• KPMG Chain Fusion launches
    Cryptocurrencies,  Technology

    KPMG Chain Fusion launches, helping blockchains ‘talk’ to legacy bank systems

    It is hoped that the data standardization tool will allow traditional financial systems to communicate more effectively with blockchain protocols

    The audit, tax and advisory giant KPMG has launched a service designed to connect the systems used by banks and fintech firms with those relied on by cryptocurrency and digital asset platforms.

  • Galaxy Digital Bakkt join forces
    Bitcoin

    Galaxy Digital, Bakkt woo big investors

    The partnership will provide a one-stop solution for institutional investors and asset managers looking for a safe way to buy, trade, and store bitcoin

    The two New York-based firms will collaborate to offer clients looking to invest in physical bitcoin “the same caliber of market knowledge and trade execution expertise in BTC as they would expect from any established traditional finance desk,” said Tim Plakas, head of sales at Galaxy Digital Trading,

  • Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • Loeffler made $3.5 million at Bakkt
    Politics

    Sen. Kelly Loeffler made $3.5 million at Bakkt

    Financial disclosure forms show she’s divested millions in stock after insider trading allegations. But it doesn’t seem to be helping the Georgia Republican in the November special election to keep her appointed seat, which she’s losing badly

    Thanks to Senate financial disclosure forms filed on May 1, we know a great deal about the cryptocurrency options and futures platform leader’s wealth, including the fact that she and her husband have been selling off investments at a furious pace.

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