Cryptocurrency Analysis and News Portal
New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology.The ‘Power Dollar’ is not government backed however and is more akin to a stablecoin
Read More
COVID has not slowed crypto M&A. To wit, the value of industry acquisitions in the first half of 2020 has already surpassed that of full year 2019, according to a report released Thursday by PricewaterhouseCoopers (PwC). Around $597 million was spent in 60 deals in the first half of 2020, compared
Read More
A new PwC report claims blockchain technology can add $1.7 trillion to the global economy by 2030, with the Asian continent standing to benefit the most. Source
Read More
Big Four auditor PwC and Swiss blockchain investment firm CV VC have released a preview for its new periodical report devoted to the blockchain in various industries.Published on July 21, the report provides an overview of the upcoming full release featuring the top global blockchain companies focused on implementing blockchain
Read More
The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management in crypto funds grew from $1 billion in 2018 to more than $2 billion by
Read More
Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides.In an email sent to CryptoX, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined the firm. Hand in handAccording to a
Read More
PricewaterhouseCoopers (PwC) Switzerland has “hired” smart contract audit firm ChainSecurity’s team, folding the company and its expertise into the Big Four accounting firm, the companies announced earlier this week.In what seems like an acquisition in all but name, the seven technical engineers are joining the accounting firm and to bolster
Read More
ConsenSys-backed identity management protocol uPort has entered a partnership with Onfido and PwC to develop blockchain-based identity management in the financial services sector in the United Kingdom. In a Sept. 23 announcement, Ethereum-based digital identity platform uPort said that it was partnering with ID management firm Onfido and Big Four
Read More
Even a few years ago, not many would have thought that crypto M&A, or mergers and acquisitions, were ever going to be a thing. However, it needs to be kept in mind that the crypto space has grown and evolved at a remarkable pace over the course of the past
Read More
One of the “Big Four” accounting firms PwC, the Luxembourg branch, will accept Bitcoin(BTC)trade payments from clients beginning October 1st.PwC Luxemburg, a subsidiary of the world’s second-largest professional services firm, has announced on September 2nd that the firm will start accepting Bitcoin as a method of payment from its clients
Read More