PwC – DIGIT INFO

Report: The crypto custody market reached $448 billion in 2022

DIGIT — Tue, 11 Jul 2023 08:39:37 +0000

Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market.

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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas

DIGIT — Fri, 17 Feb 2023 08:30:02 +0000

PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies […]

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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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Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator

DIGIT — Tue, 15 Nov 2022 17:30:19 +0000

On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move […]

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PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

DIGIT — Sun, 04 Sep 2022 11:13:34 +0000

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing.

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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021

DIGIT — Sun, 07 Aug 2022 05:30:26 +0000

While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across 1,199 fundraising rounds surpasses all the funding blockchain startups and […]

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$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

DIGIT — Sun, 19 Jun 2022 12:00:32 +0000

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate […]

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PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End

DIGIT — Tue, 14 Jun 2022 01:30:02 +0000

Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global […]

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Despite bearish trend, hedge funds are dipping their toes in crypto: PwC

DIGIT — Wed, 08 Jun 2022 17:06:31 +0000

Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing.

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More than three-quarters of central banks considering a CBDC: research

DIGIT — Tue, 05 Apr 2022 03:04:43 +0000

The report by PwC shows that 80% of central banks are considering or have already launched a CBDC.

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