Fully integrating a stablecoin or central bank digital currency into the economy would destabilize banks but improve household welfare, a study released by a United States Treasury division has claimed. The harm to banking caused by digital currencies could be “significant” in times of stress, it found.The Office of Financial AdoptingBanksCBDCDestabilizeHouseholdsStudyTreasury Read More
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting AssetsBillionBitcoinBlockchainCryptocryptoexchangeCrystalExchangesNewsRevealsStolenStudy Read More
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management are BillionBitcoinBlockchainMarketNewsRetailSizeStudyTop Read More
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE.
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Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field BlockchainStudyTopUniversities Read More
The Bank of Canada has released a working paper that examines lending protocols in decentralized finance (DeFi) with regard to sources of instability and their relation to crypto asset prices. Its findings point to potential ways to optimize DeFi lending platforms, or possibly the practical limits of decentralization.The authors of BankCanadacuresDeFiExploredFragilityHighlyStudyTechnical Read More
Already a bull on MicroStrategy, Canaccord Genuity upped its price target on the stock to $400 from $372 following the news. "We believe the company's relatively conservative strategy of keeping most of its holdings unencumbered has been prudent," wrote analyst Joseph Vafi and team. "Institutional investors are continuing to work BitcoinCharlieHasntMichaelMicroStrategysMungerSaylorStudyTime Read More
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country.
Key Findings of Recap’s Study on Global Cryptocurrency Hubs
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While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or AffectedBitcoinCrisisCryptoEconomicsFindsindustryNewsStudySwitzerland Read More
Out of 8 billion people living on the planet, only 43 million people own Bitcoin — which amounts to less than 1% of the population.
Despite the success of the cryptocurrency, a minuscule number of the world’s current inhabitants holds ownership of Bitcoin, according to CoinMarketCap.
Are there specific reasons why CryptoGloballyMillionShowsStudy Read More