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Nalezeno "corporate": 295

Tesla earnings: Bitcoin bags untouched as firm splashes out on AI

19.10.2023
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development

Fidelity Digital Assets Become First Corporate Client to Leverage EY’s Blockchain Analyzer

18.10.2023
‘Big Four’ accounting behemoth Ernst & Young (EY) unveiled Tuesday that Fidelity Digital Assets, the digital asset arm of Fidelity Investments, has adopted EY’s latest blockchain analytic tool. Dubbed EY Blockchain Analyzer: Reconciler, the tool is available through EY Blockchain’s Software as...

Rise in Chinese Banks Issuing Digital Yuan Corporate Loans

11.10.2023
More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing options diversify. Per Nanhai Net (via Hainan News), the latest development has taken place on the island province of Hainan, in the city of Sanya.... Read...

FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

7.9.2023
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets

Gala Games founders biff over $130M theft, corporate waste allegations

4.9.2023
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions

Former FTX Co-CEO Ryan Salame to Plead the Fifth, Declares Himself ‘Unavailable as a Witness’

15.8.2023
U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations against SBF, Ryan Salame, FTX Digital Markets’...

Bitcoin centralized by corporate giants should not be feared – Michael Saylor

13.8.2023
During a recent podcast interview, Saylor explained that Bitcoin being bought and centralized by corporations should not be feared, and outlined three main reasons driving the need for custodians

Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments

12.8.2023
Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...

Digital Currency Group Strikes Back: Motion to Dismiss Gemini’s Lawsuit Filed

11.8.2023
Digital Currency Group (DCG) has filed a motion to dismiss the lawsuit brought against them by Gemini Trust Company, LLC. The motion, filed in the Southern District of New York, argues that Gemini’s allegations of fraudulent misrepresentations related to the Gemini Earn program are without...

Coinbase Launches $150 Million Corporate Bond Buyback Program- Crypto Bull Market Back?

9.8.2023
United States' largest digital asset exchange Coinbase has announced plans to buy back a portion of its corporate $1 billion debt. The repurchase plan will see the company buy up to $150 million of its bond which is expected to mature 2031 following positive earnings in the second quarter of...

Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors

30.7.2023
John E. Deaton believes the unequal treatment raises concerns about the regulatory body's effectiveness and fairness, as well as the overall framework for digital assets

World Business Outlook Awards 2023: The Biggest Corporate Event in Bangkok

26.7.2023
World Business Outlook proudly announces its biggest Annual event of the year, World Business Outlook Awards 2023. The Singapore-based media company is going to conduct its 3rd edition of the awards ceremony physically at Bangkok Marriott Marquis Queen’s Park in Thailand on November 25. Being...

Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers

9.7.2023
After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain individuals attribute this economic turmoil to...

FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report

28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...

Crypto Companies in Japan Get Tax Relief Under Revised Rules

26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...

Web3 Investments: The Perfect Hedge Against Disruption, Says Corporate VC

21.6.2023
Web3 investments are being touted as the perfect hedge against disruption in the tech industry, according to Martin El-Khouri, a senior director at venture capital firm Bertelsmann Investments. Despite the regulatory challenges and market downturn, investors are continuing to back new ventures...

Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100

30.5.2023
A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the crypto industry. FTX, a crypto exchange that has since gone out of business, has been ranked at the very bottom of the list...