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Ernst & Young
Sam Bankman-Fried's $250 Million Bond; EY Says it Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers
Former FTX CEO Sam Bankman-Fried is under house arrest after being released on a $250 million bond. Plus, Ernst & Young said it has "become aware" that bitcoin (BTC) that'd been sitting in QuadrigaCX's cold wallets has been moved elsewhere.
Ethereum Will Continue to Be Dominant in 2023: Paul Brody
Ernst & Young Principal and Global Innovation Leader Paul Brody is bullish on the outlook of Ethereum going into 2023. He predicts a shift towards industrial, instead of purely financial applications. Plus, he discusses the outlook for Nightfall, a joint collaboration between Polygon and EY.
Paul Brody on Crypto Outlook as Contagion Fears Linger
Ernst & Young Principal and Global Innovation Leader Paul Brody discusses his outlook for crypto's road ahead in 2023 and explains why he thinks there will be "no lessons learned" from this year's contagion. Plus, insights on the future of Ethereum and his upcoming production launch of Nightfall in partnership with Polygon.
"Ethereum Killers" Could Take Decades to Die Away: Paul Brody
Ernst & Young Principal Paul Brody discusses the outlook for Ethereum's challengers and DeFi at large amid an increasing ecosystem dominance of the Ethereum blockchain. "Even after the winner is clearly visible, the losers take a long time to die away ... it could go on for decades," Brody said.
Ethereum Has a Dominant and Unassailable Position: Paul Brody
"There's always challengers to Ethereum, but the number one challenger keeps changing," says Paul Brody, Ernst & Young Principal & Global Innovation Leader. "None of them seem to be able to cross the threshold of more than...15% market share before at some point imploding." Brody also shares his thesis on the future of Ethereum.
Paul Brody on the Rise and Fall of Terra Luna, Blockchain Use Cases and More
Ernst & Young’s (EY) Paul Brody shares insights into the collapse of Terra’s UST and LUNA, discussing the importance of investing in protocols with “institutional maturity.” Plus, EY has unveiled its supply chain manager built for the Polygon network aimed at solving bottlenecks in product traceability.
Will Banks Adapt to a DeFi Future?
CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.
Is 2022 the Year of Ethereum?
Global Innovation Leader at Ernst & Young Paul Brody discusses his CoinDesk article titled “2022 Is the Year of Ethereum,” offering insights into why Ethereum will become the dominant blockchain ecosystem. Brody explains how layer 2 solutions like Polygon resolve the issue of Ethereum’s gas fees and gives his perspective on competing projects like Solana and Cosmos.
EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs
The tool was built to address network congestion and rising transaction costs brought about by the growth of decentralized finance (DeFi).
EY, Quadriga Law Firm Warn of 'Imitation' Site
The imitation site is not authorized by EY and affected users have been advised to avoid at all costs.
