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News
CroNodes (CRN) crypto declines 77% in a week. Is it a scam?
March 12, 2022 02:03 AM AEDT| By Raza NaqviHighlights: The CRN crypto is the native token of the CroNodes protocol. Users are alleging the CRN crypto to be a crypto scam. To get hold of the CRN token, users have to get it through CRONASWAP, a decentralized exchange on Cronos chain. .....
Russia-Ukraine conflict: What are economic costs of a war?
March 12, 2022 01:06 AM AEDT| By Akanksha VashishtAs worrisome events unfurl from the Russia-Ukraine conflict, most individuals are left wondering what the aftermath would bring. The emotional and psychological torment caused by wars is hard to compute and is often neglected by those who are respo.....
FCA gets tough on crypto ATMs, orders closure
March 12, 2022 12:45 AM AEDT| By Manu ShankarHighlights In a massive announcement, the UK’s Financial Conduct Authority (FCA) issued a verdict on Friday, 11 March, to shut down all the Bitcoin (BTC) ATMs operating in the country. The FCA elaborated that crypto-asset firms that a.....
Why is Bobatama (BOBA) crypto rising?
March 12, 2022 12:10 AM AEDT| By Rupam RoyHighlights: The BOBA token rose by more than 622% over the past seven days. Bobatama (BOBA) is a meme coin and a variation of the Saitama meme, with its logo featuring the legendary Boba Fett character. Bobatama's primary utility, Bobamask, is.....
Ukraine-Russia war: Is the world at the cusp of nuclear catastrophe?
March 12, 2022 12:09 AM AEDT| By Nitish KumarThe Russia-Ukraine war has started the debate over the likelihood of Russia using its nuclear arsenal. Russia, boasting one of the world’s largest stockpiles of nuclear weapons, is capable of launching them from air, water and land. On the ot.....
What is XEC crypto and why it is gaining traction?
March 11, 2022 10:43 PM AEDT| By Raza NaqviHighlights: eCash (XEC) is the rebranded version of Bitcoin Cash ABC and a fork of Bitcoin and Bitcoin Cash. Amaury Sechet founded the XEC crypto, and he was the lead developer of Bitcoin Cash. The price surge of XEC crypto could be due to the.....
Why is Kadena (KDA) crypto gaining attention?
March 11, 2022 08:45 PM AEDT| By Rupam RoyHighlights: The Kadena network, launched in 2016, was built solely to provide a scalable and efficient service for businesses. Its ecosystem consists of a public blockchain or Chainweb, which is a sharded layer-1 Proof-of-Work consensus-based b.....
What can the crypto world expect from the Stripe & FTX partnership?
March 11, 2022 08:43 PM AEDT| By Manu ShankarIn a major announcement on 11 March, Global payment firm Stripe said that it would be expanding its services to cryptocurrencies, wherein users will be permitted payment for NFTs and other digital assets by using fiat currency. Stripe, which offers i...
Golem Network (GLM) crypto’s trade volume rises on Coinbase listing
March 11, 2022 06:42 PM AEDT| By Ankit SethiHighlights Golem Network, with its native GLM crypto, is focusing on “censorship-resistant” offerings The GLM crypto has gained on a YTD basis, which is in contrast to major cryptos like BTC and ETH Coinbase recently tweeted about .....
Qatar 2022 Token (FWC): Why is it gaining attention lately?
March 11, 2022 06:38 PM AEDT| By Manu ShankarQatar 2022 Token (FWC) is primarily a Binance Smart Chain-driven cryptocurrency that aims to bring football and cryptocurrencies together. Traditionally, the football and cryptos alliance is quite popular with its fan tokens. The fan token market i.....
Stacks (STX) crypto on cloud nine after Bitcoin Odyssey announcement
March 11, 2022 05:57 PM AEDT| By Manu ShankarWhenever we talk of Bitcoin, we rarely associate it with various DeFi, DApps, DAOs, NFTs projects. In fact, even a keen follower would perhaps name Ethereum or a Solana as their favourite blockchain network for such projects. But now, Stacks blockc.....
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.....
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US stocks slip after CPI tops 7.9% YoY; AMZN, CRWD rise
March 11, 2022 09:44 AM AEDT| 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 11, 2022 08:57 AM AEDT| 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 .....
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OXY, CVX, KR among top 5 Warren Buffett stocks to watch now
March 11, 2022 07:27 AM AEDT| By Versha JainHighlights Berkshire Hathaway has outperformed the benchmark S&P 500 index in one year. A large part of its investment still goes to AAPL, BAC, AXP and KO. As of Dec 31, 2021, Berkshire Hathaway’s portfolio had more tha.....
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From BABA to BIDU: How these top 5 US-listed Chinese stocks fared?
March 11, 2022 06:34 AM AEDT| By Rupam RoyHighlights Alibaba Group Holding Limited (NYSE: BABA) revenue jumped 10% YoY for the quarter ended December 31, 2021. JD.com, Inc. (NASDAQ: JD) net revenue rose 23% YoY in Q4, FY21. Baidu, Inc. (NASDAQ: BIDU) revenue rose 21% YoY in fiscal 202.....
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......
