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OpenSea Bans Insider Trading after Employee Defrauds Buyers

Alinda Gupta September 20, 2021

On September 14, 2021, OpenSea, a popular NFT (Non-Fungible Tokens) marketplace startup, admitted to insider trading on their website. Insider trading happens when people—employees or otherwise—use a company’s non-public knowledge to their financial advantage. OpenSea did not reveal the employee’s name; however, Twitter users took advantage of blockchain’s public access and transparency to ascertain who did it.

Understanding the Chinese Crypto Crackdown

Kamya Pandey September 20, 2021

In the latest addition to China’s cryptocurrency crackdown, the government of Sichuan province halted all crypto mining activities in the region. The efforts to restrict cryptocurrency mining have also spread to China’s northwestern province of Hebei. The cyberspace commission of Hebei announced on September 14, 2021 that it will cooperate with the central government’s efforts to curb crypto mining and trading.

Turning Rocks into Notebooks: A Look at Karst’s No-Tree Paper

Kamya Pandey September 19, 2021

Around 42% of wood harvest across the world goes into making paper. The paper industry is a significant contributor to deforestation and consumes 4% of the world’s energy reserve. To mitigate the environmental impact of the paper industry, the Australia-based company Karst has come up with an eco-friendly solution to the world’s paper needs.

How Did Civilians Prepare for the SpaceX Mission?

Alinda Gupta September 18, 2021

Imagine this: you’ve won the lottery and you are going to space, accompanied by a billionaire, in Elon Musk’s aircraft. It sounds like a dream. However, it became a reality for air force veteran Chris Sembroski who won this trip to space in a lottery. Inspiration4”—was launched from Florida and represents the first all-civilian crew heading to space. The journey aims to raise funds for St. Jude Children’s Research Hospital.

What Causes Inflation and Are Banks Worried about It Post COVID?

Alinda Gupta September 17, 2021

The global inflation rate in 2020 reached 3.2%, well above the acceptable rate of 2%. This rise in prices is known as inflation, and this was an issue heavily discussed at the Central Bank Jamboree Conference 2021. It indicates that the prices of most everyday products and services, such as food, clothing and housing, increased, as did their demand due to the pandemic.

Is “Freemium” the Way to Go For OTT Platforms In APAC?

Kamya Pandey September 16, 2021

In 2021, internet penetration across the Asian continent has rapidly increased. The Asia-Pacific region (APAC) has the largest number of internet users worldwide. The surge of internet penetration has fueled the growth of Over-the-Top (OTT) platforms in the region. OTT content refers to paid or unpaid media services offered to users directly over the internet.

Who Is Elizabeth Holmes and Why Is She on Trial?

Alinda Gupta September 16, 2021

Silicon Valley entrepreneur Elizabeth Holmes’s journey shows that not all Ivy League-dropout stories are those of success. At 19, Holmes dropped out of Stanford to start Theranos, a health-tech company that set out to revolutionize healthcare by detecting diseases with a single drop of blood. The idea was innovative and promising, so much so that Vice President Joe Biden called it “the future of laboratory science”. Seeing its potential, investors poured over US$400 million into the business.

The Alipay Breakup: A Microcosm of China’s Data Regulation Plans

Kamya Pandey September 16, 2021

According to a report by Financial Times (FT), China is planning to break up Ant Group’s online payment platform Alipay. The group has been instructed to create a separate application for its loan payment business. Ant Group’s shares have fallen by more than 4% since the news of the break-up first broke.

Programmatic Advertising and Its Game-Changing Benefits

Taniya Chamoli September 16, 2021

A study conducted by the National Center for Biotechnology Information in the US claims that the attention span of an average human dropped from 12 seconds in 2000 to 8 seconds in 2013, owing to the excessive use of digital media. As a result, customers often forget most of the brand advertisements they come across on the internet. This is when programmatic advertising comes into the picture.

Why Are Cryptopunks So Expensive?

Kamya Pandey September 15, 2021

NFT’s or Non-Fungible Tokens have been surging in popularity in 2021. Much like other NFTs, CryptoPunks have also been seeing a rise in popularity and value. They make up 3 out of the top 5 most expensive NFT’s ever sold. (For more details on this, check this out here).

MOHLIA: Flowers That Last Forever

Kamya Pandey September 15, 2021

Does your significant other or best friend love flowers but hate to see them wilt? Flower store MOHLIA’s infinity flowers might be the solution to your problem.

MOHLIA is a “budding” Hong Kong-based startup founded by 22-year-old author and entrepreneur Simran Mohinani. She got the idea for the business when she was moving from the United States to Asia.

What Happened at the Central Bank Jamboree Conference 2021?

Alinda Gupta September 15, 2021

Federal Reserve Bank Chair Jerome Powell discussed his goals for maximum employment and price stability amid Covid-19. Every year in August, the world’s central bankers

Olio to Solve Food Waste with Series B Funding

Nidhi Singh September 14, 2021

With its latest funding, Olio aims to push its international expansion in key markets like Latin American, Northern Europe, and Asia. Food wastage has become

Warren Buffett’s Top Companies to Invest in during Inflation

Alinda Gupta September 14, 2021

Berkshire Hathaway chairman and CEO Warren Buffett’s investing style has always been a patient one. In a 2012 interview with the New Yorker, he said that if you go from flower to flower, you will have to find multiple flowers to make a lot of money. Instead, he likes to invest in his selected few for the long run. Thanks to that, he has built a good idea of companies that perform well even during high inflation.