Back in November 2020, KPMG, “a British-Dutch multinational professional services network, and one of the Big Four accounting organizations”, said in a research report that cryptoassets like Bitcoin were not suitable as “a store of value.” Now, KPMG in Canada says that it has added $BTC and $ETH to its […]

“Bitcoin goes from person A to person B and all the intermediary does, the company, connects the two. It is pretty appealing and you can imagine the long-term consequences here. If the people in charge in this country and in Canada wanna make the US dollar irrelevant, they’ll keep acting […]

Google Cloud has rolled out the newest layer of threat detection in Security Command Center (SCC) called the Virtual Machine Threat Detection (VMTD). This will help ensure strong protection as more and more organizations move to adopt cloud technologies. The tool is expected to be released over the next few […]

Rafael ‘Ted’ Cruz (R-TX) added more bitcoin to his personal portfolio during the recent price carnage. A new financial disclosure with the U.S. Senate on Feb. 4 shows that the Texas junior senator scooped between $15,000 and $50,000 on January 25. According to the filing, the purchase was executed via […]

Michael Sonnenshein, the CEO of crypto investment firm Grayscale Investments, the world’s largest digital currency asset manager, says that the creation of a digital dollar by America’s central bank would provide tailwinds for Bitcoin.  Speaking in a recent interview with CBNC’s “Squawk Box”, Sonnenshein claimed that Bitcoin and other cryptoassets […]

Customers of U.S.-based cryptocurrency exchange Coinbase can get their tax refunds automatically deposited into their Coinbase account as U.S. dollar if they file taxes online with Intuit’s tax preparation software TurboTax. Coinbase said it will deposit all incoming tax refunds without any fees. The refunds in U.S. dollars can then […]

Shares of Mercury Systems, Inc. (MRCY) are down more than 9% Wednesday morning after the company reported lesser-than-expected second-quarter results. The company’s third quarter, as well as full-year outlook also came in below view. The company reported net loss of $2.6 million, or $0.05 per share in the second quarter, […]

Shares of PayPal Holdings, Inc. (PYPL) are falling more than 25% in the morning trade on Wednesday after the company’s first-quarter as well as full-year earnings outlook fell short of analysts’ view. For the first quarter, the company expects revenue to grow nearly 6% on a spot and FXN basis, […]

In January, the price of most cryptocurrencies tumbled, with BTC dropping over 20% and ETH over 30% in a continued decline from all-time highs seen in November of last year.  Over the decline, Bitcoin’s share of total assets held in cryptocurrency investment products rose to 69.5%. According to CryptoCompare’s latest […]

Analysts at Morgan Stanley have, in a research note titled “State of the Bear Market,” downplayed bitcoin’s 50% correction from its all-time high seen in November as the figures show the drop was within historical norms. According to CoinDesk, the bank’s head of cryptocurrency research Sheena Shah pointed out that […]