Search Results for: Digital currency
EY announced global revenues of US$31.4b
September 6th, 2017
EY announces combined global revenues of US$31.4b for the financial year ended 30 June 2017. Overall, financial year (FY) 2017 revenue grew by 7.8% in local currency (versus FY16). All EY service lines delivered strong growth in FY17: Assurance ...
Russian govt wants to protect public from bitcoin trading as it resembles ‘financial pyramid’
August 30th, 2017
The Moscow Exchange is working on a mechanism to regulate trading in bitcoin and other digital currencies. At the same time, the Russian Finance Ministry says bitcoin resembles a pyramid scheme, and trading should be limited. “We are already ...
Deloitte records double-digit revenue growth
August 29th, 2017
Deloitte, the business advisory firm has issued today a press release to announce financial results for year ended 31 May 2017. According the press release announcement: Highlights Revenue up 11.2% to £3.4bn (2016: 13.6%)1 In the UK, double digit ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
Bitcoin sets fresh record above $3,500; ether trades higher
August 9th, 2017
Bitcoin traded higher on Tuesday, carving out a fresh record above $3,500 and reaching a market value approaching $60 billion at its best levels. A single bitcoin BTCUSD, -1.78% most recently was trading at $3,477.93, up 0.5%, touching an ...
WannaCry: hackers withdraw £108,000 of bitcoin ransom
August 7th, 2017
Digital wallets linked to ransomware attack that crippled NHS hospitals are cleaned out, as law enforcement tries to track owners More than £108,000 in bitcoin paid by victims of the WannaCry ransomware attack, which crippled parts of the NHS ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
BlackRock’s Top Economist Thinks Bitcoin and Ethereum Look Like a Bubble
July 12th, 2017
BlackRock, the $5 trillion asset manager, has not traditionally paid much attention to cryptocurrency platforms such as Bitcoin and Ethereum. Now that the prices of those blockchain-based currencies have risen exponentially in recent months, however, even BlackRock’s top economists ...
Increased Bitcoin Demand Puts a Strain on Global Exchanges
May 29th, 2017
May 25th was a hectic day in Bitcoin-land as trade volumes hit an all-time high of over $2.4 billion during the day. Many traders are making moves to accumulate profits by day trading or utilizing intra-range strategies. Although quite ...
XRP Liquidity to Increase With Listings on Six New Exchanges
May 22nd, 2017
Ripple, the only blockchain payments provider with proven commercial deployments, has announced today the expansion of its partnership with BitGo to list XRP on several leading digital asset exchanges: Bitso, Coinone, bitbank, and SCI’s BuyBitcoin. Additionally,AlphaPoint will be adding ...
