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News
Sony loses US$20 bn in market value after Microsoft-Activision deal
January 20, 2022 05:57 AM AEDT| By Sanjeeb BaruahHighlights Sony and Microsoft are top competitors in the gaming industry. Microsoft’s big-ticket purchase is expected to unleash a fierce rivalry between the two. Microsoft’s Xbox console is a direct competitor to Sony’s Play.....
Hedera (HBAR) crypto price skyrocketed 156% in a year; learn more
January 20, 2022 05:07 AM AEDT| By Rupam RoyThe Hedera (HBAR) crypto token gained traction on Wednesday, pushing its price up by over 2%. However, its 24-hour trading volume was down around 8% on Wednesday morning. What is Hedera (HBAR)? Hedera is one of the most used, stable, and enterpri.....
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Thousands of flights disrupted worldwide amid US 5G rollout
January 20, 2022 04:59 AM AEDT| By Sanjeeb BaruahHighlights Experts said the new 5G networks use a radio segment close to the one used by radio altimeters in an aircraft to measure a flight's altitude, which helps pilots land in low visibility. The US Federal Communications Commission sets a.....
UK’s FCA eyes crypto ad regulation, denounces ‘refer-a-friend' offers
January 20, 2022 03:26 AM AEDT| By Manu ShankarHeadlines The UK's Financial Conduct Authority (FCA) has denounced “refer a friend” crypto promotions. The FCA's Sarah Pritchard, executive director of markets, feels people are prone to crypto investing with such incentive schemes .....
NSTS Bancorp IPO: All you need to know
January 20, 2022 03:03 AM AEDT| By Rupam RoyHighlights NSTS Bancorp sold 5.29 million shares of its common stock in the IPO. The IPO was priced at US$10 per share. CEO Stephen G. Lear said the stock debut would help make the company a "stronger banking franchise" while creating new .....
Sports stars & crypto scams: 3 instances of alleged blockchain fraud
January 20, 2022 03:02 AM AEDT| By Manu ShankarCryptocurrencies have been entering the world of sports in the form of NFTs, fan tokens, club sponsorships, sports arena re-naming etc. Not only are today’s sports stars willing to take their payments in cryptos but also are willing to accept.....
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UK inflation surges to a 30-year high level: What to expect now?
January 20, 2022 01:06 AM AEDT| By Sreenivas D AjankarConsumer Price Index (CPI) inflation in the United Kingdom jumped to 5.4% in the final month of 2021. Britain’s inflation rate rose to the highest level in the last 30 years, as per the official figures released by the Office for National Sta.....
Norton crypto mining services: All you need to know
January 20, 2022 12:38 AM AEDT| By Ankit SethiHighlights Norton is a popular anti-virus that has recently launched a crypto mining feature For now, users can mine Ether crypto using Norton, but services can be broadened in future Ether is trading at subdued price level right now due.....
Milo crypto: 7 things to know about 'world's first crypto mortgage'
January 19, 2022 10:57 PM AEDT| By Raza NaqviCrypto enthusiasts are looking for Milo crypto after the financial technology (fintech) company said it would allow users to use their digital assets to purchase real estate in the US. Milo claims to be the world's first 'crypto mortgage' in which.....
Is Reef (REEF) crypto the most advanced EVM-compatible chain for DeFi?
January 19, 2022 10:28 PM AEDT| By Manu ShankarReef Finance is a liquidity aggregation and cross-chain trading platform that offers products and services on a DeFi platform. Powered by the Ethereum blockchain ecosystem, Reef crypto offers a scalable solution to an interoperable Web 3.0 system. .....
Coinbase, Mastercard join hands for NFT marketplace purchase
January 19, 2022 10:10 PM AEDT| By Manu ShankarIn a major announcement, Mastercard has said that it will be partnering with Coinbase for the latter’s upcoming nonfungible token (NFT) marketplace and will allow the users to make payments through its credit card. Last year, Coinbase reveal.....
Why does UK Treasury want to remove blockchain from crypto definition?
January 19, 2022 08:23 PM AEDT| By Manu ShankarHighlights A recent report by the HM Treasury, ‘Cryptoasset promotions: Consultation response’, suggested that the word blockchain should be removed from the crypto definition. The HM Treasury stated that while the blockchain does h.....
Wealth of richest men doubled in pandemic, says Oxfam
January 19, 2022 07:42 PM AEDT| By Toshiva JainHighlights The 2022 Oxfam report highlights that the collective wealth of the world’s top 10 richest men has doubled in the pandemic. About 99% of the world’s population is in a worse condition due to lockdowns, loss of business, em.....
Walmart is ready to penetrate the Metaverse world
January 19, 2022 05:36 PM AEDT| By Jasmine AnandHighlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own crypto in the future and has filed applications for the same. To explore emerging technologies and.....
HARD Protocol crypto: what investors need to know
January 19, 2022 04:57 PM AEDT| By Aditi SahaHighlights According to Coin Market Cap, Hard Protocol can be traded and purchased on the following crypto exchanges across the world: BKEX, Binance, Gate.io, and WBF Exchange. The HARD token is a Kava Chain asset. It is offered as a rewa.....
What is Arcade Network crypto? Is ARC token worth buying?
January 19, 2022 04:52 PM AEDT| By Ankit SethiThings are turning hotter in the crypto world. Though Bitcoin has yet to shine bright in 2022, altcoins may be up for another great year. Microsoft’s entry into metaverse, with its acquisition of the video game publisher Activision B.....
Is COVID-19 the main reason for a dip in business confidence among Kiwis?
January 19, 2022 02:10 PM AEDT| By ManikaHighlights The Quarterly Survey of Business Opinion shows a decline in business confidence in NZ. Demand has also fallen as the COVID-19 outbreak continues. The survey shows that businesses have become cautious about investments. With the.....
How are 4 NZX energy stocks faring amid Tonga’s volcanic eruption?
January 19, 2022 01:13 PM AEDT| By Jasmine AnandHighlights The recent mammoth volcanic eruption in the Tongan islands has formed a blanket of ashes and toxic plumes, causing significant environmental damage. Mercury NZ to publish its half-year performance report next month. The New Zealand .....
US stocks tumble as yields rise
January 19, 2022 10:00 AM AEDT| By Versha JainBenchmark US indices slipped after a sluggish start on Tuesday, January 18, weighed down by financial and technology stocks as Treasury bond yields climbed to a two-year high, raising investors’ concern over the prospect of a sharp rate hike to...
This country will launch Asia’s first crypto ETF
January 19, 2022 09:56 AM AEDT| By AshishAsia’s first cryptocurrency exchange traded fund (ETF) would be a reality soon. The crypto ETF would be available in the Gujarat International Finance Tech (GIFT) City, Gujarat (India), by March 2022. A memorandum of understanding (MoU) has .....
