News

Genesis (NZX:GNE): What is its Sustainable Finance Programme all about?
November 03, 2021 05:41 PM AEDT| By SonalHighlights Genesis has launched a broad Sustainable Finance Programme to support its sustainability goals. The Programme includes a framework, entitling an existing NZX-listed bond (GNE030) as a Green Bond and a NZ$100-million loan. GNE has se...

Tether: Is it one of the low-cost and less volatile cryptocurrencies?
November 03, 2021 05:05 PM AEDT| By Jasmine AnandBroadly speaking, fiat currencies are nothing but dollars, yen, etc., which are issued by the government. When talking about stablecoins, these are the electronic version of fiat currencies in the blockchain world. In this article, we discuss Teth...

Race for dominance: 10 Bitcoin and Ethereum killers
November 03, 2021 04:49 PM AEDT| By Daniel Paul JohnsHighlights As other digital currencies and their accompanying blockchains emerge, is it conceivable that one day, BTC and ETH could be toppled by something else. While Solana aims to facilitate decentralised app (DApp) creation, it also aims to...

Facebook is banking heavily on metaverse; what are others up to?
November 03, 2021 04:47 PM AEDT| By AshishHighlights Facebook’s latest move of changing its corporate name to Meta has sent shockwaves through the global tech sector. Metaverse refers to a shared virtual environment and is expected to be a successor to the mobile internet. Besid...

Cryptos in action
November 03, 2021 03:59 PM AEDT| By Daniel Paul JohnsHighlights A panel of 10 jurors selected Monday will have three weeks to hear the evidence and decide the fate of “Satoshi’s bitcoins.” Shares of crypto miners started November on a bullish tone, tracking gains in the price of...

10 upcoming IPOs to keep an eye on in November
November 03, 2021 10:45 AM AEDT| By Versha JainHighlights In the first nine months, Nasdaq saw 560 stock listings. IPO momentum is far from over in the fourth quarter of 2021. There are 13 IPOs lined up for this week. Despite a volatile market, IPO hopefuls are many. Last week, Global...

Microsoft now joins the Metaverse craze, to launch Mesh for Teams
November 03, 2021 10:26 AM AEDT| By Team Kalkine MediaMicrosoft Corp. is the latest to join the metaverse craze after announcing plans on Tuesday to launch the Mesh for Teams, which will offer a virtual reality capability on its videoconferencing platform. Bloomberg reported that the technology compa...

Wall Street closes at record high as earnings lift mood
November 03, 2021 09:15 AM AEDT| By Sanjeeb BaruahBenchmark US indices continued their rally on Tuesday, November 2, bolstered by gains across stock segments as strong quarterly earnings of companies lifted the market sentiments. The S&P 500 was up 0.37% to 4,630.65. The Dow Jones rose 0.39% to...

Elon Musk’s net worth now tops Jeff Bezos, Mark Zuckerberg’s combined
November 03, 2021 08:11 AM AEDT| By Sanjeeb BaruahWith a staggering US$335.1 billion, Tesla chief Elon Musk's net worth now tops the combined wealth of Amazon founder Jeff Bezos and Meta Platforms, Inc., formerly Facebook, CEO Mark Zuckerberg. Musk, the world's richest person, got a lot richer on...

What is Burger King’s crypto reward program and how to join it?
November 03, 2021 05:52 AM AEDT| By Ipsita SarkarBurger King’s popular Royal Perks program, which gives away cryptocurrencies as a reward to its loyal customers, will continue till November 21, the company said. The leading fast-food chain had launched the loyalty program in partnership wi...

Expensify IPO: How to buy EXFY stock?
November 03, 2021 03:18 AM AEDT| By Versha JainHighlights Expensify has set the IPO price in the range of US$23.0 to US$25.0 per share. It is offering 9.7 million Class A common shares, of which around 2.6 million shares are from the company and 7.1 million from shareholders. The company h...

What does ‘fungible’ in NFTs mean?
November 02, 2021 11:50 PM AEDT| By Ankit SethiHighlights CryptoPunks are NFTs, but Leonardo da Vinci's Mona Lisa is just non-fungible All cryptocurrencies are fungible, which means they are a part of some homogeneous group Facebook’s metaverse may give a boost to blockchain ga...

Shiba Inu & DOGE's rival CateCoin set to explode? Know price prediction
November 02, 2021 09:49 PM AEDT| By Raza NaqviOne of the cryptocurrencies gaining investors' attention over the past few weeks is CateCoin (CATE). The cryptocurrency soared 54 per cent in the last 24 hours. Dubbed as a rival to Shiba Inu and Dogecoin, the CATE token is a cat-themed dece...

FB’s metaverse can be a blessing for these 5 blockchain games
November 02, 2021 09:15 PM AEDT| By Ankit SethiHighlights Facebook’s rebranding move has thrust the virtual reality world of metaverse into the spotlight, but it is not the first company to enter the space Many existing cryptocurrency projects have their own metaverse where users can ...

It's MANA mania now!
November 02, 2021 08:11 PM AEDT| By Aditi SahaHighlights The MANA fever has now swept the global crypto market after Facebook's "Meta" rebranding. Mark Zuckerberg, the CEO of Facebook, said on 28 October that the company's name would be changed to Meta to reflect a greater focus on the met...

BBEDS: FAANG stocks’ counterpart in cryptocurrencies space
November 02, 2021 07:18 PM AEDT| By Ankit SethiMost of us know what FAANG is. The acronym relates to listed tech giants – Facebook (now Meta), Apple, Amazon, Netflix and Google (Alphabet). These five companies have a combined market cap of over US$7 trillion with a substantial share in t...

Five Less Known Meme Coins
November 02, 2021 05:32 PM AEDT| By Daniel Paul JohnsHighlights Dogecoin inspires Samoyedcoin since it is a crypto named after a dog breed Tiger King is a ground-breaking utility token for ChainChat - the first of its kind decentralised application (DApp) After being valued at US$0.00000815 on O...

Would Bitcoin Cash (BCH) see a turnaround anytime soon?
November 02, 2021 04:04 PM AEDT| By Jasmine AnandCreated in 2017, Bitcoin Cash is a famous altcoin or a spin-off of the world's largest cryptocurrency, Bitcoin. Of late, the crypto has not been performing well, and is now looking at bullish forces for its revival. Though at times, it tends to sh...

Squid Scam: The Token That Took Off with Over US$2 Million of Investors’ Money
November 02, 2021 03:11 PM AEDT| By Daniel Paul JohnsCrypto scams are by no means a new thing. Unfortunately, a lot of digital currencies turn out to be nothing more than money grabbers before the anonymous developers disappear into the night either to take their investors’ money to retire on a...

Contact (NZX:CEN): Why did it register PDS for green capital bond?
November 02, 2021 02:55 PM AEDT| By SonalHighlights Contact Energy announced making an offer of up to $200 million of green capital bonds to NZ investors. The Group registered a product disclosure statement for the offer on 29 October. Capital Bonds have a maturity of 30 years with t...