Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why

KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet.  The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...

KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury – Featured Bitcoin News

KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional ado...

Accounting giant KPMG adds Bitcoin and Ether to its balance sheet

Accounting and advisory giant KPMG in Canada has completed an allocation of crypto assets to its corporate treasury, the firm’s first direct investment in crypto assets. The investment “reflects the f...

Polygon Joins Arms Race To Become ‘The AWS Of Web 3’ With $450 Million In Fresh Funding

Polygon co-founder Sandeep Nailwal Polygon Ethereum scaling and infrastructure development platform Polygon has raised $450 million in its first major financing round led by Sequoia Capital India. Mor...

Interview With Ether Capital On Their Bet In Ethereum 2.0 And Staking As A Mechanism To Drive Crypto Adoption

Last year, Bitcoinist reported a $50 million stake in Ethereum’s Beacon Chain from Ether Capital, a publicly-traded company in Canada highly bullish on the Proof-of-Stake iteration of this cryptocurre...

Ether Continues To Trump World’s Top Corporations Amid Fierce Competition From Cardano, Solana, Polkadot ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ethereum’s market cap sits at $360.37 billion which is larger than the valuation of top brands in the world. Since launch, the asset has played secon...

Polkadot, Cardano, Solana Forerun Bitcoin, Ether As Crypto Assets With Least Carbon Footprints ⋆ ZyCrypto

Advertisement &nbsp &nbsp With the debate on the energy consumption of various crypto blockchains raging on, a new report now shows how various top blockchain networks relate ...

How This Defi Project Just Lost $320 Million In Ether?

Wormhole, a connection between Solana and other popular blockchains, was defrauded of $320 in wrapped Ethereum (wETH). This was the second-largest attack in the history of the decentralized concern ab...

Why NFTs Took Over Crypto Trading Volume While Ether Struggled

The NFTs market had one of its best months yet in January with a record trading volume of $6 billion while cryptocurrencies like Bitcoin and Ether plunged dramatically over the investors’ fear of the ...

Singing Icon John Legend Set To Launch Own Music NFT Platform

Twelve time Grammy-winning artist John Legend becomes the next celebrity to get involved with NFTs , co-founding the music and art NFT platform, OurSong. Officially marketed as “social commerce platfo...

Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether

Kraken on Thursday announced the results of a proof-of-reserves audit showing the crypto exchange held $19 billion in bitcoin and ether. Other crypto assets were not included in the audit. Armanino co...

Here’s How DeFi Project Lost $320 Million Worth of Ether

Contents An expensive bug A prescient warning? Wormhole, a bridge that links Solana with other popular blockchains, has been robbed of $320 million worth of wrapped Ethereum (wETH), suffering the seco...

Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary

T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibili...

Michael Saylor’s MicroStrategy Splashes Another $25 Million on Bitcoin

Leading business intelligence and software company MicroStrategy recently acquired an additional 660 bitcoins between the periods of December 30th 2021 and January 30th 2022. Per the Tuesday announcem...

Solana Labs Debuts New Crypto Payments Infrastructure Solana Pay

Solana Labs, the technology company working to help advance the Solana ecosystem, has recently announced the launch of a new payment infrastructure designed to allow merchants to accept crypto payment...

Top Five Cryptocurrencies to Watch This Week: BTC, AVAX, MATIC, FTM, MANA.

The past week has seen the crypto market experience relative stability with more hikes. The industry was worth $1.61 trillion at the start of the seven-day period but is valued at $1.66 at the end. Th...

Gemini Becomes Lead Sponsor of Peter McCormack’s Real Bedford FC

New York-based crypto exchange Gemini recently announced that it has entered a sponsorship deal with Real Bedford FC, the English football club owned by popular bitcoin investor and podcast host, Pete...

Bitcoin Holds Above $38K and Ether Above $2.5K, Here’s what can Fuel Prices Further.

After a strong bloodbath earlier this month, Bitcoin and the overall crypto market are showing up some strength as of now. Over the last few hours, Bitcoin has regained its position above $38,000 leve...

Solana-based dApps Soar in Usage as Network Recovers

Decentralized applications (dApps) built on the Solana network have recently witnessed a massive surge in daily transactions, with the Pyth oracle network hitting over $37 million daily transactions. ...

Hackers Drain Over $80 Million From Qubit Finance 

Binance Smart Chain-based lending protocol, Qubit Finance, has lost over $80 million worth of crypto assets to hackers, according to a discovery by blockchain security firm, Peckshield. “It seems the ...

Google Pay Could Be the Next to Offer Support for Bitcoin, Ether, other Cryptocurrencies

Google Pay, the highly successful payments app of Google is reportedly mulling entering the crypto trading space. Google Pay to Offer Bitcoin, Ethereum? According to a report by HT Tech published on J...

Binance Exec Says Russia’s Crypto Decision is Crucial to Regional Expansion Plans

Binance hopes for a progressive regulatory approach from Russia on crypto as it will be a determinant of the company’s business expansion plans in the country. According to a Reuters report on Thursda...

ARK: Bitcoin Price to Hit $1 Million, Ether to Reach $20T Market Cap by 2030

ARK Invest has predicted via its Big Ideas 2022 Annual Research Report, that the increasing adoption and uses cases of bitcoin (BTC), ether (ETH), and other cryptoassets could push the industry’s equi...

Bitcoin, Ether, Cardano See Solid Bases To Build On As Rapid Inflation Rattles Markets ⋆ ZyCrypto

Advertisement &nbsp &nbsp Cryptocurrencies and “Crypto Dollars” are no longer a passing fad as the narrative has been for the past 3 or so years, with the US Dollar increasing...

Financial Records Show Tesla Still Holds $1.26B Worth of Bitcoin

Electric car manufacturer, Tesla, revealed that it has made no changes to its total bitcoin holding from the end of the last quarter of 2021. In a Q4 earnings report published on Wednesday, the compan...

Crypto Firms Gemini, Celsius & Voyager Under SEC Probe for Offering Lending Services

As part of an investigation into companies that pay interest on virtual token deposits, the U.S. Securities and Exchange Commission (SEC) is scrutinizing crypto lending firms Gemini Trust Co, Celsius ...

Axie Infinity Finally Launches $RON Token for Gaming-focused Blockchain

Popular Ethereum-based play-to-earn game, Axie Infinity, has recently announced the launch of the highly anticipated RON token. RON is the native token of its sidechain, Ronin. In an official announce...

Sports Fans Bemoan Losses as Crypto Fan Engagement Platform Iqoniq Liquidates

Iqoniq Crypto Company, one of the largest cryptocurrency-based fan engagement platforms, has gone into liquidation, leaving a majority of sporting organizations and sports supporters in big losses, ac...

Canada Can Dominate “Widely Exciting” Crypto Space

Michael Katchen, CEO of Canadian online investment management services company Wealthsimple, recently stated that Canada has what it takes to dominate the crypto space. Describing blockchain technolog...

Capitrade Launchpad Aims to Be the Pioneer of Luna Based Decentralized Fundraising Platform

Capitrade Launchpad operation level and mechanism ensures that every tier level gets allocated. Capitrade Ventures has built excellent ties with influencers and marketing partners, resulting in a cons...

Russia’s Putin Calls for Unity Over Crypto Regulation Dispute

With Russian authorities having diverse views about the threats and opportunities associated with cryptocurrencies, president Vladimir Putin has called on the parties to reach a consensus regarding th...

Bitcoin and Ether Market Update January 27, 2022

Total crypto market cap added $116 billion to its value for the period since Monday and now stands at $1.64 trillion. The top ten coins are all in red for the last 24 hours with Solana (SOL) and Terra...