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Top US crypto firms join the TaxBit network to offer users free tax forms
TaxBit, a crypto tax compliance firm, launched the TaxBit Network today with hopes that it will help democratize crypto tax calculations and tax forms by offering necessary reporting data. A report unveiled this news noting that the company seeks to unite leading crypto companies and offer their users free 2021 tax forms. дальше »
2022-1-12 23:20 | |
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Binance tries wooing France after a year of regulatory turbulence
Binance, the largest cryptocurrency exchange by trading volume, is looking to make its way into France. A report unveiled this news earlier today, noting that the firm has joined hands with France FinTech to launch a $113. дальше »
2022-1-1 22:52 | |
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Abilene and Taylor County plan to build a $2.4B BTC mining facility
The Texan city of Abilenehas joined hands with Lancium, a Houston-based infrastructure firm, to build a data center that supports Bitcoin (BTC/USD) mining. A report unveiled this news earlier today, noting that this project is worth $2. дальше »
2021-12-23 16:02 | |
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HSBC, Wells Fargo Announce Plan to Leverage Blockchain to Settle Interbank Foreign Exchange Transactions
Wells Fargo and HSBC Bank today announced that they’re planning to settle foreign exchange (forex) transactions on the blockchain, a report by Ledger Insights confirms. Settling Forex Transactions on Blockchain According to a report published today, major global bank HSBC and US-based multi-national financial firm Wells Fargo announced they would soon be settling forex transactionsRead More дальше »
2021-12-14 02:00 | |
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Grayscale’s Report Reveals 91% Of Bitcoin Investors Have Notched A Profit Amongst Other Disclosures
The digital investment firm, Grayscale has released a report about Bitcoin investment trends in the US. The report showed a growing appetite for Bitcoin by Americans over the last year, noting that women are more likely to invest in the asset class. дальше »
2021-12-8 00:39 | |
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Grayscale report highlights potential Solana risks, should you be concerned?
Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana. ” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks. дальше »
2021-12-8 20:00 | |
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Grayscale: The Metaverse Ecosystem Could Be Worth $1 Trillion Soon
Grayscale analysts have predicted via the firm’s latest report that the crypto metaverse ecosystem could be worth more than $1 trillion in a few years if the industry maintains its current rate of adoption. дальше »
2021-11-25 20:00 | |
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New report shows 50% of Uniswap V3 liquidity providers are losing money
Fintec advisory firm Topaze Blue, in conjunction with Bancor, recently published a report about impermanent loss (IL) on Uniswap V3. The post New report shows 50% of Uniswap V3 liquidity providers are losing money appeared first on CryptoSlate. дальше »
2021-11-20 23:00 | |
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Gemini Exchange Planning To Raise $400 Million In New Funding Round, Valuation At $7 Billion
Cryptocurrency exchange Gemini plans to raise $400 million in a funding round that will see its valuation to about $7 billion. Gemini Joins League Of Crypto Firm Who Have Raised Their Valuation According to a report by Bloomberg, Gemini, co-owned by the Winklevoss twins (Cameron and Tyler), plans to take advantage of the current surge […] The post Gemini Exchange Planning To Raise 0 Million In New Funding Round, Valuation At Billion first appeared on BitcoinExchangeGuide. дальше »
2021-11-18 17:21 | |
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DEX and OTC Brokers Adoption Growing Significantly Since 2019, More Than Centralized Exchanges: Report
Decentralized exchanges (DEXs) and OTC brokers are gaining adoption as centralized and high-risk exchanges see their number dip slightly, according to a new report by blockchain analytics firm Chainalysis. дальше »
2021-11-12 22:27 | |
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American payments firm Square logs over $1 billion in Bitcoin revenue
Jack Dorsey’s Square in its recent quarterly earnings report has revealed that the firm made $1. 8 billion in Bitcoin revenue and $42 million in profits. Square’s Bitcoin quarterly revenue dips for the second time this year According to the report, the $1. дальше »
2021-11-6 08:00 | |
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Why Fundstrat’s Tom Lee Envisions Bitcoin Hitting $168,000 Within Two Months
Key Takeaways Analyst predicts a $168,000 Bitcoin price by the end of 2021. Bitcoin ETFs have fueled the recent rise of the leading cryptocurrency. Co-founder of Fundstrat, Tom Lee, has revealed that according to the firm’s analysis, the leading cryptocurrency should reach as high as $168,000 by year-end. дальше »
2021-11-1 21:27 | |
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YIELD App Strikes Premier League Partnership After Doubling Managed Assets In Q3
YIELD App, a Fintech company that seeks to redefine banking through decentralized finance (DeFi), is happy with its recently published Q3 report that shows the firm’s growth trajectory for the past few months. дальше »
2021-10-14 17:29 | |
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Cryptocurrency Adoption More Pronounced In Struggling Economies: Chainalysis Report
Grassroot crypto adoption is spiking, and more economically vulnerable countries are becoming engaged in the crypto space. This is according to a recent report by the popular blockchain analytics firm Chainalysis. дальше »
2021-10-9 22:03 | |
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MoneyGram, Stellar, and Circle tie to offer blockchain-based payments
MoneyGram, a legacy cross-border peer-to-peer (P2P) payments and money transfer company, is looking to launch blockchain-powered payments. A report unveiled this news on October 6, noting that the firm has joined hands with Stellar and Circle to provide instant money transfers through Circle’s stablecoin, USD Coin (USDC). дальше »
2021-10-8 13:49 | |
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Crypto Adoption Rapidly Expanding At Grassroots Level In Africa, Chainalysis Explains Why
The cryptocurrency market in Africa grew by 1200% between June 2020 and July 2021, according to a new 2021 Geography of Cryptocurrency report by blockchain data services provider firm Chainalysis. Chainalysis stated that as the third-fastest growing cryptocurrency market in the world, the African market is still relatively small but the most exciting and dynamic. […] дальше »
2021-9-17 14:28 | |
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Data shows institutions, not retail, are driving crypto DeFi Adoption
On-chain analysis firm Chainalysis has stated that the interest of institutional investors in decentralized finance (DeFi) apps and protocols have overtaken that of retail investors. Institutional investors dominate Defi According to the report, DeFi has recorded a terrific year and has enjoyed widespread user adoption and usage amongst crypto enthusiasts. дальше »
2021-9-9 16:00 | |
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Coinbase’s BTC reserves fall to the lowest level since December 2017
Coinbase, the leading cryptocurrency exchange in the US, has recorded a significant outflow of coins over the past few weeks. A report unveiled this news on September 1, citing data from on-chain data analysis firm Glassnode. дальше »
2021-9-2 18:21 | |
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US: SEC quietly signs deal to spy on crypto DeFi transactions
The US Securities and Exchange Commission (SEC), an American agency that overlooks securities markets, has contracted one blockchain analytics firm to help monitor and regulate the burgeoning decentralized finance (DeFi) industry, as per a weekend report on Forbes. дальше »
2021-8-30 16:08 | |
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SEC Signs Deal with Blockchain Analytics Firm AnChain.AI to Closely Monitor DeFi Ecosystem
The US SEC wants to keep a close eye over what’s happening in the DeFi landscape. SEC Keeping a Watch Over DeFi Activities According to a report by Forbes published on Friday (August 27, 2021), blockchain analytics company AnChain. дальше »
2021-8-29 09:00 | |
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Financial Industry Is Witnessing A Seismic Shift in Adoption of Crypto Assets; Could Replace Cash Within 10 Years: Deloitte
Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future. дальше »
2021-8-24 22:44 | |
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BlackRock Enters the Bitcoin (BTC) Mining Sector with Investments in Marathon Digital Holdings, Riot Blockchain
A newly released BlackRock filing with the Securities and Exchange Commission (SEC) dated June 30, 2021, has revealed that the firm has invested more than $382 million in the shares of Marathon Digital and Riot Blockchain, making it the second-highest shareholder of both bitcoin (BTC) mining companies, according to a Forbes report on June 19,Read More дальше »
2021-8-20 15:00 | |
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Emerging markets like Nigeria, Kenya led 880% global crypto growth in 2021
In an effort to measure grassroots cryptocurrency adoption amid the massive growth seen in the crypto market over the year due to traction from industries, the just-published report of on-chain research firm Chainalysis has revealed a surge of over 880% in global adoption majorly driven by peer-to-peer platforms. дальше »
2021-8-20 13:00 | |
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Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It
Analysis firm Chainalysis has disclosed its 2021 Global Crypto Adoption Index part of a more detailed report to be released in September, it claims Bitcoin and cryptocurrencies are seen high levels of adoption. дальше »
2021-8-18 21:14 | |
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Bitcoin or Blockchain: What is causing crypto investments to double
Investor interest in crypto assets has led to a huge surge in overall investments into the blockchain and cryptocurrency industry, a new report by accounting firm KPMG has revealed. It further stated The post Bitcoin or Blockchain: What is causing crypto investments to double appeared first on AMBCrypto. дальше »
2021-8-13 05:00 | |
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Moore Cayman: Tether (USDT) Stablecoins Fully Collateralized
Moore Cayman has confirmed that the USDT stablecoins being issued by Tether are fully backed by the firm’s cash and cash equivalents. In an independent report released on August 10, 2021, auditing firm Moore Cayman, stated that Tether had a total of nearly $63 billion in assets as of June 30, 2021. USDT Fully BackedRead More дальше »
2021-8-10 15:00 | |
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Miner Argo Blockchain Reports Record Profit Amid Bitcoin Price Boom
London Stock Exchange-traded miner Argo Blockchain announced record profits in its Q2 earnings report, per a press release. The bitcoin mining firm now holds over 1,100 bitcoin worth $50 million. дальше »
2021-8-10 15:02 | |
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Chainalysis: Chinese sent $2.2 billion worth of cryptocurrency to fraudulent addresses
Chinese addresses sent more than $2.2 billion worth of cryptocurrency to addresses linked to illegal activities between April 2019 and June 2021, according to the latest report from analyst firm Chainalysis. дальше »
2021-8-14 13:33 | |
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Melanio Capital Unveils UCITS-Complaint Bitcoin Equities ETF
Melanion Capital has announced the launch of its bitcoin (BTC) equities exchange-traded fund. The firm says the UCITS-compliant investment vehicle is designed to offer investors exposure to companies heavily invested in crypto and the underlying distributed ledger technology (DLT), according to an ETF Stream report on August 5, 2021. дальше »
2021-8-7 07:30 | |
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US Judge grants Ripple access to Binance’s records in the SEC case
US Magistrate Judge Sarah Netburn has ruled in favour of FinTech firm Ripple once again in its ongoing securities case against the US Securities Exchange Commission (SEC). A report unveiled this news earlier today, citing court documents. дальше »
2021-8-6 19:12 | |
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Asset Management Firm GoldenTree Reportedly Purchases Bitcoin (BTC)
Asset manager GoldenTree is reportedly the latest firm to add bitcoin (BTC) to its balance sheet, a report by financial news outlet The Hill says. GoldenTree Purchases Bitcoin (BTC) GoldenTree, a New York-based asset management firm has reportedly added the premier cryptocurrency bitcoin to its balance sheet. дальше »
2021-8-1 19:00 | |
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Bitcoin’s Vicious Plunge In Q2 Cost Tesla $23 Million — But It’s Better Than Some Expected
In an earnings report after market close on Monday, Elon Musk’s electric car manufacturer revealed blockbuster income for the second quarter. The report showed that the firm produced and delivered 200,000 vehicles, accruing a profit of over $1 billion for the first time in history. дальше »
2021-7-28 17:58 | |
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64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report
As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently conducted a survey that shows adults from ten different countries would likely use a CBDC. дальше »
2021-7-24 06:30 | |
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Report Shows That Majority of Circle’s USDC Reserves Are Held in Cash
Payments fintech company Circle revealed a breakdown of the assets backing the dollar-pegged stablecoin USDC, as part of efforts to ensure transparency and accountability. Assets Backing USDC Stablecoin In an attestation report by major accounting firm Grant Thornton, the company revealed the reserves backing USDC. дальше »
2021-7-22 15:00 | |
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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
On July 20, the CEO of Circle Internet Financial LLC. , Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability. дальше »
2021-7-21 00:30 | |
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Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. дальше »
2021-7-16 00:30 | |
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London-Based Multibillion-Dollar Hedge Fund Marshall Wace Plans Mega Bitcoin Investment
British Investor Paul Marshall’s $55 billion hedge fund is reportedly planning to invest in the cryptocurrency industry. A report by the Financial Times stated Tuesday that according to people familiar with the firm’s operations, the Marshall Wace hedge fund is interested in gaining exposure to crypto assets by investing in crypto startups that are in their […] дальше »
2021-7-7 22:22 | |
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India: IT Firm Tech Mahindra Partners with Startup to Launch Blockchain-Powered Vaccine Traceability Solution
Indian IT giant Tech Mahindra has joined forces with Singapore and Hyderabad-based ditital supply chain solutions provider StaTwig to implement ‘VaccineLedger’ across the globe. Tracing Vaccine Provenance with Blockchain According to a report by The Business Line, major Indian IT firm Tech Mahindra is set to leverage distributed ledger technology (DLT) to perform end-to-end traceabilityRead More дальше »
2021-7-6 21:01 | |
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EY Open-Sources Code for Zero-Knowledge Layer-2 Protocol on Ethereum
London-based multinational professional services firm EY has open-sourced the prototype code for its zk-proofs Ethereum Layer 2 solution, Nightfall 3. EY Releases Code for Ethereum Layer-2 Scaling Solution According to a report by The Block published July 2, auditing and accounting giant EY has open-sourced the code for Nightfall 3 – a zero-knowledge Layer 2Read More дальше »
2021-7-4 19:00 | |
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George Soros’ Investment Fund Turns Its Attention To Bitcoin
A report from The Street has announced that George Soros’ investment fund will start actively trading Bitcoin. In the report, the firm reportedly received the nod of approval to start trading Bitcoin yesterday. дальше »
2021-7-2 20:45 | |
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China: Bitmain-Funded Firm to Completely Decarbonize Its Crypto Mining Operations
SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows. дальше »
2021-7-1 05:00 | |
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Ethereum wallets activity surpasses Bitcoin for the first time ever: Report
The overall activity of addresses (or wallets) on the Ethereum (ETH) blockchain has exceeded that of Bitcoin’s on Monday—for the first time in the history of digital assets, according to crypto metrics firm Santiment. дальше »
2021-6-30 01:00 | |
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UK’s Financial Regulator’s Notice has ‘No Direct Impact’ on Binance, says Exchange after FCA Ban
The leading cryptocurrency exchange, Binance, said that they are aware of the recent report about a notice sent by the UK's financial regulator in relation to Binance Markets Limited (BLM) that ruled that the firm cannot conduct any “regulated activity” in the UK. дальше »
2021-6-28 16:02 | |
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Hong Kong-based Amber Group hits a $1B valuation after fresh funding
Amber Group, a Hong Kong-based crypto financial services company has hit a valuation of $1. 00 billion (£0. 72 billion). A report unveiled this news on June 20, noting that the firm reached this milestone after securing $100. дальше »
2021-6-21 16:47 | |
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US investors made over $4 billion trading Bitcoin last year
A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when compared to their traditional economic rankings. дальше »
2021-6-10 02:01 | |
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Interactive Brokers joins the crypto craze – sets to offer trading
Top brokerage firm Interactive Brokers announced it will start offering cryptocurrency trading by the end of the summer. Based on a recent report by CNBC, the brokerage firm wants to offer crypto trading services to its customers. дальше »
2021-6-9 18:39 | |
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Asset Management Firm Makes $1 Billion Profit by HODLing Bitcoin for 5 Months
U.K.-based investment management firm Ruffer made a quick buck HODLing bitcoin for five months. Ruffer Makes Quick Money on Bitcoin According to a report by The Times published on June 6, investment management company Ruffer is said to have made a whopping $1 billion in five months from investing in bitcoin. The firm added itRead More дальше »
2021-6-7 17:00 | |
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