New Study Reveals Best Stablecoin, Why DAI Took The Crown
Decentralized stablecoin DAI, native to Maker protocol, might become a major leader in the sector over the coming years. The digital asset
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Study
Despite Crypto Bear Market, Web3 Developers Are Still Building, Study Shows
A report from Web3 developer platform Alchemy shows that the number of smart contracts deployed on Ethereum has increased by 40% since the end of the first quarter, despite ether’s 60% plunge this year. Original Source
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EU Commission Launches Proposal for Study of Automated DeFi Supervision
The study is the latest in a series of moves in a regulatory push across the bloc. Source
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New Study Says BTC Outperformed Both S&P 500 and Nasdaq in September – Markets and Prices Bitcoin News
Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the worst performer after the long-awaited Merge proved to be a ‘buy the rumour, sell the news’ event.” Increased
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New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers – Metaverse Bitcoin News
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more than 70%
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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk
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Banks’ Crypto Asset Holdings May Be Just 0.01% of Total Risk Exposure, Basel Study Finds
The great majority of exposures are bitcoin and ether or instruments based on those two currencies, the study said. The figures are dominated by services banks provide for others, such as custody, clearing, and market making. Only a handful of banks are fully involved in directly holding or lending crypto. Source
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Crypto Mining Energy Implications Need Further Study, White House Report Says
In the report, among the first publicly available responses to U.S. President Joe Biden's executive order on cryptocurrencies, the office detailed its approach to the question of what sort of impact crypto mining has on the environment, including what the scale of the impact is and how different cryptocurrencies differ
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Which countries are the worst for crypto taxation? New study lists top five
Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents.In a new study by crypto analytics firm Coincub, Belgium is referred to as the worst country in the world in terms of crypto taxation for residents. That
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Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum – Bitcoin News
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that California captures 43% of the traffic
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