Ether Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
BlackRock declined to comment on the filing. Source
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Corporate
EY Announces First Corporate Client for EY Blockchain Analyzer: Reconciler
The tool will use analytical dashboards to identify transaction errors, wallet address balances and digital signatures. Ernst & Young (EY) Global has announced the first corporate client for its EY Blockchain Analyzer: Reconciler. Per the announcement, Fidelity Digital Assets, a subsidiary of Fidelity Investments, became the first enterprise to use the
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Corporate Bitcoin (BTC) Adoption Seen Increasing After FASB Vote
Currently, accounting rules only let companies record increases in the value of their digital assets when they sell them – though losses are reflected at least once a year. But, on Wednesday, the Financial Accounting Standards Board (FASB) voted to take another path, letting companies use fair-value accounting that allows
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Gala Games founders biff over $130M theft, corporate waste allegations
The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (GALA) and the other alleging corporate waste.On Aug. 31 Gala co-founders Wright Thurston and Eric Schiermeyer, also the firm’s CEO, filed lawsuits against
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BitBoy removed from his company amid corporate ‘coup’
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ben Armstrong — the person behind the BitBoy nickname — was purportedly fired from the company managing the BitBoy brand. On Aug. 28, cryptocurrency influencer Jason Williams shared a communication on Twitter. He informed that Armstrong is no
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Bitcoin centralized by corporate giants should not be feared – Michael Saylor
During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding to centralize Bitcoin (BTC) should not be a cause for concern.While speaking to Natalie Brunell on the Coin Stories podcast, released on Aug. 7, Saylor emphasized the inevitability of third-party and corporate
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Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
Pro-XRP lawyer, John E. Deaton, has said that the actions taken by the Securities and Exchange Commission (SEC) against the crypto industry are driven by a broader motive to safeguard corporate capitalism rather than prioritizing the protection of investors.Deaton highlighted what he views as an assault on cryptocurrencies, particularly in
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JPMorgan Introduces Euro-Dominated Transaction Settlement for Corporate Clients
Now, wholesale payment clients including renowned multinationals can choose to transfer either dollar or euro to/from their JPMorgan accounts anywhere in the world. American multinational investment bank JPMorgan Chase & Co (NYSE: JPM) has introduced euro-dominated payments for its corporate clients as unveiled by Basak Toprak, JPMorgan’s head of Coin Systems
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Investing in Web3 is a ‘hedge against disruption’ — Corporate VC
The crypto space has been facing waves of uncertainty in recent months, with looming regulations from authorities worldwide and a lingering market downturn. Despite the state of the industry, investors are still backing new ventures in the space. Data shows that in 2022 alone, European decentralized finance startups experienced increased venture capital (VC)
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Bitget pledges $10M for Blockchain4Youth corporate responsibility project
On May 4, cryptocurrency derivatives exchange Bitget announced it would allocate $10 million over five years for its novel corporate social responsibility project. Dubbed "Blockchain4Youth," the project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide. In addition, Bitget staff wrote:"The
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