News

Axie Infinity (AXS) crypto skyrocketed 11,417% in a year - Learn more

January 19, 2022 06:28 AM AEDT| By Rupam Roy

The Axie Infinity (AXS) crypto gained traction on Tuesday, although it slipped over 6%. In the last 24 hours to Tuesday morning, its trading volume fell by 35% compared to the same period in the previous day. Astonishingly, the token gained 11,417%.....

Altura (ALU) token slips 8% after launching ‘Supercharge’ program

January 19, 2022 05:44 AM AEDT| By Versha Jain

Highlights Altura is an innovative smart contract platform where game developers can mint, transact, and distribute Smart NFTs. On January 18, 2022, it introduced a new strategic grant program for partners called the Altura Supercharge. &n.....

Rhodium Enterprises IPO set to debut on Jan 20: Things to know

January 19, 2022 04:52 AM AEDT| By Versha Jain

Highlights Rhodium Enterprises, Inc.'s would launch its initial public offering (IPO) on Jan 20, 2022. Rhodium to offer 7,692,307 shares of its Class A common stock. The price range for the IPO is US$12.00 to US$4.00. Digital .....

Technology & Telecommunication Acquisition IPO: All you need to know

January 19, 2022 03:54 AM AEDT| By Rupam Roy

Highlights The company is offering 10 million units in its initial public offering. The IPO is priced at US$10 per share. The offering is expected to close on January 20. Malaysian blank check company Technology & Telecommunication Ac.....

Microsoft buys Activision Blizzard to become third-largest gaming firm

January 19, 2022 03:38 AM AEDT| By Rupam Roy

Highlights Microsoft said it would acquire Activision Blizzard for nearly US$69 billion in an all-cash deal. Since July, Activision has fired over three dozen employees and disciplined around 40 more staff members over sexual harassment and mis.....

What exactly is Ethereum EIP-1559 upgrade on Polygon?

January 18, 2022 09:59 PM AEDT| By Manu Shankar

Highlights The much-anticipated implementation of Ethereum’s EIP-1559 upgrade was finally implemented on 17 January, thereby bringing facilities of a partial network fee burning mechanism on the Polygon network. However, following the suc.....

The Quadriga crypto fraud saga, and lessons for crypto investors

January 18, 2022 08:06 PM AEDT| By Ankit Sethi

That the value of any crypto asset can change drastically in the blink of an eye is what most investors are now aware of. That a large crypto exchange can be a just-another Ponzi scheme is what many of us may have forgotten. ‘Bitcoin Widow&r.....

What makes EasyFi (EZ) crypto so unique?

January 18, 2022 07:39 PM AEDT| By Manu Shankar

EasyFi (EZ) crypto is a permissionless money markets protocol that operates on multi-blockchain network. Operating on Ethereum, Polygon, and Binance Smart Chain blockchain EZ crypto accelerates the liquidity deployment at a faster speed and is also.....

Is Paribus a good investment & how to buy PBX crypto?

January 18, 2022 06:31 PM AEDT| By Raza Naqvi

The price of Paribus (PBX) cryptocurrency has catapulted 40 per cent, and it was trading at US$ 0.02755 per token at the time of writing. The surge in the price of this cryptocurrency has left enthusiasts wondering about the digital asset. Let's .....

Will Tonga’s post-Tsunami crisis affect NZ economy as well?

January 18, 2022 05:39 PM AEDT| By Manika

Highlights On 15 January, a major volcanic eruption occurred in the South-East Island of Tonga. Significant damage has been reported where all communication lines have been disrupted. New Zealand which is a neighbouring island country ha.....

Why is Singapore alerting people against crypto marketing services?

January 18, 2022 03:59 PM AEDT| By Jasmine Anand

Highlights Singapore’s Central Bank has issued guidelines to limit activities of crypto players for marketing or promoting their services to retail investors. To protect interests of the general public and shield them from extreme price f.....

Why Indian PM Modi urged for global cooperation on cryptocurrencies

January 18, 2022 09:30 AM AEDT| By Ashish

Indian Prime Minister Narendra Modi urged the world to come together to tackle problems posed by cryptocurrencies. Modi called for a “global effort” while speaking at the World Economic Forum's (WEF) virtual Davos Agenda conference on M.....

Report: World’s richest got richer during pandemic

January 18, 2022 12:52 AM AEDT| By Priya Bhandari

A recent report by Oxfam has stated that the world’s 10 richest people have seen their fortune increase by more than double from US$700 billion to US$1.5 trillion (£1.01 trillion), since the start of the pandemic due to various factors .....

What is Grape crypto & its connection with Elon Musk?

January 17, 2022 09:30 PM AEDT| By Raza Naqvi

The Grape Network (GRAPE) cryptocurrency price surged over 30 per cent in the last 24 hours, taking its price to US$ 0.079221 per token. At the time of writing, GRAPE crypto's 24-hour volume was up about 164 per cent to $536,603. In addition, the .....

eToro taps into metaverse craze, rolls out portfolio

January 17, 2022 08:54 PM AEDT| By Aditi Saha

Highlights The metaverse is a virtual world in which users can roam around as avatars and engage with other individuals in both economic and social ways. Many large corporations are venturing into the metaverse as a result of the rapid advancem.....

Why does China want to strengthen economic ties with New Zealand?

January 17, 2022 08:48 PM AEDT| By Manika

Even though diplomatic ties between China and New Zealand are getting strained, both countries are keen on deepening economic ties. An indication of this is likely the appointment of a new Chinese ambassador who has previously worked on the Belt an.....