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JPMorgan Says Bitcoin’s Fair Value Is $38K… But It Still Expects BTC To Eventually Hit $150,000

The bitcoin price has recaptured the $44K level after last month’s precipitous fall that rocked both the crypto and stock markets. Now, multinational investment banking giant JPMorgan Chase has renewed its prediction that the premier cryptocurrency could more than double to around $150,000 in the long term but has suggested that bitcoin’s current fair value […] дальше »

2022-2-9 21:57


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Report: Walmart is gearing up to enter the metaverse

American multinational retail giant Walmart is readying to make its debut into the metaverse after disclosing plans to roll out non-fungible tokens (NFTs) and a cryptocurrency. A report unveiled this news on January 16, noting the firm filed seven trademarks detailing its metaverse ambitions with the US Patent and Trademark Office (USPTO) on December 30. дальше »

2022-1-19 00:27


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Walmart Is the Latest to Venture Into the Metaverse, Trademark Filings Show

US-based multinational retail company Walmart is reportedly working toward entering the metaverse with plans to create its own cryptocurrency and NFTs, CNBC reports, January 16, 2022. Walmart Joins the Metaverse Bandwagon According to a recent report by CNBC, Walmart is burning the midnight oil to enter the rapidly developing metaverse space. Specifically, the company filedRead More дальше »

2022-1-17 11:00


Deloitte Predicts That Sports NFT Sales Will Double In 2022

We have seen non-fungible tokens (NFTs) make big moves in the sports industry this year. And multinational professional services network Deloitte has said that sports NFTs are not going anywhere. According to predictions that the consulting giant released on Wednesday, sports-related NFTs will account for more than $2 billion in transactions next year. This amount […] дальше »

2021-12-1 21:00


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Standard Chartered rolls out its new Olea platform, based on blockchain technology

Standard Chartered, the multinational bank based in the UK, has recently joined forces with the fintech firm Linklogis. The two have worked on the development of the new digital trade finance platform based on blockchain technology, and now, the new platform — called Olea — has just been successfully launched. дальше »

2021-9-1 11:07


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Standard Chartered Partners with Linklogis to Establish Blockchain Trade Finance Platform

The UK-based multinational bank Standard Chartered has established a joint venture with Chinese supply chain finance technology company Linklogis to create a blockchain-based trade finance platform. Blockchain Trade Finance Venture in Singapore Standard Chartered made the announcement in a press release on Monday (August 30, 2021). дальше »

2021-8-31 21:00


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U.K. Multinational Bank Barclays Blocks All Payments To Binance, Citing Notice From FCA

British banking giant Barclays is prohibiting customers from using their debit and credit cards to make payments to the world’s largest cryptocurrency by trading volume, Binance. Barclays appears to be sending text messages to their customers, informing them that the bank is halting payments to the crypto exchange until further notice, the Financial Times reported. […] дальше »

2021-7-6 00:18


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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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HSBC Joins UAE KYC Blockchain Platform

Banking giant HSBC recently announced it had successfully onboarded the United Arab Emirates (UAE) Know Your Customer (KYC) Blockchain Platform. HSBC Joins the UAE KYC Blockchain According to a report by Ledger Insights published on June 29, multinational bank HSBC has successfully joined the UAE KYC Blockchain Platform founded by Dubai Economy. This makes HSBCRead More дальше »

2021-6-30 23:00


Goldman Sachs Believes Ethereum Beats Bitcoin, New Leaked Report Reveals

Goldman Sachs Group Inc, an American multinational financial services company, has weighed in on the controversy between Bitcoin and Ethereum, emphasizing its support for the latter. Excerpts from the bank’s leaked Global Macro Research paper, posted on Twitter by Santiago Santos, General Partner at ParaFi Capital, showed the bank tackling and analyzing the key arguments […] дальше »

2021-5-25 20:07


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Major Swiss Bank UBS Reportedly Mulling Offering Crypto Services to Wealthy Clients

Swiss multinational investment banking giant UBS Group AG is looking at ways to give its wealthy clients exposure to digital assets.  UBS Could Offer Cryptocurrency Investment Service  According to BNN Bloomberg on Monday (May 10, 2021), people knowledgeable with the matter told the news outlet that UBS is exploring different alternatives to offer its clientsRead More дальше »

2021-5-11 23:00


ING Report: How Blockchain & DeFi Will Change The Financial Landscape

Multinational banking services provider ING bank has lent its voice in the ongoing debate surrounding decentralized (DeFi) and centralized finance (CeFi). In a detailed whitepaper published on its website, the Amsterdam-based financial institution expounded on the pros and cons surrounding DeFi and how centralized finance could help institute a new economic system. дальше »

2021-5-7 20:01