25.9 C
New York


Quantum Generation® announces a partnership with Plato Technologies and the Quantum Space Revolution.

(Raleigh, NC., July 2022 -) - Quantum Generation® is pleased to announce an orbital and terrestrial technology partnership with Plato Technologies. The partnership allows...

Top News

Two Big Four Firms KPMG and PwC Announce Exit from Russia

Continue reading at Coinspeaker

This Week in Coins: Bitcoin Reverses Rally as LUNA and NEAR Surge

Most prices fluctuated throughout the week, but were little changed after seven days.

MoonPay Lands $750K World of Women NFT in Christie’s Auction

Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AI
Digital currency payments startup, MoonPay has come off as the lucky winner of an auction for a World of Women (WoW) Non-Fungible Token (NFT) (Read More)

KPMG Canada buys an NFT after investing in crypto

KPMG in Canada announced that it has completed the purchase of a digital art NFT from the World of Women collection.

The post KPMG Canada buys an NFT after investing in crypto appeared first on CryptoSlate.

The Nightly Mint: Daily NFT Recap

Welcome to the Nightly Mint – a new content series from our team at NewsBTC that provides all the quick hits at the end of each day around all things NFT. Each weekday, we’re bringing you a daily NFT recap of the latest bites of action – spanning across news headlines, community chatter, and a closing “minty fresh” take that we’ll share each day to keep the curiosity cooking. The Nightly Mint New TIMEPieces Mint TIME Magazine has easily been the most aggressive traditional publication to get NFTs right. TIME dropped their latest ‘TIMEPieces’ launch today, raising funds for humanitarian relief efforts in Ukraine. Pixelmon Takes Heat Chatter around the NFT community today was aplenty surrounding the massive flop of Pixelmon, an NFT project that raised a staggering $70M, and promised a high-flying roadmap. It’s been a flop of epic proportions, quickly becoming a bit of the ‘flavor of the week’ laughingstock in the NFT space: Pixelmon had an art reveal so terrible, ‘Kevin’ is being labeled a historical NFT pic.twitter.com/A2ummGDypV — ThreadGuy.eth 💫 (@DiscoverXnft) February 28, 2022 Related Reading | Bitcoin Mining More Damaging To The Environment After China Ban, Study Says KPMG Canada is purchasing an NFT just a few short weeks after adding Bitcoin and Ethereum (ETH) to their portfolio. | Source: ETH-USD on TradingView.com KPMG Canada Buys ‘World Of Women’ NFT KPMG is one of the ‘big four’ accounting firms with operations that span across the globe. In an announcement today, the Canadian division at KPMG has purchased a ‘World of Women’ NFT as “part of it’s corporate strategy.” The floor price on WoW is currently around $25K. A Managing Partner of Advisory Services at KPMG Canada, Benjie Thomas, stated: “This acquisition reflects our belief not only in the continued growth of NFTs, but in the value of WoW and its mission. Having now gone through the process, we are well-positioned to guide our clients around building a corporate NFT strategy, including, acquiring and safeguarding NFTs.” Projects like WoW that stand for gender equity in a predominantly male environment are primed to be major players for institutions that desire purpose-driven NFT investments. The ‘Minty Fresh’ Take Today’s minty fresh take comes courtesy of @mikethreezy on Twitter: there is nothing about an NFT that is inherently related to art. NFTs are much broader, non-fungible things, and the kinds of things they represent irl will likely grow exponentially expecting ppl to have more interest in the art tokens is setting urself up for disappointment — mike three 🔻 (@mikethreezy) February 28, 2022 At NewsBTC and our sister network Bitcoinist, we’ve been covering all sorts of potential use cases for NFTs as we look ahead; don’t be surprised to see more and more projects that are less focused on strictly art, and more focused on utility. Related Reading | Bitcoin In Demand, Bulls Enjoy 9% Surge Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

KPMG Canada Purchases World of Women NFT

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media,...
Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AI

America’s oldest bank partners with Chainalysis to track crypto transactions

BNY Mellon, America’s oldest bank, announced that it has partnered with Chainalysis to integrate the latter’s compliance software suite with its multi-asset digital custody and administration platform.

The post America’s oldest bank partners with Chainalysis to track crypto transactions appeared first on CryptoSlate.

Dormant Ethereum Whale Moves Its $ETH After Registering 220,000% Gain

A dormant Ethereum ($ETH) whale has moved its funds for the first time since 2015, with the transaction sending the funds to an unknown wallet then split the funds into several other wallets, before moving to stake them ahead of the upcoming launch of Ethereum 2.0. The transaction was first spotted by whale monitoring service […]

Amber Crypto Trading Platform Valued $3B After Major Investment

The Amber crypto trading platform got valued at $3 billion after a major investment from Singaporean state-owned investment company Temasek Holdings as we read furhter in today’s latest cryptocurrency. Amber Group secured a $200 million investment that resulted in a 3x increase in the valuation since last summer. The crypto finance service provider Amber recorded […]

Singaporean Investment Helps Amber Valued at $3B

Singaporean Investment Helps Amber Valued at $3B

Temasek Holdings Limited, a Singaporean state investment corporation, was among the investors in a funding round that valued cryptocurrency trading platform Amber Group at US$3 billion (about RM12.55 billion), only weeks after the city-state tightened on crypto marketing firms. Existing shareholders such as Sequoia China, Pantera Capital, and Tiger Global Management also participated in the US$200 million fundraisings, according to a statement issued by Singapore-based Amber on February 22. The business, created in 2018 by five former Morgan Stanley traders in Hong Kong, has seen its worth treble since mid-2021. We are excited to announce our Series B+, which comes at a time of rapidly increasing crypto adoption globally. The investment reinforces Amber Group’s strategic alignment with its investors, as well as a shared vision of digital assets’ future in a new, digital economy. #wagmi pic.twitter.com/6EOHd1H8Gx — Amber Group (@ambergroup_io) February 22, 2022 Singapore is one of the hottest marketplaces countries in Asia for crypto start-ups. Temasek and its subsidiaries have made numerous investments in the field since last year. Amber’s Series B investment round, first announced in June, was extended particularly to bring Temasek onboard as an investor, according to CEO Michael Wu. Wu believes that Temasek is a strategic corporation, so Amber has been making special efforts to bring them onboard. Amber wants to use the funding to hire in Europe and America, and to extend the coverage of the mobile application that was introduced last year.  Steven Ji, Partner at Sequoia China, stated in the same statement, “Digital assets are becoming an increasingly important category to watch, especially for institutional investors.” Institutional and commercial investors, with the help of Amber Group, invest in cryptocurrency. To date, Amber Group’s cumulative trading volume could be more than $1 Trillion.  Wu claims that Amber might seek further funding rounds later this year in preparation for an initial public offering that would most likely take place by late 2023 in the United States.  The agreement comes after Singapore cracked down on speculative parts of cryptocurrency while still promoting institutional engagement. Central Bank warned corporations in January to significantly limit marketing to the general public, noting the risk of volatile digital tokens.  Singapore has been one of the region’s friendliest marketplaces to crypto investors. According to a recent KPMG report, the city-state would receive $1.48 billion in cryptocurrency investments in 2021. This is a tenfold increase from 2020. Senior executives, including Wu, have shifted to Singapore from Hong Kong in recent months, highlighting the city-rise state’s as a crypto industry powerhouse.  The wealthiest country in Southeastern Asia has noted the application of 180 companies to permit a regulated cryptocurrency company. However, as of January, only five firms have received in-principle approvals. Lastly, Amber refuses to comment on whether it has filed for a license or not.  Regulators have begun tightening down on the marketing practices used by certain crypto businesses, maybe in a small amount due to the increased crypto investing activity. Advertisements are not permitted to be put in public spaces such as public transit, internet, or print media, according to new guidelines released to marketers on January 17.

The post Singaporean Investment Helps Amber Valued at $3B appeared first on Cryptoknowmics-Crypto News and Media Platform.

Market highlights February 16: Bitcoin battles global uncertainty at $44K

Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AI

Events in Russia have dominated market sentiment. Prices pushed higher on optimism over the…

The post Market highlights February 16: Bitcoin battles global uncertainty at $44K appeared first on Coin Journal.

KPMG positive factors preliminary publicity to Bitcoin and Ether

KPMG Canada has allotted an undisclosed quantity of Bitcoin and Ether to its company steadiness sheet. The firm plans to make extra inroads into crypto belongings sooner or later. KPMG in Canada disclosed yesterday that it has added crypto belongings Bitcoin and Ether onto its steadiness sheet. The agency revealed that it employed the providers […]

The post KPMG positive factors preliminary publicity to Bitcoin and Ether appeared first on Bitcoin Upload.

Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AI

Recent articles