Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a…
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While Web3 narratives haven’t yet permeated public consciousness, there seems to be a strong foundation for future acceptance of the idea. Findings from an online survey of 1,500 United States-based consumers reveal people’s deep concerns over privacy and tech platforms’ outsize power while suggesting that Web3 is yet to become a household term. The study…
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Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5 billion over the past 30 days. Move aside Bitcoin (BTC), stablecoins are holding the spotlight. Crypto research outlets Arcane Research and CryptoRank confirm that the stablecoin supply has hit the milestone amount of…
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The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform. Theoretical research into a Central Bank Digital Currency (CBDC) in the U.S. has found that distributed ledger architecture has “downsides.” The Federal Reserve Bank of…
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In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation…
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Bitcoin’s “one percent” reportedly controls a greater share of BTC than the richest U.S. households control in dollars. Less than 1% of the biggest Bitcoin (BTC) hodlers are allegedly controlling more than a quarter of all BTC in circulation, according to a new study. The National Bureau of Economic Research, an American private nonprofit research…
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The amount of respondents who said they would be more likely to invest their money in crypto than traditional stocks increased 140% in just five months. New research by consumer data aggregator CivicScience has found that a growing number of investors are selling their shares to purchase more crypto. The research questions were sent to…
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In a year with rising crypto prices, online chatter devoted to cryptocurrencies has increased significantly. Research carried out on Russian social media has identified the most talked about coins and it’s not just bitcoin on people’s minds. Experts List Most Mentioned Cryptos on Russian Social Media Brand Analytics, a company specializing in media monitoring in…
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Half of all users who provide liquidity on the third version of the decentralized exchange Uniswap are seeing lower returns than they would have if they simply held tokens in their own wallet, a new study claims…. Read More: Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims Read more »Pay, Trade, Buy Bitcoin…
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Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027.…
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