News

Will Bain Capital’s US$560 mn fund see increased participation?

March 09, 2022 07:34 PM AEDT| By Manu Shankar

Highlights Bain Capital Ventures (BCV), a subsidiary of one of the world’s most prominent private equity firms Bain Capital, is all set to launch a $560 million fund that will be exclusively focused on crypto ecosystem. Although the BCV i.....

What is Ethereum Name Service crypto’s utility? ENS token gains

March 09, 2022 06:53 PM AEDT| By Ankit Sethi

Highlights The Ethereum Name Service project is claiming to make blockchain names more identifiable ENS is the token native to the project, with a maximum supply limit of 100 million ENS’s price has remained subdued since November last y.....

How Render Token platform can be useful for digital creators

March 09, 2022 06:50 PM AEDT| By Daniel Paul Johns

Highlights One project which is revolutionising the way in which rendering is carried out is the Render Token (RNDR) project, which is currently presenting a host of new opportunities to digital creators. The Render Token platform allows its us.....

Wanchain, Waves- 2 most popular cryptos this week at Easy Crypto

March 09, 2022 06:44 PM AEDT| By Jasmine Anand

Cryptocurrencies have seen overwhelming growth in the past year. Apart from major cryptocurrencies like Bitcoin, Ethereum, Cardano, Polkadot, etc., many other cryptos are alluring tech-savvy investors, owing to their unique and innovative features......

Nickel price surpasses US$100,000/t; ASX nickel stocks rise

March 09, 2022 02:31 PM AEDT| By Arpit Verma

Highlights Nickel prices surged by a massive 65% yesterday, recording one of the most extreme moves in the history of metals. The current surge in the prices of battery metal is a result of escalated tension between Russia and Ukraine. Numerou.....

Why are nickel & aluminum prices high?

March 09, 2022 01:58 PM AEDT| By Ankit Sethi

Highlights Oil prices have been soaring over the past weeks, and now the US has banned oil imports from Russia Commodities like nickel and aluminum are also trading higher due to multiple reasons Supply constraints seem to be the biggest facto.....

Crypto Catch: Coinbase blocks 25,000 Russia-linked wallets; Ethereum up over 3%

March 09, 2022 01:45 PM AEDT| By Daniel Paul Johns

Highlights Crypto-currency trading platform Coinbase has blocked 25,000 wallet addresses linked to Russian accounts. Bitcoin is holding at just around US$38,200 for the second day in a row, remaining 12 percent below its price just one week ear.....

US indices wobble on Russian oil ban; ENPH, SPWR stocks rally

March 09, 2022 09:49 AM AEDT| By Versha Jain

US stocks closed lower on Tuesday, March 8, after the US banned Russian oil imports, causing a price surge, and investors trimmed bond holdings, fearing more turmoil in the market. The S&P 500 declined 0.72% to 4,170.70. The Dow Jones fell 0.56%...

Can Juno (JUNO) crypto’s new website boost its DApps, smart contracts?

March 09, 2022 08:33 AM AEDT| By Versha Jain

Highlights Juno is an open-source, public blockchain in the Cosmos ecosystem. Juno’s new website went live on Tuesday. The total supply of JUNO is 70,424,332. The Juno (JUNO) crypto’s new website launch on Tuesday was marred b.....

Why is gold-backed stablecoin PAX Gold (PAXG) rising?

March 09, 2022 07:59 AM AEDT| By Rupam Roy

Stablecoins are cryptos backed by real-world assets like gold, fiat currencies issued by the government, cryptos, etc. But the value of stablecoins can change with the performance of the underlying assets in the market. Stablecoins, especially the.....

What is privacy-focused Zcash (ZEC) crypto?

March 09, 2022 05:14 AM AEDT| By Versha Jain

Zcash (ZEC) is a cryptocurrency that uses the zk-SNARK zero-knowledge proof technology focused on privacy and anonymity. It was founded in 2016. The coin soared more than 12% on Tuesday after GrapheneOS, a non-profit open-source project focus.....

Snyk IPO: When will the cybersecurity startup go public?

March 09, 2022 04:40 AM AEDT| By Sanjeeb Baruah

Highlights Snyk was valued at US$8.5 billion in a funding round last year. Snyk supplies software security components to developers. The US IPO market has cooled down this year amid macroeconomic and geopolitical concerns. Cybersecurity s.....

IPCC Issues Dire Warning on Climate Change: Time Is Running Out

March 09, 2022 02:35 AM AEDT| By 3BL

The scientific consensus is that climate change is responsible for warming of temperatures, rising seas as icebergs melt, greater intensity of storms (hurricanes, cyclones, and super rainstorms), and...

Why is Verasity (VRA) crypto rising?

March 09, 2022 02:10 AM AEDT| By Raza Naqvi

The price of Verasity (VRA) crypto surged 10.3 per cent on Tuesday, March 8, and was trading at US$ 0.02141 per token at the time of drafting. The VRA crypto's one-day volume registered a growth of 96 per cent over the last day and reached US$ 85......

Why is Binance under the FCA’s scrutiny again?

March 09, 2022 01:12 AM AEDT| By Manu Shankar

Highlights Binance is under the scanner for its partnership with crypto firm Eqonex, which would see Binance get some control of Eqonex through a convertible loan worth US$36 million The FCA felt that even though they can’t stop the chang.....

Will Papa John’s NFT drop draw ire of regulators?

March 09, 2022 12:47 AM AEDT| By Manu Shankar

Pizza joint Papa John's seems to be going ahead with its plans of NFT drop despite the regulator raising an eyebrow over irresponsible advertising. Papa John's is scheduled to give away nearly 20,000 non-fungible tokens (NFT) to UK customers. The .....