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Bitcoin's Speedy Trial, Global Corporate Tax, Ripple Wins A Battle + More News
31.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Privacy news
The Bitcoin (BTC) Taproot upgrade might lock-in on the mainnet in less than two weeks, when the next BTC mining difficulty...
Tensions High At IGN After Management Claims Palestine Post Takedown Was Not Corporate Interference
27.5.2021
The weekend before last, IGN published and then pulled a post with links to charities in support of Palestinian victims who’d been devastated by Israeli violence. This spurred over 80 IGN staffers to sign and publish an open letter decrying corporate management’s subversion of their editorial...
Square CEO Says ‘Bitcoin Changes Everything for the Better’
16.5.2021
The CEO of Square Inc. says that “bitcoin changes everything for the better.” His comment followed one from Square’s CFO reaffirming the company’s corporate bitcoin strategy. The CEO also made a commitment to “forever work to make bitcoin better.” Meanwhile...
Palantir to Accept Bitcoin for Services, Considers Keeping BTC on Its Balance Sheet
11.5.2021
Palantir Technologies, the Peter Thiel-backed, American software company specializing in big data analytics, announced Tuesday that company plans to accept bitcoin for services. Further, like a variety of corporate entities that are accepting and holding bitcoin, Palantir is considering keeping...
Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets
5.5.2021
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans...
Genesis spot volume up 287% in Q1, corporate treasury service takes off
29.4.2021
Genesis Global Trading released its Q1 report on April 28, with corporates leading trading volumes, accounting for $8 billion in spot trading alone
Ubisoft Becomes A Part Of The Ever-Growing List of Corporate Bakers At Tezos
21.4.2021
Leading distributor, publisher, and creator of interactive gaming entertainment, Ubisoft, is now a part of the Tezos ecosystem as one of the top-tier corporate bakers. Ubisoft’s entry as a corporate baker on Tezos not only secures and validates the platform but also proves the transparency...
Gaming giant Ubisoft to become corporate baker on Tezos network
20.4.2021
Popular French video game publisher Ubisoft is set to become a validator node on the Tezos ecosystem
Dubai's economic department to roll out blockchain-based corporate KYC
14.4.2021
Dubai’s Department of Economic Development wants to accelerate the total adoption of UAE KYC — the national Know Your Customer standard running on blockchain technology
Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform
9.4.2021
PRESS RELEASE. 9th April 2021, Delaware, United States – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetisation efforts for the sake of corporate profit have done away...
What Is Student Coin and Why It Already Raised Over $28 Million
6.4.2021
Student Coin is a platform that allows users to easily design, create, and manage personal, corporate, NFT, and DeFi tokens. The launchpad for the project already raised over $28 million and the sale is going to end on 30th of April, 2021. What Is Student Coin The Student Coin project is an example...
African Migrants Are Turning to Cryptocurrency Platforms for ‘Low-Fee Remittances’
31.3.2021
As central banks on the African continent fight to keep cryptocurrencies from going mainstream, many more migrant workers are increasingly turning to money-sending platforms that use cryptocurrencies when moving funds across borders. More Than Just an Investment Thus in addition to becoming...
Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings
29.3.2021
The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry...
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
1.3.2021
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than...
Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC
24.2.2021
Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to about 90,531. Its CEO explained that his company remains focused on its two corporate strategies of growing its enterprise analytics software business...
Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
17.2.2021
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult...
Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021
17.2.2021
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it
Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption – Eventually: Wedbush
16.2.2021
The firm called the leading cryptocurrency "the start of a new age on the digital currency front."
Corporate Crypto Makes Government Bans Less Likely
13.2.2021
A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation
Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter Already Considering
11.2.2021
Following Tesla’s move to invest $1.5 billion in bitcoin, analysts are predicting that a flood of other companies will follow suit. Mad Money’s Jim Cramer thinks that all companies should put bitcoin in their balance sheets, and Twitter reveals that it is already looking into doing...