EY – DIGIT INFO

Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar

DIGIT — Sat, 13 May 2023 17:19:58 +0000

EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice […]

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$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’

DIGIT — Wed, 21 Dec 2022 19:00:33 +0000

On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible […]

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Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says

DIGIT — Sat, 26 Nov 2022 05:30:21 +0000

EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with more severity.” EY’s Brody on Crypto Winter Paul […]

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Latam Based Cryptocurrency Exchange Ripio Expands to US

DIGIT — Fri, 25 Nov 2022 07:30:27 +0000

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US […]

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Big Four Company KPMG to Examine New Business Models in the Metaverse

DIGIT — Fri, 18 Nov 2022 23:30:55 +0000

KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four […]

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Big Four Company EY Takes Wavespace Utility to the Metaverse

DIGIT — Tue, 01 Nov 2022 11:30:12 +0000

EY, one of the “big four” accounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences, allowing customers to interact in VR environments. EY Steps Into the Creative Metaverse EY, […]

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Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks

DIGIT — Wed, 02 Mar 2022 15:30:31 +0000

On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly launched collaborative effort involves 16 financial institutions such as the Bank for International Settlements (BIS), Accenture, EY, Goldman Sachs, and more. CCAF Launches 2-Year Research […]

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EY Survey Finds 1 in 4 Hedge Funds to Increase Crypto Exposure Next Year

DIGIT — Thu, 25 Nov 2021 08:30:14 +0000

EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with […]

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EY selects Polygon to scale its enterprise blockchain products on Ethereum

DIGIT — Tue, 14 Sep 2021 05:35:13 +0000

EY is integrating its blockchain products with Polygon to mitigate the high fees and congestion associated with transacting on Ethereum mainnet for its enterprise clients.

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Nifty News: NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act

DIGIT — Thu, 05 Aug 2021 05:19:50 +0000

NFTs have been streamed from and to the International Space Station, Unifty decentralizes its governance, and 342 CryptoPunks may be lost forever.

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