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News
Square Inc (SQ) changes corporate name to Block
December 03, 2021 05:13 AM AEDT| By Team Kalkine MediaHighlights Square Inc will officially become Block on Dec 10, the company said in a release on Wednesday. Square Inc’s ticker symbol SQ on the NYSE exchange will remain as it is. The company also said there would be no organizational c.....
Whitepaper on SPACs in the US
December 03, 2021 03:41 AM AEDT| By Versha JainHighlights SPACs (Special Purpose Acquisition Company) are a time- and-money saving route for stock listings by companies. SPACs get two years to complete a purchase, or they must return the funds to investors. Virgin Galactic Holdings, Inc. (.....
Times Studio blends cartoons and the crypto world for kids
December 02, 2021 07:40 PM AEDT| By Aditi SahaHighlights The cartoon universe is now preparing to embrace a modern outlook by employing non-fungible tokens. Times Studio will produce a new children's television show based on the NFT collection "Robotos." Pablo Stanley is the creator...
What is BAX crypto & why has it soared 6000%? Know its price prediction
December 02, 2021 07:37 PM AEDT| By Raza NaqviHighlights The one-day volume of the BAX cryptocurrency has skyrocketed by 6077 per cent to US$ 24.1 million. The BAX crypto is the native utility token of the BABB network, which is a London-based financial blockchain platform. Using in.....
Footwear giant Adidas steps into metaverse with Sandbox land deal
December 02, 2021 05:31 PM AEDT| By Aditi SahaHighlights Adidas has bought a plot of land on the Sandbox, a blockchain-based virtual universe. Sandbox has its cryptocurrency, SAND that gamers can use to purchase virtual space within this world as NFTs. Sandbox and Adidas' collaborat.....
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What is Ripple’s Liquidity Hub all about?
December 02, 2021 04:52 PM AEDT| By Jasmine AnandHighlights Famous enterprise blockchain and crypto solutions provider Ripple has revealed a new crypto service, Liquidity Hub, for finance companies. This alpha product will allow its partner firms to offer trading options for cryptocurre.....
Bitcoin Advocate enthusiastic on decentralised economy
December 02, 2021 02:20 PM AEDT| By Daniel Paul JohnsA venture capitalist and early advocate for bitcoin has said he believes cryptocurrency is ushering in a new age of peace. Speaking to CoinDesk TV on Tuesday, billionaire Timothy Draper, said that blockchain-based technology would be irrefutably l.....
What is Tribe Crypto? Why is it unique?
December 02, 2021 01:16 PM AEDT| By Aditi SahaShiba Inu has proved how a crypto can rise with sheer support from its community, the SHIB Army. Shiba lives in their hearts, the driving force behind the coin's success. However, has a significant competitor to Shiba Inu arisen in the crypt.....
Fresh Grapes (VINE) IPO to open on Dec 14: How to buy the stock?
December 02, 2021 11:19 AM AEDT| By Versha JainHighlights Fresh Grapes LLC applied for IPO on NYSE under the ticker symbol VINE. It will offer 2,200,000 shares, with a price range of US$9.00 to US$10.00 a share. Fresh Grapes was co-founded by Nina Dobrev and Julianne Hough in 2019.&.....
US indices close lower, weighed down by tech, financial stocks
December 02, 2021 08:32 AM AEDT| By Versha JainAll key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....
Is Chime IPO next? All you need to know
December 02, 2021 08:15 AM AEDT| By Sanjeeb BaruahHighlights In August 2021, Chime was worth US$25 billion after a US$750 million fundraising round. Chime’s revenue is expected to hit US$900 million to US$1 billion this year. Chime became popular because of its zero-fee for FDIC-insur.....
Why US pension fund trims Buffett exposure, bets on meme, pot stocks?
December 02, 2021 06:04 AM AEDT| By Sanjeeb BaruahHighlights The pension had US$321.9 billion in assets as of Oct 31, 2021, it disclosed to the US market regulator, the Securities Exchange Commission or SEC. Additionally, Calstrs bought 347,900 shares of Tilray in Q3. It didn’t have a...
1inch Network pops after new funding: Should you consider this token?
December 02, 2021 04:41 AM AEDT| By Versha JainHighlights 1inch Network is a decentralized exchange (DEX). 1inch Network closed its Series B US$175 million funding led by Amber Group. The token rose over 7% intraday after the news. The 1inch Network (1INCH) token gained strong t.....
Kollect (KOL) crypto up 60% on new synthesis system – worth exploring?
December 02, 2021 03:38 AM AEDT| By Versha JainKollect (KOL) jumped 60.25% on Wednesday at 7:00 am ET. The token price was US$0.329 at this gain. Why is it rising? Kollect introduced the synthesis system on November 30, and the token started rising after that. The synthesis system works to sy.....
Are we in a crypto bubble?
December 01, 2021 08:55 PM AEDT| By Daniel Paul JohnsSpeculation of a cryptocurrency bubble has been rife for much of the latter half of this year, with many experts – some with track records that can only be described as legendary - claiming the crypto space is nearing a point of maximum.....
What is MBOX crypto & why is it soaring? Know its price prediction
December 01, 2021 08:26 PM AEDT| By Raza NaqviThe MOBOX (MBOX) cryptocurrency soared to a record high on Wednesday, December 1, as it gained investors' attention due to the announcement that the network is launching its MOMOverse on Binance ecosystem. MOBOX is a gaming protocol on the blockch.....
Is Amazon Coin a cryptocurrency? What can you buy with Amazon Coins?
December 01, 2021 08:00 PM AEDT| By Ankit SethiBig names like Tesla, MicroStrategy and S&P Dow Jones have jumped onto the crypto bandwagon. The world of blockchain-based digital currencies is a definite pull. But has Amazon launched a cryptocurrency? Is Amazon about to have its blockchain-.....
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Which cryptocurrencies are experiencing price surge?
December 01, 2021 06:29 PM AEDT| By Jasmine AnandHighlights Unfamiliar crypto, Omicron, witnessed an unprecedented price rise after the WHO gave the same name to the new COVID-19 strain. Analysts opine that this unexpected price rise is a mere coincidence with the new COVID-19 variant. .....
Can the metaverse market become US$1 trillion economy?
December 01, 2021 05:42 PM AEDT| By Aditi SahaDo you have any doubts about the metaverse or cryptos' future? Or do you believe the metaverse will vanish in a few years? According to Grayscale (cryptocurrency investing firm), the metaverse business has a lot of room for expansion and could rea.....
ASX metaverse shares on investors' radar
December 01, 2021 02:12 PM AEDT| By Daniel Paul JohnsLast week, the Collins Dictionary declared ‘NFT’ as 2021’s Word of the Year, beating out other tech-related words like ‘cryptocurrency’ and ‘blockchain’ – all of which have made it into common parlanc.....
