Deloitte: Financial institutions to boost future blockchain spending

A representative from the company expects 2021 to be “a breakout year for blockchain.” Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in […]

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DoJ makes fintech giant sell Credit Karma’s tax wing to Square before $7.1B acquisition

Intuit, which also owns TurboTax, can’t hold all the keys to consumer tax software, the DoJ says. Per an announcement and series of filings on Wednesday, the United States Department of Justice is calling shenanigans on Intuit’s ambitions, at least in part. Intuit owns a stable of user-facing finance software, including budgeting app Mint, digital do-it-yourself […]

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‘BitcoinTuesday’ to become one of the largest-ever crypto donation events

BitcoinTuesday is aligning crypto awareness with public good in this one-day charity event. BitcoinTuesday, scheduled for Dec. 1, aims to become one of the largest cryptocurrency fundraisers in history.  The Giving Block, a crypto donations company, has secured partnerships with over 120 nonprofits and 30 blockchain companies to spearhead BitcoinTuesday — a one-day event that […]

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