching the $50000 mark. It was the first time that the leading cryptocurrency reached the mark .....
5 Upcoming ICOs to watch out for
August 25, 2021 10:59 AM BST| By Suhita PoddarHighlights An initial coin offering (ICO) is a form of funding with cryptocurrencies. With the cryptocurrency market still evolving, ICO has become a viable solution for blockchain-led startups to get listed on various websites. An initial.....
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Argo Blockchain IPO: Can you buy this stock as an alternative to crypto?
August 25, 2021 10:51 AM BST| By Suhita PoddarArgo Blockchain Plc (LON: ARB), which operates in bitcoin and other cryptocurrencies mining, has filed F1 Registration for an initial public offer (IPO) on the New York Stock Exchange. The blockchain technology company plans to raise USD 75 million.....
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What makes X2P token so unique?
August 25, 2021 08:27 AM BST| By Kamalika GhoshHighlights Xenon Pay, popularly known by its token name X2P, is a decentralised finance protocol, which operates on the Binance Smart Chain. The X2P token users also receive a 10% benefit from all the transaction fees from the netwo.....
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How high can Cardano go past the recent rally
August 24, 2021 04:10 PM BST| By Suhita PoddarHighlights Cardano’s recent surge has mainly been post the announcement of the Alonzo upgrade. On Tuesday, at the time of writing (BST 2:30 pm), CoinMarketCap was up by 1.12%. Besides the Alonzo Hard Fork, Cardano from Wednesday (August .....
Top 10 cryptocurrencies to buy
August 24, 2021 03:52 PM BST| By Suhita PoddarHighlights Cryptocurrencies have once again gained momentum in recent weeks, after being in a bearish trend during Q1 2021 While Bitcoin is the most known digital currency, thousands more have emerged to cater to the evolving requirements in th.....
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What is Market Cap in Crypto and how does it help
August 24, 2021 02:10 PM BST| By Suhita PoddarHighlights Market capitalisation indicates a mathematical technique for determining the value of a cryptocurrency. It is an indicator of the dominance or popularity of a particular cryptocurrency. Market cap is calculated by multiplying the to.....
Non-Fungible Defi: Perfect mix of NFT and DeFi on One Platform
August 23, 2021 05:28 PM BST| By Kamalika GhoshThe Non-Fungible protocols have spread like wildfire, especially in 2021. The non-fungible tokens (NFT) have had a good 2021, registering sales of US $2.5 billion in the second quarter from just US $13.7 million in the first half of 2020. The decentr...
Visa powered crypto: Payments giant forays into the world of NFT commerce
August 23, 2021 04:11 PM BST| By Suhita PoddarHighlights American financial payments major Visa Inc announced its first step into non-fungible tokens after it bought CryptoPunk 7610 for 49.5 ETH. The transaction completed on 18 August roughly equates to about US$ 150,000. Visa also hailed.....
What is Loopring Token? How does it operate?
August 23, 2021 01:52 PM BST| By Suhita PoddarHighlights Loopring (LRC) is a decentralised exchange protocol built on the Ethereum network, allowing users to trade across cryptocurrency exchanges. The Loopring protocol was first deployed on the Ethereum main net in December 2019. At.....
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How PayPal's entry into the UK can change crypto trading
August 23, 2021 11:39 AM BST| By Kamalika GhoshHighlights PayPal will offer its cryptocurrency services to the UK customers to buy, hold and sell cryptocurrencies from next week. Like the US version, PayPal will partner with digital currency company Paxos to offer its services to buy .....
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10 most bought cryptocurrencies of 2021
August 22, 2021 07:05 AM BST| By Suhita PoddarThe global cryptocurrency market capitalisation hit $2.06 trillion (£1.4 trillion) for the first time in nearly three months this week, driven by a surge in major altcoins such as bitcoins, XRP, Dogecoin, Ether and Cardano. The prices surge .....
How high can bitcoin go as Wells Fargo, JP Morgan push for Bitcoin fund
August 20, 2021 04:35 PM BST| By Suhita PoddarThe cryptocurrency market has seen a good surge in 2021. Despite the lull in the May-June period, the cryptocurrencies have bounced back strongly, with most trading in green zone. Cashing in on this wave, another pair of big banks -- Wells Fargo and...
What is LTO token? Is it a good investment for you?
August 20, 2021 02:47 PM BST| By Kamalika GhoshLTO Network (LTO) is a hybrid blockchain protocol that is designed for workflows and business automation. The hybrid approach makes the LTO network an immutable digital notary. Thanks to its live contracts, it allows companies to enter and carry ou.....
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What is KILT Protocol?
August 20, 2021 09:09 AM BST| By Suhita PoddarHighlights KILT Protocol is an open source blockchain protocol that is developed on the Polkadot network. The KILT protocol is used to issue verifiable and anonymous credentials in Web 3.0 and with the help of an entity called the A.....
Facebook intends to present NOVI wallet as a trusted player in industry
August 19, 2021 05:08 PM BST| By Suhita PoddarHighlights Novi Wallet will be a Diem blockchain-based payment platform which can facilitate crypto payments The Novi Wallet promises to be a person-to-person payments system that can used domestically as well as internationally. Facebook .....
