News

Zcash: The Crypto That Promises Anonymity
October 12, 2021 07:11 PM AEDT| By Daniel Paul JohnsOne of cryptocurrency’s main drawing cards is its promise of anonymity and privacy. However, not all digital currency’s provide this feature on an absolute scale, despite that being the popular belief. One crypto that does provide comp...

What Basic Attention Is Doing to Advertising in the Crypto Space?
October 12, 2021 06:45 PM AEDT| By Daniel Paul JohnsIn the cryptocurrency space, there are two types of digital currency: there’s the type that simply serves as a means of digital payment, like Bitcoin, and there’s the type which provides some sort of practical use. What Is BAT? ...

What is Sri Lanka doing to entice investments in blockchain?
October 12, 2021 02:55 PM AEDT| By Jasmine AnandHighlights In order to create a crypto-friendly business environment, Sri Lanka announces setting up a committee to study the regulatory framework related to crypto mining and blockchain technology. The committee was proposed in order to attrac...

Chevron pledges to achieve net operational neutrality by 2050
October 12, 2021 01:25 PM AEDT| By Arpit VermaThe American multinational energy corporation, Chevron Corp on Monday decided to set targets for cutting and reducing operational emissions and become carbon neutral by 2050. This would be a significant step for the company to join the league for t...

Crude oil hits record high levels on skying demands
October 12, 2021 12:49 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Monday. The prices rose to record high levels on the back of robust demand and lower supplies due to cutbacks from producing nations. Power prices across the globe surged to record high levels in the past fe...

US economists Card, Angrist and Imbens awarded 2021 Nobel Prize
October 12, 2021 11:55 AM AEDT| By Team Kalkine MediaUS professors David Card, Joshua D Angrist, and Guido W Imbens were awarded this year’s Nobel Prize for economics. Card, an economics professor at the University of California, Berkeley, has won the prize for his contribution to labor economi...

US stocks drift on skyrocketing oil prices, inflation worries
October 12, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed lower on Monday, October 11, dragged down by losses in utility, healthcare, and technology stocks amid rising global oil prices that renewed inflation concerns. The S&P 500 was down 0.69% to 4,361.19. The Dow Jones fe...

MARA & RIOT: Two crypto mining stocks catching attention
October 12, 2021 08:31 AM AEDT| By Sanjeeb BaruahHighlights The stocks of Marathon Digital Holdings, Inc. (NASDAQ: MARA) and Riot Blockchain, Inc. (NASDAQ: RIOT) have been catching the attention of investors of late. MARA received a US$100-million revolving line of credit from Silvergate Bank...

IPOs to watch in October as race for stock listings continues
October 12, 2021 07:36 AM AEDT| By Ipsita SarkarHighlights NASDAQ saw 560 stock listings in the first three quarters of 2021. In contrast, only 124 IPOs were launched in 2019. Seven companies to launch IPOs in October. NASDAQ saw a whopping 560 stock listings in the first three quarter...

Top stocks, quarterly earnings to watch this week
October 12, 2021 06:11 AM AEDT| By Ipsita SarkarHighlights JP Morgan Chase & Co. (NYSE: JPM) is expected to report its quarterly earnings on Oct 13. Goldman Sachs (NYSE: GS) is likely to report its quarterly earnings on Oct 15. Delta Air Lines, Inc. (NYSE: DAL) to release its quarterly ...

US crude jumps 7-year high to US$81.50 a barrel
October 12, 2021 03:07 AM AEDT| By Sanjeeb BaruahUS crude prices rose by 2% on Monday morning to hit a seven-year high of US$81.50 a barrel. Since October last year, oil prices have climbed more than 120%. Monday’s price gain, if sustained, will be the first time the US benchmark would clos...

Will SuperRare (RARE) cross US $5 mark before 2022?
October 12, 2021 02:06 AM AEDT| By Manu ShankarSuperRare (RARE), unlike its acronym, is not so rare at present after its strong rally on Monday. Following its Binance listing on 11 October, SuperRare is making many investors sit up and track its intraday rally. Today, it has registered a massiv...
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Should you invest in Stratos (STOS) crypto?
October 11, 2021 09:33 PM AEDT| By Manu ShankarStratos is the next generation of decentralised Data Mesh, which offers scalable and decentralised storage along with a decentralised computing service. The word has been derived from “stratosphere”, which is a layer around the earth. ...

Top 5 Things to Know About Crypto Pump and Dump Scams
October 11, 2021 07:46 PM AEDT| By Daniel Paul JohnsHighlights Pump and dumps are where a crypto’s price is artificially boosted by an organised group who purchase a large volume of a particular coin, driving prices up, and then eventually sell it at a much higher price Market manipu...

Hefty fine on Meituan sparks rally in China tech shares
October 11, 2021 07:43 PM AEDT| By Furquan MoharkanHighlights Shares of Chinese tech giants in Hong Kong have surged. Meituan leads the surge in Chinese tech shares. ASX 200 has underperformed its peers in the regional rally. Shares of Chinese online retail platform Meituan on Monda...

Knitting values of saffron in India, Iran & Spain
October 11, 2021 07:10 PM AEDT| By Toshiva JainImage source: © Viperagp | Megapixl.com Saffron flowers Saffron, the golden flower, carries rich ancient history, and it is one of the elitist spice in the world. The rich-golden-hue coloured saffron has multiple usages, from food to praye...

Why are Ripple and Polkadot’s prices surging?
October 11, 2021 03:44 PM AEDT| By Jasmine AnandHighlights Crypto prices have witnessed a climb over the past week, with prices of major cryptocurrencies, including Bitcoin and Ethereum, experiencing upwards price trends. Other famous cryptos like Ripple and Polkadot too have witnessed a sha...

Lessons from the Google Chrome hack
October 11, 2021 02:35 PM AEDT| By SamtaHighlights Around 2.6 billion Google Chrome users are on high alert after the company confirmed multiple new high-level hacks. The company has confirmed an exploit of CVE-2021-37973, exists in the wild. Hackers have attacked the browser by do...

Asia Pacific has its rep in US$100 billion rich club: India’s Mukesh Ambani
October 11, 2021 11:07 AM AEDT| By Furquan MoharkanIndia’s richest man Mukesh Ambani has made to the elite US$100-billion rich list – and is the first person from the Asia Pacific region to do so. Mr Ambani is valued at a whopping US$101 billion, as his net worth has surged 31% or US$2...

5 best cryptos to watch in 2022
October 11, 2021 12:12 AM AEDT| By Ankit SethiThe year 2021 has so far been a mixed bag for cryptocurrencies. It was the year when Bitcoin touched a new high of nearly US$65,000. This was followed by a crash and Bitcoin lost almost half of its value. But the crypto world is not about Bitcoin ...