When Silicon Valley first started buzzing with the news of Facebook developing a cryptocurrency, the tech world was surprised — to put it mildly. After all, Facebook's CEO Mark Zuckerberg had just undergone one of the most painful tests of his life, being criticized by the American public for…
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99Crypto
New Exchange-Traded Cryptocurrency Investment to Launch on SIX Swiss Exchange
Even though digital currency trading volume in Switzerland is not as heavy as in the United States, the European nation is far more advanced in terms of blockchain development and acceptance by financial regulators. According to a press release recently published by Bitwise, a financial technology firm based in San…
Two European Political Parties Come Together to Use Blockchain Services
On June 25, it was reported that both the Christian Democratic Union of Germany (CDU) and the Christian Social Union in Bavaria (CSU) would like to use blockchain technologies in public service projects throughout the country. The two political parties, which have formed a center-right alliance, issued a joint announcement…
AICPA Proposes a Set of New Standards for Auditing Bitcoin
AICPA, or the American Institute of Certified Public Accountants, recently released a proposal for a new set of standards around the auditing of evidence for cases. In particular, this new set of AICPA guidelines is around making accommodations for data from blockchain transactions. This proposal was released in a trade…
Digital Currency Terms You Need to Know: Sharding
In the world of digital currency, there are a lot of unique terms that outsiders or new investors might not understand. Sharding is one of those terms. Sharding refers to a type of database partitioning. It is also called horizontal partitioning. It works by breaking up a large database into…
Auditing of Cryptocurrency Firms Is a Key Strategy for Accuracy
This week, PwC, which is one of the 4 largest accounting companies in the world, announced the launch of their own cryptocurrency auditing software product. Released as part of the company's Halo auditing suite, the software supports organizations that engage in digital currency transactions. It not only establishes…