Category: pwc

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Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

Stellar Development Foundation published a method for judging Web3 project effectiveness in Colombia, Argentina, Kenya, the Philippines, and other developing markets. The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC)…
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Crypto custody market reached $448 billion in 2022: Report

Researchers cite a rise of interest in crypto staking and nonfungible tokens as the major developments for the custody market. The digital asset industry reached over $3 trillion at its peak in November 2021. However, the custodial part of the market remained at the more modest mark of $447.9 billion in 2022.  These numbers are…
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Today in Crypto: Chainlink Labs Partners with PwC Germany, Bitget Acquires BitKeep, Bitzlato Allows Users to Withdraw up to 50% of Assets, BANXA Joins Hands with BitMart

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Chainlink Labs Partners with PwC Germany, Bitget Acquires BitKeep, Bitzlato Allows Users to Withdraw up to 50% of Assets, BANXA Joins Hands with BitMart  Read more »Sign up…
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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies…
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Latam Based Cryptocurrency Exchange Ripio Expands to US

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US…
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Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator

On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move…
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PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the…
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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and…
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Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate…
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