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The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation. Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, the
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The U.S. Securities and Exchange Commission (SEC) has argued in court that approving a firm's S-1 application to go public, does not represent a “blessing” from the agency, nor provide a verification that the business is regulatory compliant. In the interest of transparency, here is the transcript from our hearing
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While Switzerland has been popular among the wealthy for its prowess in banking, the country has also been slowly welcoming those who mainly want to use Bitcoin (BTC) as an alternative form of money. Cryptox reporter Joseph Hall spoke with Pietro Poretti, the director of the economic development division of the
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The United States Government Accountability Office (GAO) found that blockchain technology can help facilitate oversight of various programs run by the Small Business Administration (SBA).The GAO explored the potential use of blockchain in SBA programs, which provides support to entrepreneurs and small businesses. In its report, the GAO highlighted blockchain’s
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Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India. Innoviti Technologies, an Indian fintech startup, is exploring a fresh funding round that could potentially value the company at approximately $350 million, Bloomberg reported on June 28, citing people familiar with the matter. According to the report,
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WhatsApp Business is introducing new paid features as it announces its monthly active users are now more than 200 million. Meta Platforms-owned WhatsApp Business, a version of the instant messaging app built for small businesses, now has over 200 million users. According to Meta CEO Mark Zuckerberg, this is a 4x
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And, while New York City is admittedly a hub for hubris, it's not so bizarre to imagine the city as a center for crypto too. This was true before the crypto market crash last year and will likely continue amid a period of regulatory uncertainty. New York was one of
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There is a recorded plunge in business activity as Europe reels from rising inflation and a consistent increase in interest rates. Business activity in Europe is waning as the region suffers slow economic growth. Recent data shows that the euro zone’s flash composite Purchasing Managers’ Index (PMI) fell from 52.8 in
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“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his
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The documents might help the likes of Ripple, Coinbase and other businesses that have had a run-in with the SEC. The highly-anticipated Hinman documents have finally been unveiled and made available to the public. However, the contents therein may just have revealed why the United States Securities and Exchange Commission (SEC)
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