In the cutting-edge era of digitalization, crypto, and blockchain have emerged as a dramatic change in the fintech world and have reshaped people’s ideas. In a short time, the futuristic niche has gained much popularity worldwide and grabbed the attention…
Goldman Sachs’ Blockchain Revolution with New Patent: Pioneering Financial Innovation
Unraveling the Key Aspects of Goldman Sachs’ Blockchain Patent and Its Potential to Transform the Financial Industry Goldman Sachs, a renowned global investment banking and financial services giant, has recently been granted a patent (US 11, 605, 143 2B) that…
Goldman Sachs adds Bitcoin asset class after reasoning out ‘Bitcoin is not an asset class’ last year
Cryptocurrencies and the underlying blockchain technology are gaining high level of acceptance among more mainstream institutions and investors. As institutional investment on cryptos rise rapidly, significant pressure is building on Wall Street Banks to accept Bitcoin (BTC) as a legitimate asset class.…
Goldman Sachs Seek Executive to help Launch “unprecedented projects”
Leading global investment banking, securities and investment management giant, Goldman Sachs, have listed a job opening for a project manager of their digital asset team. The New York based investment firm that just recently saw a change in its top…
Former Goldman Sachs engineers raise $3 million to tackle crypto-related manipulation
A US-based trade surveillance startup has raised approximately $3 million in seed funding to help combat crypto manipulation and its related effect in the space. While announcing the development on Wednesday, the startup dubbed Solidus Labs said it intends to…
Former Goldman Sachs partner, believes Bitcoin will be Gold’s Digital Equivalent
Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…
The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis
It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted…
Goldman Sachs Lists Cryptocurrencies as a Business Risk
America’s financial services Goldman Sachs admitted that cryptocurrencies and the blockchain pose a significant business risk to the overall business strategy. This follows the last week’s declaration by Bank of America, which stated that cryptocurrencies are a threat to its…
The Big Crypto Acquisition: Wall Street Backed-Circle Acquires Cryptocurrency Exchange Poloniex
Author – Sam Fintech startup Circle Internet Financial Ltd reported it acquired Cryptocurrency Exchange Poloniex the 14th largest crypto exchange by 24 hours trade volume. The acquisition makes it a close rival for the Coinbase one of the largest crypto…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
