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Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. дальше »
2021-7-7 13:00 | |
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Western Bitcoin Miners Win Big During China Crackdown
Bitcoin mining companies in the west yield strong returns as China’s crypto mining crackdowns continue. Western Miners Rake In Big Profits During China’s Crackdown As per a report from Arcane Research, China’s crackdown on Bitcoin mining has resulted in more gains for Western miners. дальше »
2021-7-6 18:28 | |
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Meet WorldCoin: How This Project Wants to Scan Everyone’s Eyeballs For Money
According to a Bloomberg report, Sam Altman has a new startup and is looking to give everyone on earth free money, but there is a catch: you must let them scan your eyeballs. Altman was a former partner at Y Combinator, a “startup accelerator” platform that has helped launch thousands of companies. Altman left Y […] дальше »
2021-6-30 22:56 | |
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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%
Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz. дальше »
2021-6-21 17:06 | |
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World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions
“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX. дальше »
2021-6-11 18:10 | |
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Over $11B in Bitcoin Held by 32 Companies: Crypto Treasuries Report
Data from CryptoTreasuries shows that 32 companies hold nearly $12 billion in BTC, while 11 companies hold roughly $470 million in ETH. The post Over $11B in Bitcoin Held by 32 Companies: Crypto Treasuries Report appeared first on BeInCrypto. дальше »
2021-6-7 10:47 | |
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Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients
Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […] дальше »
2021-6-2 22:34 | |
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Robinhood faces competition from two new Chinese entrants
As China continues its crackdown on cryptocurrencies, some companies in the region are not lying low to take the heat. According to a recent report, two Chinese online brokerages have decided to expand their business to include crypto trading abroad. дальше »
2021-6-1 13:59 | |
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Bitcoin Headed For A Catastrophic Price Drop As China Reiterates Negative Stance On Crypto
On Tuesday, a report from Reuters made claims of China passing a ban on financial institutions and payment companies, prohibiting any cryptocurrency transactions and warning investors over speculative crypto trading. дальше »
2021-5-19 15:35 | |
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Report: China Bans Financial Institutions From Offering Bitcoin Services
China has reportedly banned financial institutions and payment companies from offering Bitcoin service to clients. дальше »
2021-5-19 20:27 | |
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Ticketmaster Owner Firm Contemplates NFT Marketplace for Concerts
Ticketmaster’s parent company mulls entering the NFT space. Live Nation Envisages NFT Marketplace While the NFT tokens’ price movement in the crypto market might have come to a momentary standstill, companies across the world are not shying away from embracing the new tech to expand their business footprint. дальше »
2021-5-10 12:30 | |
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South Korean Company Crypto Holdings Pass 10 Billion Won
Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto. дальше »
2021-5-10 10:51 | |
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Blockchain Stocks Have Dwarfed S&P 500 by over 34 Percent in 2021
Goldman Sachs has revealed in its latest report released on April 26, 2021, that 19 stocks of companies invested in bitcoin (BTC) and distributed ledger technology (DLT) have outperformed the Standard & Poors 500 by a massive 34 percent this year. дальше »
2021-4-28 15:00 | |
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ECB Report: Public Prioritizes Privacy in Potential Digital Euro
According to a report published on April 14, privacy is the most important feature of a digital euro, especially for merchants and other companies. Both the public and professionals support requirements to prevent illegal activities, as less than 10% supported full anonymity. дальше »
2021-4-14 18:31 | |
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U.S. Real Estate Giant Caruso Properties Adopts Bitcoin (BTC)
Caruso properties have announced that it’s now accepting bitcoin (BTC) for rent on all its properties. Just like MicroStrategy and several other companies across the globe, Caruso has allocated a portion of its balance sheet to bitcoin, according to a report on April 7, 2021. дальше »
2021-4-8 17:00 | |
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Crypto industry got more funding in Q1 2021 than all of last year: Report
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year.
дальше »2021-4-6 13:40 | |
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129 Cryptocurrency Startups Raised $2.6 Billion in Q1: CB Insights Report
Venture capitalists are pouring money like crazy into cryptocurrency-related companies, according to CB Insights. In the first half quarter of 2020, $2. 6 billion was raised by 129 startups focused on the blockchain. дальше »
2021-4-3 19:00 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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– India: All Public, Private Companies Now Required to Disclose Crypto Holdings
Amid ambiguous regulations, crypto adoption continues to grow in India. Indian Companies to Report Crypto Holdings According to a recent amendment to India’s Companies Act, all companies are now required to report all their crypto or digital asset transactions in all public financial reporting. дальше »
2021-3-26 22:00 | |
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China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. дальше »
2021-2-27 01:30 | |
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SBI holds talks with top financial firms to start a crypto joint venture
SBI Holdings Inc. , a leading Japanese conglomerate, is mulling over entering into a cryptocurrency joint venture with multiple financial companies across the globe. A report unveiled this news on February 15, noting that the organisation has already started holding talks with several foreign financial firms. дальше »
2021-2-16 21:47 | |
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Large US University Endowments Are Buying Crypto; More Companies Adding BTC to Balance Sheets
According to a report, several large US university endowments like Harvard University, Yale University, Brown University, and the University of Michigan are buying cryptocurrencies directly through exchanges. дальше »
2021-1-26 17:42 | |
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Report: 72% of Fortune 100 develop blockchain solutions
Cryptorush of 2017 inspired major US companies to experiment with blockchain solutions. According to a recent study, nearly three-quarters of Fortune’s leading companies are exploring opportunities or already implementing blockchain solutions. дальше »
2020-6-22 11:07 | |
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Blockchain Firms Flocked to Hong Kong in 2019: Report
Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019. дальше »
2020-6-3 19:37 | |
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Report: McDonald’s, Starbucks, Subway Likely to Trial China’s Digital Yuan
Popular restaurant franchises including Starbucks, McDonald’s, and Subway could be the first of the many companies that are reportedly being considered to test China’s central bank digital currency (CBDC) – the digital yuan. дальше »
2020-4-24 17:00 | |
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Foreign Hackers Targeting COVID-19 Vaccine R&D: Report
Hacker groups from several foreign countries have reportedly started targeting several companies conducting research into the coronavirus pandemic. Reuters recently reported that Tonya Ugoretz, a Deputy Assistant Director at the FBI, made the attempted hacks known at a panel conducted by international nonprofit think tank The Aspen Institute. дальше »
2020-4-19 00:15 | |
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The Need to Report Carbon Emissions Amid the Coronavirus Pandemic
Modern digital companies require more and more energy, which contributes to the global rise of carbon emissions
дальше »2020-3-31 17:56 | |
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China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report
The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […] дальше »
2020-3-24 18:23 | |
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JPMorgan’s Ethereum Based Quorum Blockchain Project May Merge With ConsenSys
The banking behemoth JPMorgan Chase may merge its blockchain service with the Ethereum (ETH)-focused investor and software developer ConsenSys, states a Reuters report on Tuesday. The report cites a couple of sources that have knowledge of the merger talks but aren't willing to disclose full details yet. дальше »
2020-2-11 18:13 | |
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Ripple Tops List of Blockchain Capital Raisers in 2019
Ripple raised the highest amount of funding among blockchain companies last year, according to a report by CB Insights. Ripple Raises $200 Million at a Valuation of $10B Last month, we reported that Ripple secured $200 million in a Series C round from investors like SBI Group, Tetragon Financial Group, and Routee 66 Ventures. дальше »
2020-1-24 04:00 | |
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Ripple's Yearly Report - From dumping FUD to being valued at $10 billion
Very few companies survived the aftermath of the ICO hype, Ripple is one such company that was inspired by ideologies of Bitcoin and built to make cryptocurrencies better, faster, and more secure. дальше »
2019-12-30 17:00 | |
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Thomson Reuters Launches Crypto Tax Tool
Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. дальше »
2019-12-24 22:20 | |
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International Data Corporation Details How Companies Will Spend $16 Billion On Blockchain By 2023
The blockchain technology might not be a panacea that will fix all problems, but it is a strong trend in several industries. A new report made by the International Data Corporation (IDC) affirmed blockchain spending is set to reach $16 billion USD by 2023. дальше »
2019-8-9 21:31 | |
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Report: Cryptocurrency businesses must register with Czech regulator or face $560K fine
Cryptocurrency companies operating in the Czech Republic will reportedly be subject to greater control by the government, a local newspaper says. According toaximum fine of approximately $560,000 (500,000€) on cryptocurrency businesses which fail to register with the country’s Trade Licensing Office. дальше »
2019-8-8 16:12 | |
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MoneyGram Is Using XRP In Cross-Border Settlements, Reveals Q2 Report
Ripple and MoneyGram established a partnership on June 17th, 2019. The new partnership is expected to help with working capital needs, while improving profits. MoneyGram has long been one of the largest money transfer companies in the world, so why wouldn’t they take an opportunity to partner with Ripple? Their collaboration just began on June […] дальше »
2019-8-3 02:30 | |
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MoneyGram’s Q2 report confirms use of XRP to facilitate cross-border settlements
MoneyGram, one of the world’s largest money transfer companies, had announced a strategic partnership with Ripple on June 17, 2019. Since that day, the XRP community has been speculating whether XRP would be part of this deal. дальше »
2019-8-2 16:00 | |
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Blockchain Wallet Launches The PIT, a Lightning-Fast Crypto Exchange
Blockchain, a leading cryptocurrency firm that’s in charge of Blockchain multi-crypto wallet, has announced the launch of its cryptocurrency exchange “The PIT“. The exchange is run by a team of former executives at top finance and tech companies like TD Ameritrade, Google and Goldman Sachs, according to a CNBC report on July 30, 2019. дальше »
2019-7-31 19:00 | |
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Does Tesla Know Something About China It Isn’t Telling Us?
It’s always a good idea to read over the 10-Q and 10-K SEC filings of public companies. Occasionally, you may catch something in those filings that weren’t discussed in the quarterly earnings report, or mentioned during the conference call. дальше »
2019-7-31 10:14 | |
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Researchers: Anonymized data does little to protect user privacy
Providing third-parties with data is a necessary cost of living in the 21st century. Whether it’s securing auto insurance, undergoing a routine examination at the dentist, or chatting up friends and relatives on Facebook, each of us will hand over about 1. дальше »
2019-7-30 03:10 | |
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India doesn’t want WhatsApp sharing your payment data with Facebook
Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times. дальше »
2019-7-26 09:40 | |
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FINRA Extends Crypto Activity Report Deadline
The US Financial Industry Regulatory Authority has extended the deadline for member companies to report any crypto activity or planned crypto activity to July 2020 to "encourage" more firms to participate. дальше »
2019-7-23 18:57 | |
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KPGM Is All Set To Work With R3, Microsoft And TOMIA On A Niche’ Blockchain Telecom Solution
According to an all new press release issued by the folks over at KPGM, the business advisory firm has entered into an agreement with a number of major tech companies such as Microsoft, Tomia and R3 in order to devise a blockchain-based settlements solution for the global telecom industry. As per the above linked report, […] дальше »
2019-7-20 19:53 | |
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IBM Technologies Dominates The Active Blockchain Patents In 2019, Registers 300% Annual Growth
In a new report, IBM Technologies leads the charts in the number of patents in blockchain across the US, crossing the 100 mark. The technology giant continues to lead the field beating its competitors not only in number but growth of patents as well. дальше »
2019-7-17 19:28 | |
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“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions
A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee. дальше »
2019-7-16 18:38 | |
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