Cambridge University launches crypto research project with IMF and BIS
Some regulators were recently concerned about the alleged lack of consistent and transparent data on crypto markets. Go to Source Powered by WPeMatico
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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
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 … Read more
Survey: US consumers’ dissatisfied with Web2, limited knowledge of Web3
While Web3 narratives haven’t yet permeated public consciousness, there seems to be a strong foundation for future acceptance of the idea. Go to Source Powered by WPeMatico
Total stablecoin supply hits $180 billion: Report
Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5B over the past 30 days. Go to Source Powered by WPeMatico
A quarter of people will spend time in the Metaverse by 2026: Research
The report also estimated that 30% of the organizations in the world will have products and services in the Metaverse by 2026, with brands already gearing up to stake their claims in the digital world. Go to Source Powered by WPeMatico
Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
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. Go to Source Powered by WPeMatico
Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year
There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since January 1, 2021, jumping 4,230% in a year. Ethereum’s transaction fees were the most expensive at the end … Read more
Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November
The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, … Read more
‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
DeFi is one of crypto’s biggest growth stories, but it’s also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021. Go to Source Powered by WPeMatico
Pakistanis Own $20 Billion in Crypto, Report Reveals
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 … Read more