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News
The Quadriga crypto fraud saga, and lessons for crypto investors
January 18, 2022 08:06 PM AEDT| By Ankit SethiThat 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 ShankarEasyFi (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 NaqviThe 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 ManikaHighlights 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 AnandHighlights 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 AshishIndian 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 BhandariA 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$1.5 trillion (£1.01 trillion), since the start of the pandemic due to various factors .....
What is Grape crypto & its connection with Elon Musk?
January 17, 2022 09:30 PM AEDT| By Raza NaqviThe Grape Network (GRAPE) cryptocurrency price surged over 30 per cent in the last 24 hours, taking its price to US$ 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 SahaHighlights 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 ManikaEven 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.....
Credit Suisse chairman resigns over COVID-19 rules breach
January 17, 2022 08:31 PM AEDT| By Sukriti NairGlobal conglomerate’s chairman Antonio Horta-Osorio has quit Switzerland-based bank Credit Suisse, on an internal probe over COVID-19 rules breach. Why is the Credit Suisse top boss quitting? In not just one year after he took charge, Osori.....
How to research a stock? A beginner’s guide to share selection
January 17, 2022 07:16 PM AEDT| By Versha JainHighlights Investing in stocks comes easier for those who are used to researching companies. Ratios are the metrics used to determine the financial health of a company. Other qualitative indicators to analyze include management, competitors, a.....
Which are the best five cryptos for mining at home in 2022?
January 17, 2022 07:07 PM AEDT| By Aditi SahaHighlights Cryptocurrency mining is a very costly affair and necessitates the purchase of expensive GPUs or ASICs. Mining is, at its core, a process of resolving difficult mathematical problems. Miners are compensated for their work by receivi.....
What led to Cardano’s price rise during weekend?
January 17, 2022 07:04 PM AEDT| By Jasmine AnandHighlights Cardano, the fifth most popular crypto worldwide, is seeing the maximum rise in its prices over the past seven days as compared to its peers. It rose by more than 19% since the last week, owing to a boost in investors' confidence. I.....
What is Walmart crypto? Is Walmart launching NFTs?
January 17, 2022 07:00 PM AEDT| By Ankit SethiRetailer Walmart may soon launch its own set of digital goods for metaverse. Walmart is said to have filed multiple trademarks related to virtual goods in December 2021. Though it is being fairly estimated that the retailer can soon jump onto the m.....
Brent Crude hits more than 3-year highs on global supply concerns
January 17, 2022 02:28 PM AEDT| By Arpit VermaHighlights Brent crude oil hitting more than 3-year highs on Monday. In the last week, Brent and WTI both rose by 5.4% and 6.3%. Leading oil-producing groups, including OPEC+, are not able to supply enough to meet strong global demand. Cr.....
Would Omicron pose any threat to NZ economy?
January 16, 2022 06:00 AM AEDT| By ManikaHighlights New Zealand recorded its first Omicron case in mid-December 2021. Omicron variant has created an uncertainty around the economic situation The Delta variant which was more severe was not as harmful to the NZ economy as suggested. .....
What role does Layer 2 play in the growth of cryptos?
January 16, 2022 12:59 AM AEDT| By Aditi SahaHighlights In recent years, blockchain has emerged as one of the world's most intriguing emergent technologies. Layer 2 is the moniker given to all blockchain scaling solutions that are constructed on a layer behind the blockchain's main net. .....
Bitcoin back under pressure as crypto bear market looms
January 16, 2022 12:55 AM AEDT| By Daniel Paul JohnsHighlights The world’s largest cryptocurrency has recovered slightly to sit slightly above US$42,000 but it’s still a considerable fall from its record high of US$68,500, which it hit a mere two months ago The tightening of poli.....
Why are NFTs valuable?
January 16, 2022 12:34 AM AEDT| By Ankit SethiHighlights Digital arts of Beeple, CryptoPunk, and even first tweet of Jack Dorsey have sold for millions These are all NFTs – meaning their record of sale is stored in blockchain NFTs come with the same ‘overvalued’ issues t.....
