Tag: research

While cryptocurrency enthusiasts strongly believe that digital currencies are one of the best creations of man since the beginning of time, critics of the burgeoning sector have not ceased condemning bitcoin and the altcoins for their serious scalability issues. Now, Arizona State University (ASU), in collaboration with Dash, have published the research result on blockchain scalability, using the Dash blockchain…

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Citing data harvested by Autonomous Research, a financial research company, Bloomberg reported on August 2, 2018, that ICOs attracted a record $12 billion in the first half of 2018. That is approximately twice the corresponding figure from all of 2017  considering the data provided by Autonomous Research only includes ICOs which raised more than $1 million. Big Numbers, Questionable Improvement Interestingly, this…

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The rising threat of frauds and blatant exit-scams from ICO firms and token issuers is set to slow down in the months to come, as several cryptocurrency-centric security firms have set up shop to fight against the nuisance, reported Business Korea on July 30, 2018. Cryptocurrency Trading Sector Analysts from the private equity and security sector are increasingly joining or…

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A report by the prestigious university Imperial College London has said that cryptocurrencies like bitcoin and ether have already fulfilled one of three primary criteria of money and the former has the potential to upend the nature of financial systems. Digital Assets are Already a Store of Value According to professor Knottenbelt, for an asset to be considered as money, it…

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A study has revealed the possibility of a hidden group of users in the Bitcoin network control a majority of the digital asset. This closed group also completes most of the transactions in the network. Past studies have also highlighted the majority holdings of the digital currency lie in the hands of a few people. Bitcoin Run by an Oligarchy? Bitcoin is…

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High Net Worth Individuals (HNWIs) have expressed significant interest in cryptocurrency investments. These individuals, however, would like more information on the emerging industry from their wealth managers as 25 percent receive most of their investment information from their wealth managers. Research: HNIs Keen on Cryptocurrencies According to Capgemini 2018 World Wealth Report, HNWIs were defined as people who had at least…

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 A report by The Irish Times  on June 11, 2018, suggested a 300 percent increase in the number of Irish citizens owning a cryptocurrency in 2018, compared to 2014 statistics. Irish Citizens “Curious” About Cryptocurrencies The study suggested that over 120,000 citizens are officially holding bitcoins or altcoins, in addition to over 180,000 people who “have at some stage” purchased…

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Research shows the first six months of 2018 experienced an increase in women considering cryptocurrency investments, from 6 percent to 13 percent. Females are Financially Informed While demand and interest in cryptocurrencies have fallen over the year, cryptocurrencies have gained more popularity with women. Approximately 20 percent of female millennials are now keen to invest in cryptocurrencies. There was however…

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The monumental rise of Initial Coin Offerings (ICOs) as a form of fundraising in 2017 was undoubtedly impressive, with industry observers expressing both criticism and acknowledgment of the process.  Now, the method has been studied in detail by academics, who sought to point out the technique’s incredible success rate in proportion to Twitter metrics. Twitter Followers and ICO Returns According…

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While the ICO market is showing no signs of slowing down, a study by an Amsterdam-based company that specializes in rating ICOs, ICO Rating, has highlighted that a total of 412 projects raised a whopping $3.3 billion in the first quarter of 2018 alone. This figure represents a five percent increase over the capital raised in the last quarter in…

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