Search Results for "accounting"
KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability
KPMG has unveiled a blockchain capability dubbed Climate Accounting Infrastructure (CAI) to help firms measure, report, and offset their greenhouse gas emission.
CoreWeave Appoints Jeff Baker as New Chief Accounting Officer
CoreWeave announces Jeff Baker as Chief Accounting Officer, bringing over 20 years of experience to the AI hyperscaler.
Binance Accounting Vulnerability Led to Uneven Distribution of About $20M HNT
The Helium Foundation says a bug in Binance’s accounting system caused users to mistakenly receive around $20 million worth of HNT token.
Accounting Firm Wolf & Company Pairs with Bitpay to Accept Crypto Payments
Leading regional CPA firm providing insightful financial accounting and audit services Wolf & Company partners with cryptocurrency payment processor BitPay to accept cryptocurrency payments
EY Blockchain Analyzer Adds Explorer & Visualizer Solution to OnChain Data Investigator
Big-four accounting and auditing firm Ernst & Young has enhanced its blockchain analytics tool, the Explorer & Visualizer solution to investigate on-chain data
Big Investors Are Fueling Bitcoin’s Record-Breaking Rally, According to PWC
Big four accounting firm PWC has acknowledged that big investors are driving the Bitcoin (BTC) price based on their overwhelming appetite for the leading cryptocurrency.
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding
The Dubai economy has gone live on the UAE KYC (Know-Your-Customer) blockchain platform making instant bank accounting functionality, secure digital customer onboarding, and sharing of verified data between financial institutions and licensing authorities possible.
KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security
One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain
The Belt and Road Initiative (BRI) seeks to improve trade connectivity by upgrading transport infrastructure across much of Eurasia. The undertaking spans a massive geographic area covering as many as 63 countries, accounting for sixty percent of the world’s population and thirty percent of global GDP.
AICPA Publishes a Practice Aid for Digital Assets
The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem as it has availed a practice aid to help in crypto accountancy. The practice aid is founded on professional experience and literature from members of the Digital Assets Working Group.