By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ranked category — the number of DAAs at the end of Q3 was just over […]
Vaneck, a leading digital asset manager, has recently unveiled a study on the network Solana, providing a wide spectrum of SOL valuation scenarios for the year 2030. Authored by Patrick Bush, the senior investment analyst, of digital assets, and Matthew Sigel, the head of digital assets research, the report dives deep into Solana’s potential, presenting […]
During Q3 of 2023, there were a total of 117 hacks in which $ 720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($ 49.80 million) from rug-pull incidents are significantly lower than the $ 449 million lost …
New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give Way to Short-term Speculators A recent report by the onchain analytics firm Glassnode examines how bitcoin (BTC) changes hands between investors over […]
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosystem is inclusive, a CBDC might help tackle several challenges not dependent on the system itself. Bank of […]