Search Results for "business growth"
PwC: Crypto M&A and Fundraising in Asia Reports Major Growth
PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.
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.
Nobel Laureate to speak at Asian Financial Forum Global business leaders view post-COVID Economy in January
17 December 2020 – In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) will be held virtually on 18 and 19 January 2021. Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategize the road to recovery and beyond with more than 150 influential global financial experts, policymakers, business leaders, economists, investors, and entrepreneurs.
US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth
The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
Wales Eyes Own Digital Currency for Speedy Business Transactions
Wales has set its eyes on creating a complementary digital currency. It has been speculated that it could enhance the nation’s economy by approximately £250m in the next ten years.
AIBC gets back to business with limited free early bird tickets
Malta AIBC Summit 2020 will take place November 18th – 19th, 2020 at the Malta Fairs and Conventions Centre in Ta’ Qali. Positioned at the cutting edge of a very competitive industry, the event has evolved since 2018 into one of the world’s leading events for blockchain and emerging tech, operating on both a European and world stage. In 2019, Malta AIBC Summit welcomed over 12,000 attendees from over 80 countries, and in 2020 this favourite in the global emerging technology event calendar is set to continue growing.
MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19
Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.
Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.
Startup Secret Santa – Bridging Startups, Mentors, VCs and Industry Experts
This Christmas, fintech, blockchain, and social impact startups have an opportunity to spur new growth, new thinking and new innovation for the year ahead with the help of free mentorship from experts and investors representing a wide range of relevant fields, including finance, business development, law, and R&D. Startup Secret Santa will pair 20 mentors with 20 chosen startups for two transformative days of pitching, discussion, and networking.
Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer
Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.
FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus
PayPal, Square and Intuit have received the government’s approval to take part in the US Small Business Administration’s (SBA) Paycheck Protection Program which was established in response to the COVID-19 pandemic triggered global financial crisis.
