Industry News

Last week in crypto: Goldman Sachs raises $2 billion to buy crypto assets, half of all Bitcoin wallets hold between 0.0001 and 0.01 Bitcoin, KPMG announces $30m Web3 investment and Ethereum devs continue to delay merge.

A report by blockchain platform Chainanalysis on the state of Web3 has revealed the growth of NFT transaction activity has levelled off following the explosive growth seen in 2021.

Morocco has become the first country in North Africa to move toward a cryptocurrency regulation framework bill. 

Ethereum developers have again upgraded the network to push back the so-called difficulty bomb.

NYCB will be the first community bank to provide custody services for assets backing the USDC stablecoin

Saylor has a history of buying Bitcoin when the market is down and Bitcoin is considered to be undervalued.

Brazil’s largest digital bank, Nubank, has deployed Bitcoin buying capabilities to all its 53.9 million customers.

US accounting firm KPMG has taken its first steps into the metaverse with a $30 million investment in an employee training and collaboration hub that will connect employees, clients and others with Web3.

In an interview with CNBC’s Jim Cramer, SEC Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepared to publicly label a commodity.

This shows again that the majority of investors choose to invest in Bitcoin by stacking satoshis

The coin seems to riding a wave of positive investor sentiment following acquisition announcements by its creators

News: Investment bank Goldman Sachs has struck up a deal to buy up Celsius’ crypto assets in the event of bankruptcy