News

Finance sector leads job recovery for Aussies
December 31, 2021 06:23 PM AEDT| By Sukriti NairHighlights The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance, and health sectors have emerged as top job creators. The employment scenario in Australia se.....

Will crude oil continue its rally in 2022?
December 31, 2021 05:34 PM AEDT| By Nitish KumarHighlights Crude oil demand outpaced supply in the year 2021. The EIA estimates global oil inventory to start building up in 2022, on the back of additional supply from the US and OPEC+. With a balance in demand and supply, crude oil pri.....

What is BTS's strategy for breaking into the crypto world?
December 31, 2021 03:54 PM AEDT| By Aditi SahaPopular Korean boy band BTS has stated that it will be moving forward with the NFT offerings keeping aside the huge criticism it has been receiving from across the world. As per a media report, the majority of the criticism concerns the impa.....

Crude oil rises further waning Omicron’s fear
December 31, 2021 02:38 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices made a significant rebound ranging from 50-60% in 2021. Crude oil prices rose further on Thur.....

Apple vs Meta
December 31, 2021 01:02 PM AEDT| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....

Why is Yearn.finance (YFI) token rising?
December 31, 2021 10:36 AM AEDT| By Versha JainHighlights finance (YFI) token rose 0.99% at 4:17 pm ET on Thursday. Defi Saver, a dashboard for decentralized finance (DeFi) protocols announced the integration of Yearn.finance to its new saving dashboard. The token gained around 30% in one .....

Will Mars have a cryptocurrency? Here's what Elon Musk says
December 31, 2021 09:49 AM AEDT| By AshishTesla CEO Elon Musk has predicted that Mars could see transactions in cryptocurrency in the future, even as it would be a “localized thing”. Musk said it in a recent Lex Fridman Podcast when asked if Mars would need a different currency.....

US stocks retreat after jobless claims data
December 31, 2021 09:46 AM AEDT| By Versha JainBenchmark US indices closed in the red on Thursday, December 30, after the latest labor data showed the first-time unemployment benefits claims declined last week. The S&P 500 declined 0.30% to 4,778.73. The Dow Jones fell 0.25% to 36,398...

Tesla recalls over 475,000 vehicles in US - know why
December 31, 2021 07:13 AM AEDT| By Rupam RoyHighlights Tesla plans to recall more than 475,000 Model 3 and Model S vehicles in the US. The company said it would recall more than 356,000 Model 3 cars and over 119,000 Model S vehicles due to technical defects. The company said it will fix.....

What is Internet Computer (ICP) coin? Check price, performance
December 31, 2021 06:26 AM AEDT| By Rupam RoyHighlights The ICP coin was up over 2% on Thursday, December 30. Its 90-day highest price was US$58.26. The coin touched an all-time high of US$750.73 on May 10, 2021. The Internet Computer (ICP) coin was in the limelight on Thursday afte.....

Aetherium Acquisition IPO today: All you need to know
December 31, 2021 05:52 AM AEDT| By Rupam RoyHighlights Aetherium Acquisition will make its US stock market debut on Thursday. It has priced the IPO at US$10 per share. The company is offering 10 million shares in the IPO. The blank check company Aetherium Acquisition Corp. is all s.....

Elon Musk quotes William Shakespeare when asked about Bitcoin’s creator
December 31, 2021 05:00 AM AEDT| By Priyanka PayalHighlights Elon Musk stated that he agrees with the widespread belief that cryptocurrency expert Nick Szabo, the man behind Bitgold, might be Satoshi Nakamoto, the mysterious creator of bitcoin. In the year 2014, few linguistic researchers care.....

Meet Shiba millionaires
December 31, 2021 12:45 AM AEDT| By Aditi SahaShiba has risen in size and popularity since its inception, even though it began with zero. That's right; you read that correctly. All credit for this goes to the SHIB army and billionaire, Elon Musk. As recently as last month, Shiba outperformed D.....

Which one is better - cryptos or stocks?
December 31, 2021 12:23 AM AEDT| By Akanksha VashishtHighlights With the rising influx of investors in the financial markets, trading in cryptocurrencies and stocks have increasing exponentially in recent years. Despite being different forms of investment, crypto and stocks carry some similaritie.....

Russia says its Nord Stream 2 pipelines will stabilise gas prices
December 31, 2021 12:21 AM AEDT| By Priyanka PayalHighlights Russia says that its Nord Stream 2 pipelines are on track with the completion of filling the second pipe with gas. It is alleged that the project is not complying with European law. The Nord Stream 2 gas pipeline is seen as a danger.....

5 Killer NFT Projects That Crushed 2021
December 31, 2021 12:15 AM AEDT| By Daniel Paul JohnsHighlights The NFT market’s entire value is around US$22 billion, a far cry from its value of US$100m in 2020 Gary Vaynerchuk’s NFT collection, VeeFriends, made up of 10,255-character NFTs, sold out in a May auction for US$51 .....

Pi Network goes live with Mainnet: Pi coin ICO on horizon?
December 30, 2021 11:33 PM AEDT| By Ipsita SarkarHighlights Pi Network launched it mainnet phase on Wednesday. Rumors of Pi network listing on a crypto exchange has been doing rounds for a while. Mining Pi doesn’t require any investment, but just a smartphone. After months o.....

What is Elon Musk's plan for paying A$11 billion in taxes?
December 30, 2021 09:55 PM AEDT| By Aditi SahaHighlights Elon Musk, world's richest person with a fortune estimated at US$243 billion, recently tweeted that he will pay US$11 billion in taxes this year. Musk's tax declaration came after a series of spats with Democratic lawmakers, no.....

What is $Bone, and what will Bone crypto be worth?
December 30, 2021 07:45 PM AEDT| By Ankit SethiNo, it was not Bitcoin, or Ether, or even Dogecoin that dominated 2021. In the CoinMarketCap index that tracks views for all cryptocurrencies, Shiba Inu (SHIB) ranks first. As we enter 2022, Shiba Inu and decentralized platforms that are underpinn.....

Crypto Scams that made headlines in 2021
December 30, 2021 06:25 PM AEDT| By Aditi SahaHighlights Despite the security, the vast ecosystem of applications and websites which make up the broader crypto ecosystem contains numerous attack vectors. Chainalysis study revealed that hackers used traditional scamming methods to ste.....