Study Finds Less Than 40% of BTC Addresses Are Economically Relevant

The number of unique addresses on the Bitcoin Core (BTC) network is constantly growing but only 37 percent of them are “economically relevant,” according to a recent study by Chainalysis. The vast majority of them – 86 percent – are controlled by service providers and the rest are used by private investors. Another key finding … Read more

October Volume Report: Weakest Monthly Trading Activity of 2018

On the eve of the 10th anniversary of the initial publication of the Bitcoin whitepaper, the cryptocurrency markets recorded their weakest month for trading volume in all of 2018. Most of the leading markets saw a significant decline in trading activity throughout October, but NEO, TRX, QTUM and ZEC posted month-over-month volume increases. Also Read: Venezuela … Read more

The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore

The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one … Read more

Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’

The top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more … Read more

Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find

The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests … Read more

September Volume Report: Altcoins See Increase in Trade Activity

September saw all but three of the top twenty cryptocurrency markets post an increase in monthly trade volume. XRP pairings saw the strongest month-over-month volume gain, with 30-day volume tripling when compared with August. Also Read: Markets Update: Crypto-Traders Patiently Wait for a Break Out  BTC Stagnates, USDT and ETH Post Strongest Volume Since Q2 Despite … Read more

Russian Crypto Groups in Telegram Increase Membership Despite Ban

The members of crypto-related Telegram channels have increased in number since the messenger was banned by a Moscow court in April, according to a study covering the top 50 Russian language groups. Despite a decrease in the views of published posts during the summer months, the readership of all examined groups has jumped by 21%, … Read more

The Daily: Speculators and Investors Hodl, Venezuelans Send Crypto With SMS

A study has detected stability in the amounts of bitcoin held for both speculation and investment during the last several months through August. Also in The Daily, Opera launches its much-vaunted desktop browser with built-in crypto wallet, a new service offers Venezuelans SMS-controlled platform for cryptocurrency remittances, and website-building platform Wix integrates coin payments for … Read more