• Secure crypto custody isn’t enough
    Cryptocurrencies,  Technology

    Secure crypto custody isn’t enough: KPMG

    With $9.8 billion stolen in the past three years, big institutional investors need security, but not at the expense of making digital assets easy to use

    Institutional investors are eager to invest in cryptocurrency and other digital assets, but won’t until they’re sure those assets can be safely secured and moved in the same way cash, stocks, and bonds are.

  • KPMG Pulse Fintech blockchain 2019
    Cryptocurrencies

    KPMG: Fintech boom but blockchain bust in 2019

    Despite 30% fewer deals than 2018, the auditing and advisory firm predicts blockchain will ‘remain robust well into 2020’

    Despite an overall blockbuster year for Fintech, there was a blockchain bust, with investment falling substantially in 2019, according to KPMG. Global private investment in blockchain and cryptocurrency dropped from $6.3 billion in 2018 to $4.7 billion last year.

  • Christie 's
    Innovators

    Art on the block: Christie’s big bet on blockchain

    Financial innovation unlocks gig economy for artists

    Last month in New York City, legendary auction house, Christie’s, set a world record by fetching $323.1 million for the Ebswoth Collection of works by American Modernists masters Edward Hopper, Willem de Kooning, Jackson Pollack, Georgia O’Keeffe, Alexander Calder, Joseph Stella, Charles Demuth, Charles Sheeler, and others. Not only did the auction shatter records for the highest prices ever secured for a collection as well as for 13 individual artists, but it also was the first art sale of this magnitude recorded on the blockchain. Partnering with Artory, a blockchain-based registry that tracks provenance for art and collectibles, Christie’s is leading the way in bringing mass adoption of the blockchain…