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News
Phone Scam explosion in Australia report a loss of A$211 million
September 28, 2021 08:17 PM AEST| By Sonal GoyalHighlights A phone-based scam in which the users receive suspicious voicemails, texts and phone calls to steal personal data has fuelled this year in Australia. ACCC reported loss of AU$211 million this year. For the same period, AU$11,0...
EMURGO to inject US$100 million in Cardano ecosystem
September 28, 2021 07:56 PM AEST| By AayushEMURGO, the commercial arm of Cardano (ADA) blockchain, has launched a new Cardano ecosystem investment vehicle, focusing on investments into startups. EMURGO develops blockchain and smart contracts solutions for enterprises. It also utilises advan...
Mercury NZ (NZX:MCY) gets Commission’s nod for this acquisition
September 28, 2021 05:08 PM AEST| By RomaHighlights Mercury NZ receives clearance by Commerce Commission for the Trustpower acquisition. The green signal could mean a new chapter in growth and development for the Company. The prospective acquisition could mean new 780,000 connections...
China faces double whammy as power crisis adds to Evergrande woes
September 28, 2021 04:56 PM AEST| By Furquan MoharkanIn a double whammy, the world’s second largest economy – China – has been grappling with a massive power crisis in its north-eastern region, besides battling the fallouts of an inevitable default by the embattled property develope...
What are DeFi games & which are the most popular DeFi games?
September 28, 2021 04:11 PM AEST| By Ankit SethiGaming was always a beloved pastime of many. Lately, crypto assets like Bitcoin and Dogecoin have also become a mainstream investment prospect. What if there is something that combines these two forces to let you earn crypt...
Will China’s Latest Crypto Crackdown Harm the Long-Term Crypto Market?
September 28, 2021 03:58 PM AEST| By Daniel Paul JohnsChinese authorities have yet again announced a ban of all cryptocurrencies, reiterating that this time they’re serious. China have announced crypto bans many times over the past year, but the effects have been mixed with crypto exchanges sti...
How are Bitcoin, Ethereum’s prices moving amid the Chinese crackdown?
September 28, 2021 03:05 PM AEST| By Jasmine AnandFollowing the ban on all forms of crypto trading in China, which was announced on Friday, the cryptocurrency market witnessed a sharp dip on Friday, as well as on Saturday and then experienced a rise on Monday. Related Read: Binance, Houbi cease o...
Dalian iron ore climbs up on power curbs
September 28, 2021 12:35 PM AEST| By Arpit VermaDalian iron ore futures gained more than 5% on Monday with prices hitting above CNY700 level. At the same time, the prices of steel rebar and hot-rolled coils surged significantly due to production limitations on power curbs. January delivery iron ...
Germany election results denote a shift in global voting pattern
September 28, 2021 12:32 PM AEST| By Furquan MoharkanBallot paper of the German Bundestagswahl 2009 (Bundestag elections). The centre-left party in Germany seems to be set to form the next government. The centre-left Social Democrats (SPD) were on track for 26% of the vote, ahead of 24.5% for Christi...
Oil rises on strong demand and tight supplies
September 28, 2021 11:56 AM AEST| By Arpit VermaCrude oil prices galloped on Monday with Brent crude hitting near US$80 per barrel on the back of robust demand and tight supplies. December delivery Brent Crude oil futures last traded at US$78.50 per barrel down 0.14%, whereas November delivery W...
What are Altcoins? How are they different from Bitcoins?
September 28, 2021 09:34 AM AEST| By AshishWhile Bitcoin may be the most popular cryptocurrency, Altcoin, which was launched after the former’s success, has also garnered high-level interest among crypto enthusiasts in the recent past. However, those who are relatively new to the indu...
Crypto companies that have become unicorns in 2021
September 28, 2021 08:51 AM AEST| By Sanjeeb BaruahWith the crypto craze reaching a new high with each passing day, it is worth taking a closer look at the market to understand the companies involved, what they do, or their combined worth. According to coinmarketcap.com, there are 12,171 different ...
Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
September 28, 2021 07:15 AM AEST| By Sanjeeb BaruahDow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose ...
Top five stocks to keep an eye on this week
September 28, 2021 06:24 AM AEST| By Sanjeeb BaruahHighlights Toyota Motor Corporation (NYSE: TM) stock traded at US$186.01, the highest in 52-weeks, at 12:02 pm ET. It gave a 34% return in one year. Charles Schwab Corporation (NYSE: SCHW) stock traded at US$77.19, with a 2.12% gain at 12:04 pm...
Now, Facebook wades into Instagram Kids row, halts project: Know more
September 28, 2021 05:29 AM AEST| By Team Kalkine MediaHighlights Facebook halts planned development of a new Instagram Kids feature for children below 13 years. The decision comes ahead of the US Senate’s discussion on the risks posed by social media platforms to children’s mental heal...
Ethereum developer Griffith enters plea-bargain to evade long jail term
September 28, 2021 04:45 AM AEST| By Team Kalkine MediaHighlights Griffith faces a 20-year prison term for violating the Emergency Economy Powers Act. His sentence could be reduced to a maximum of six-and-a-half years under the plea-bargain. Griffith’s sentencing is expected to take place in ...
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Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion
September 28, 2021 12:37 AM AEST| By Shreya BiswasHighlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccinated. With supplies as they currently stand natural gas is expected to continue to surge as winte...
What is Sandwich trade tactic & should it worry you?
September 27, 2021 10:33 PM AEST| By Ankit SethiAre there any special tricks to make more profits in the crypto asset trading space? Although most analysts say that investors should track sentiments in cryptos like Bitcoin and Dogecoin to earn profit, there are special moves that can come handy...
Canada’s CBDC delay gives early mover advantage to China & others
September 27, 2021 10:00 PM AEST| By Ankit SethiCanada is one of the most advanced economies. From per capita GDP to Human Development Index, the economic indicators boast its economic prowess. To sustain the high-income and heavily globalized economy, Canada should look favorably toward early ...
Opportunities versus risks in Crypto trading
September 27, 2021 08:33 PM AEST| By AayushHighlights Crypto trading seems lucrative solely because of the uncanny ability of these coins to move in the blink of an eye. There are more scary stories of crypto traders than much-hyped “rags to riches”, but these aren’t h...
