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February 2022

Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet

Canadian Big 4 Auditing Firm KPMG Lists BTC and ETH to Balance Sheet

Leave a Comment / Bitcoin News, Cryptocurrency /

Multinational professional firm services and one of the Big four auditing firms, the Canadian distribution of KPMG, said it added Bitcoin and Ethereum to its corporate treasury. This is the first direct investment in cryptocurrencies to the company. Benjie Thomas, a managing partner of KPMG Canada Consulting Services, said that crypto assets have become a mature asset class: […]

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XRP gains 30% after Ripple gets permission to explain ‘fair notice defense’ vs. SEC

XRP gains 30% after Ripple gets permission to explain ‘fair notice defense’ vs. SEC

Leave a Comment / Top Alt Coin News, XRP for Dummies /

The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. Ripple (XRP) price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities. SEC vs. Ripple Judge Analisa Torres has

XRP gains 30% after Ripple gets permission to explain ‘fair notice defense’ vs. SEC Read More »

Meta says it may shut down Facebook and Instagram in Europe over data-sharing dispute

Meta says it may shut down Facebook and Instagram in Europe over data-sharing dispute

Leave a Comment / Business, Hot News /

KEY POINTS The social media giant issued the warning in its annual report last Thursday. Regulators in Europe are currently drawing up new legislation that will dictate how EU citizens’ user data gets transferred across the Atlantic. In July 2020, the European Court of Justice ruled the data transfer standard between the EU and the U.S. doesn’t

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Japan’s Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report

Japan’s Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report

Leave a Comment / Regulation, Stablecoins /

The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument. Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment to enable instant settlement of securities transactions, according to a report by Nikkei. The trust banking arm of Mitsubishi

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Bitcoin, Ethereum Technical Analysis: Bitcoin Hits ,000 After Tesla Announcement

Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement

Leave a Comment / Bitcoin News, Ethereum for Dummies /

Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week high today, climbing by as much as 3% as

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Bored Ape Yacht Club Loophole Exposed! Creator Can Mint Unlimited Apes

Bored Ape Yacht Club Loophole Exposed! Creator Can Mint Unlimited Apes

Leave a Comment / NFTs /

Bored Ape Yacht Club bears some bad news for fans. As revealed by a hot discussion on LinkedIn, the NFT collection doesn’t have a maximum limit. A function in the contract allows for unlimited supply, 30 more Apes in one go. The discussion caught the attention of industry experts, including Keir Finlow-Bates, the CEO and founder of Chainfrog, who confirmed the

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Tesla says it held nearly billion worth of bitcoin at the end of 2021

Tesla says it held nearly $2 billion worth of bitcoin at the end of 2021

Leave a Comment / Bitcoin News, Business /

KEY POINTS Tesla said Monday it was holding $1.99 billion worth bitcoin at the end 2021. The company purchased a total of $1.5 billion in bitcoin in 2021. Tesla said Monday in a filing with the SEC it was holding nearly $2 billion in bitcoin at the end of last year. The company purchased a total of $1.5

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Bitcoin Will Reach 0K in Second Half of 2022, FSInsight Says

Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says

Leave a Comment / Bitcoin News /

Ether could reach $12,000, the report said. Bitcoin became increasingly correlated with equities toward the end of the fourth quarter of last year and fell when faced with the prospect of central bank tightening, FSInsight said in a note entitled “Digital Assets in a Post-Cycle World.” The correlation has become more pronounced with bitcoin and

Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says Read More »

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