EY said it chose Ethereum instead of a private network as it is cheaper, more confidential and prevents a party from gaining a “strategic advantage” over another.
Business News
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Thanks to the ICO busts of 2018 and the SEC's newfound attention for a raft of altcoins, scrutiny of new projects has become much higher than in the past.
660The centralized app reached 10 million verified accounts while critics contend it doesn’t benefit users.
3300CEO Jeffrey Edell laid out a six-point plan for social media companies planning the transition to blockchain.
480Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.
760Austin Federa, head of strategy at the Solana Foundation, addresses concerns around the latest network outages in an exclusive interview with Cointelegraph.
1806Now that the well-anticipated event is over, some industry experts have turned to warning signals for the road ahead.
4058GBTC, the biggest spot Bitcoin ETF, has “halved” since the trading launch in January, but rivals like BlackRock’s IBIT have added more than 10,000%.
6257The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.
1089Hardhat Chad clarified that he isn’t looking for funds from the foundation; his goal for Ore is to establish a currency, not develop testnet tools.
2467Blockware Solutions analyst Mitchell Askew says fears around post-halving Bitcoin mining profitability are baseless as crypto miner stock prices have tumbled.
6302Over 2,000 United States ETFs see no inflows on any given day — something that’s “very normal,” says ETF analyst James Seyffart.
5833The venture firm is putting $600 million of its billions into a new gaming fund — which includes Web3, GameFi and AI-integrated gaming projects.
2852Kris Marszalek reportedly said Crypto.com planned to “slowly, thoughtfully, and strategically” add new staff members as part of plans to increase the exchange’s registered users.
3423Eleven member organizations are taking part in the experiment focusing on the United Kingdom's RLN.
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