PwC Declares ‘Point of No Return’ in Institutional Cryptocurrency Adoption
The integration of digital assets by banks, asset managers, and large corporations is no longer an "optional or peripheral" process, according to the audit firm PwC.PwC, also known as PricewaterhouseCoopers, is a multinational professional services network.
PwC Declares ‘Point of No Return’ in Institutional Cryptocurrency Adoption
The integration of digital assets by banks, asset managers, and large corporations is no longer an "optional or peripheral" process, according to the audit firm PwC.
PwC: 25% of Companies Anticipate Layoffs Following AI Adoption
According to a PwC survey, more than half of companies have implemented AI or plan to do so, potentially leading to a reduction of at least 5% of their workforce. The IMF has also expressed concern over the technology’s impact on jobs, with about 40% of employees worldwide expected to feel the effects. Approximately 25% […]
PwC: In 2023, more than 40 countries regulated cryptocurrencies
In 2023, 42 countries worldwide implemented initiatives in the regulation of digital assets, according to a PwC report.
PwC notes rising hedge-fund confidence in cryptocurrencies
Hedge funds are confident in the value proposition and the long-term resilience of digital assets. PwC researchers arrived at these conclusions.
PwC reports nearly 5,000% jump in crypto M&A deal volume
In 2021, the volume of M&A deals in the crypto industry reached $55 billion, up from $1.1 billion a year earlier. The increase stood at 4846%, according to PwC's report.
The Sandbox token jumps about 9% after PwC Hong Kong buys land plot
The operator of NFT games Animoca Brands said that PwC Hong Kong bought a plot of virtual land on The Sandbox platform. The project's SAND token rose by almost 9% within an hour.
PwC notes consolidation of venture capital in the crypto industry
The rise in valuations of crypto startups has raised the barrier to participation in investment rounds for small investors. In an interview with Bloomberg, Henri Arslanian, a partner at PricewaterhouseCoopers (PwC), said.
PwC finds crypto funds showing growing interest in the DeFi sector
The assets under management (AUM) of crypto hedge funds rose in 2020 from $2 billion to $3.8 billion, and DeFi protocol tokens were widely distributed across portfolios. This is according to a PwC report.
PwC: Bahamas and Cambodia Lead CBDC Development Ahead of China
Bahamas and Cambodia lead CBDC development, ahead of China, according to PwC.
PwC: Crypto M&A volume rises to $1.1 billion
Aggregate M&A deal volume in 2020 more than doubled from the previous year, reaching $1.1 billion, Bloomberg reports, citing a PwC report.
Despite the pandemic and crisis, how the Bitcoin industry attracted investment in 2020
The cryptocurrency industry continues to grow and develop, despite the COVID-19 pandemic and the slowdown in activity in traditional sectors of the economy. This is evident, among other things, in venture-capital activity. ForkLog examined who funded whom in 2020, and, most importantly, for what purpose.We use cookies to improve the quality of our service.
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