IBM Looks to Disrupt Scientific Research on the Blockchain

IBM Looks to Disrupt Scientific Research on the Blockchain

Advertisement Twitter Facebook LinkedIn The use cases for distributed ledger technology are on the rise, as evidenced by IBM’s most recent patent application for open scientific research on the blockchain. The tech giant envisions a system in which a blockchain represents an experiment with individual blocks comprised of project components including research data, data analysis…

Cryptocurrency Exchange Giant Binance Launches Research Division

Cryptocurrency Exchange Giant Binance Launches Research Division

Advertisement Twitter Facebook LinkedIn Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance…

Bitcoin Mining Consumes Over 3X the Energy of Gold Mining: Research

Bitcoin Mining Consumes Over 3X the Energy of Gold Mining: Research

Advertisement Twitter Facebook LinkedIn A new paper indicates that the energy required to mine cryptocurrencies is more than what is consumed when excavating for metals of equivalent dollar value. In the paper which was published on November 5 by the Nature journal, researchers at the Cincinnati, Ohio-based Oak Ridge Institute noted that bitcoin consumes more…

Bitcoin Price Not Correlated to Futures Expiration Dates: Research

Bitcoin Price Not Correlated to Futures Expiration Dates: Research

Advertisement The common idea that the bitcoin price drops just before the cryptocurrency futures contracts expire has no solid basis, a new study published by Cindicator suggests. The report, titled Bitcoin Futures: Market Evolution, studied bitcoin volumes on futures and spot cryptocurrency exchanges to get an idea about the liquidity and development of the holistic trading…

Cryptocurrency Market Sentiment is Looking up: Huobi Research

Cryptocurrency Market Sentiment is Looking up: Huobi Research

Advertisement Bitcoin’s recent sell-off notwithstanding, cryptocurrency investors are beginning to grow more optimistic about the market’s short-term direction. That’s according to the latest Market Sentiment Index Report from Huobi Research, which identified a slight uptick in investor optimism over the previous month. Released on Friday, the September report is based on from survey data compiled…

Bitcoin Whales are Stabilizing the Market, Not Crashing it: Research

Bitcoin Whales are Stabilizing the Market, Not Crashing it: Research

Advertisement New data from Chainalysis has revealed that bitcoin whales are a surprisingly heterogeneous group of coin holders who might be doing more good than harm to the market. Investors have long been wary of a market situation where a few whales can exert overwhelming control over the asset price, fuelled in part by reports suggesting that whales…

ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research

ICOs Aren’t Cashing Out Their Cryptocurrency Warchests [Yet]: Research

Advertisement When the ethereum price crashed by nearly 50 percent during the first two weeks of August, some analysts speculated that last year’s initial coin offering (ICO) boom was to blame for the second-largest cryptocurrency’s decline. During 2017 and early 2018, cryptocurrency startups raised billions of dollars through ICOs, funds which were predominantly denominated in…

Bitmain Losing Money But Still Has ‘Legendary’ Potential: Research

Bitmain Losing Money But Still Has ‘Legendary’ Potential: Research

Advertisement Poor business decisions and a prolonged bear market may have knocked it off its pedestal, but the world’s most valuable cryptocurrency is going to be alright. That’s according to a new report from BitMEX Research, which aims to provide a sober analysis on bitcoin mining giant Bitmain’s planned initial public offering (IPO), which will…

ICO Exit Scams Have Stolen Nearly $100 Million: Research

ICO Exit Scams Have Stolen Nearly $100 Million: Research

Advertisement The cryptocurrency industry may be maturing, but that doesn’t mean it’s likely to shed its reputation as a playground for scam artists anytime soon. That’s according to a report from Diar, which found that ICO exit scams have now cost investors nearly $100 million. The majority of these stolen funds, an estimated $68 million,…