Deloitte integrates blockchain for digital credentials
The credential wallet will be provided as a browser extension and customers will be able to set it up without any prior knowledge of blockchain. Go to Source Powered by WPeMatico
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Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies … Read more
Big Four Company KPMG to Examine New Business Models in the Metaverse
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four … Read more
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events surrounding FTX, the Bahamas regulator recognized that it had to “move … Read more
Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte
El Corte Ingles, one of the biggest retailers and distributors in Spain, has taken its first step into the cryptocurrency world. The company is reportedly launching its own cryptocurrency exchange for customers of its stores. The firm has enrolled the help of Deloitte to build a new platform that will allow its customers to access … Read more
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
ETH price may have bottomed in January following its sharpest rebound to date in a bear market. Go to Source Powered by WPeMatico
Accounting Firm PWC’s Hong Kong Branch Purchases Land in The Sandbox Metaverse
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse While land located next to Snoop Dogg’s Sandbox plot has sold … Read more
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.” Deloitte to Utilize Avalanche Protocol to … Read more
KPMG Introduces Cryptocurrency Management Platform
KPMG has launched a cryptocurrency management platform designed to accelerate institutional crypto adoption. KPMG’s patent-pending tool aims to bridge traditional data and crypto systems, integrating key use cases of cryptocurrency, including custody, wallets, and anti-money laundering (AML) transaction monitoring. KPMG’s Crypto Suite KPMG LLP announced on Monday that it has launched a “New platform [that] … Read more
