Tagged: Research Report

August 4, 2021 @ 10:41 am By Omar Faridi  |  

The team at Brooklyn, New York based ConsenSys, a leading Ethereum (ETH) development studio, has published its latest report on the Current State of DeFi. The report from ConsenSys provides a detailed analysis of Ethereum’s decentralized finance ecosystem and its ongoing growth during Q2 2021…. Read More

August 3, 2021 @ 5:57 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent firm of LendingClub Bank, the leading digital marketplace bank in the US, has shared key findings from its second Reality Check: Paycheck-To-Paycheck research series. The first report revealed that most US residents (54%) are living paycheck-to-paycheck; this second August… Read More

July 31, 2021 @ 9:06 am By Omar Faridi  |  

Payments specialist Banking Circle notes in a recent update on the payments, banking and Fintech space that there have been record-level investments in the UK’s vibrant Fintech sector, with $5.7 billion of VC invested across 317 deals so far in 2021. Banking Circle‘s CIO, Michel… Read More

July 26, 2021 @ 11:49 pm By Omar Faridi  |  

The United Arab Emirates (UAE) ranked first among the Arab nations in FinxAr. As covered, the Arab Monetary Fund introduced the Index of Modern Financial Technologies in the Arab countries (called the FinxAr). The index aims to provide insights on the ongoing developments in the… Read More

July 25, 2021 @ 8:09 pm By Omar Faridi  |  

The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for… Read More

July 25, 2021 @ 2:04 pm By Omar Faridi  |  

Compliant crypto firms realize or know what it takes to keep their platforms safe: They have to carry out KYC checks on clients, monitor transactions for counterparty risk, and submit suspicious activity reports or SARs when they see suspicious activity, Chainalysis notes in a blog… Read More

July 21, 2021 @ 10:17 am By Omar Faridi  |  

Seven in 10 institutional investors are now expecting to purchase or invest in digital assets in the future, and over 90% of those interested in these financial instruments expect to have an allocation in their institution’s or clients’ portfolios “within the next five years.” This,… Read More

July 21, 2021 @ 12:44 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, has released their Weekly Hash Report, dated July, 19 2021. As noted in the report from BitOoda, hashrate or the amount of… Read More

July 19, 2021 @ 7:14 pm By Omar Faridi  |  

Visa (NYSE:V) notes in a comprehensive report that the past year and a half has been quite challenging for many individuals and businesses, with the global COVID-19 pandemic “vastly changing the way we live, work and shop.” Visa has released a detailed report in which… Read More

July 19, 2021 @ 2:25 pm By Omar Faridi  |  

A new industry report, published by Trulioo, the global identity verification firm, and One World Identity, looks at the “nuances” of digital identity verification. As noted in a release shared with Crowdfund Insider: “In particular, it explores how adopting a consumer-centric and layered approach to… Read More

July 8, 2021 @ 5:28 pm By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics note that Ethereum (ETH) gas prices have dropped down to their lowest levels since March, of last year. Although a few months back, average gas price consistently reached 150-200 GWEI, the average gas price has now… Read More

July 8, 2021 @ 8:34 am By Omar Faridi  |  

The cryptocurrency markets had been “brimming” with excitement to start the year. However, as we get ready to enter the “dog days” of summer 2021, Bitcoin (BTC), Ethereum (ETH), and other virtual currencies are “flatlining,” the Kraken team notes in an update while pointing out… Read More

July 6, 2021 @ 11:45 pm By Omar Faridi  |  

As the Bitcoin hashrate (the amount of computing power securing the world’s largest cryptocurrency network) experiences its worst drop ever, the newly established Bitcoin Mining Council has revealed that global Bitcoin mining is now mainly being powered by “sustainable energy.” The report from the Mining… Read More

July 1, 2021 @ 5:29 pm By Omar Faridi  |  

Real asset fundraising figures have “lagged recently,” with fundraising during the past 4 quarters reaching its lowest levels since “late 2012,” according to a new report from Pitchbook. As noted in the report from Pitchbook, infrastructure has managed to continue attracting considerable funding, meanwhile, the… Read More

June 30, 2021 @ 11:42 am By Omar Faridi  |  

Nate Maddrey and the Coin Metrics research team notes in their latest State of the Network report that the cryptocurrency markets plummeted again this last week after more news surfaced about stricter Chinese regulation, including the People’s Bank of China (PBoC) instructing the nation’s financial… Read More

June 21, 2021 @ 1:31 pm By Omar Faridi  |  

Cryptocurrency mining specialist Zack Voell notes that this month, Bitcoin mempools have been “emptying more frequently than usual” during the last 6 months. According to Voell, this short-term trend of empty mempools follows BTC’s price drop down to around $30,000 through the end of May… Read More

June 17, 2021 @ 1:35 am By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

June 16, 2021 @ 10:20 pm By Omar Faridi  |  

Analysts of the European investment platform Robo.cash say that they’ve predicted that in the next year or two “a small number” of new lending platforms should enter the peer to peer (P2P) market. According to a blog post published by the Robo.cash team, most of… Read More

June 15, 2021 @ 2:14 am By Omar Faridi  |  

LexisNexis Risk Solutions, a global data and analytics firm, has published its annual True Cost of Financial Crime Compliance Global Report. The results shared in the new report have been prepared after conducting an extensive survey of 1,015 financial crime compliance decision-makers at established financial… Read More

June 13, 2021 @ 5:19 pm By Omar Faridi  |  

Egypt’s venture capital investment ecosystem has become one of the most fast-evolving markets in the MENA region. It’s been expanding at a 100% CAGR during the last 5 years, according to the 2020 Egypt Venture Investment Report released by Magnitt in collaboration with Egypt’s IT… Read More