Blockchain games and metaverse projects raised $1.3B in Q3: DappRadar
The blockchain gaming sector remains active in terms of adoption and venture capital firms have taken notice, according to industry data. Go to Source Powered by WPeMatico
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Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes. Go to Source Powered by WPeMatico
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. Go to Source Powered by WPeMatico
DAOs are in era 3.0 thanks to an infrastructure renaissance: Report
There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. Go to Source Powered by WPeMatico
Australia Issues White Paper for Central Bank Digital Currency
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) … Read more
Blockchain firms fund university research hubs to advance growth
Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. Go to Source Powered by WPeMatico
Top 10 most Googled questions about cryptocurrency and its implication
The top 10 Google searches related to cryptocurrencies uncover an increase in curiosity among general investors — represented by two ‘Why’s, three ‘What’s and five ‘How’s. Go to Source Powered by WPeMatico
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane
Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research. Go to Source Powered by WPeMatico
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts say, however, that Russia has the spare capacities to satisfy … Read more
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital Currency Program The Reserve Bank of Australia (RBA) announced the launch … Read more
