Tagged: research

February 25, 2022 @ 10:59 am By Omar Faridi  |  

Recently, network difficulty on the Bitcoin (BTC) network surged around 4.8% as total hashrate (or the amount of computing power securing the leading cryptocurrency network) exceeded 200 EH/s for the “first time ever.” The team at Compass Mining noted that “breaking through mining profitability’s gloomy… Read More

February 25, 2022 @ 8:26 am By Omar Faridi  |  

The blockchain sector saw some major changes during the past year, brought on by a “maturing” crypto ecosystem and the development of innovative technologies. American Fintech firm Ripple notes that it remained focused on better understanding and further analyzing this rapid “evolution” via primary and… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 24, 2022 @ 8:53 pm By Omar Faridi  |  

Michael Froman, Vice Chair and President, Strategic Growth at Mastercard (NYSE: MA), notes that shuttered storefronts might be a lingering symbol of the pandemic’s “economic fallout.” However, entrepreneurship is continuing to soar, “with a record 5.4 million new business applications filed in 2021, according to U.S…. Read More

February 24, 2022 @ 3:00 pm By Omar Faridi  |  

SlowMist notes that not too long ago, they had released an update in regards to the Bitfinex incident. The report from SlowMist had covered how the stolen funds had allegedly been laundered using a technique known as “peel chain.” The company reveals that they received… Read More

February 23, 2022 @ 5:04 pm By Omar Faridi  |  

Private debt managers secured $191.2 billion last year, representing a 12.1% YoY gain and the second-highest annual tally on record, according to an update from Pitchbook. As noted in a report from Pitchbook, investors continued piling into these funds “despite the puzzling macroeconomic environment.” This… Read More

February 23, 2022 @ 8:37 am By Omar Faridi  |  

The research team at BitOoda has provided an update on Bitcoin and broader public markets. As of February 15, 2022, $291 million in YTD fund outflows have taken place along with an inverted term structure of BTC volatility now “at 11% realized less implied.” As… Read More

February 22, 2022 @ 1:30 pm By Omar Faridi  |  

Despite the surge in US digital commerce sales, online consumers remain “unpredictable” when it comes to checking out online: The average online shopping cart abandonment rate is 70%, according to an update from Affirm (NASDAQ:AFRM). Anything you can do to lower that rate for your… Read More

February 22, 2022 @ 9:59 am By Omar Faridi  |  

Making digital cyberspace safer doesn’t have to be “left to the big cybersecurity corporations,” according to an update from Uppsala Security. Individuals and small businesses are able to play a key role in making the Internet and the Web 3.0 “a more secure place to… Read More

February 22, 2022 @ 8:05 am By Omar Faridi  |  

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

February 22, 2022 @ 2:07 am By Omar Faridi  |  

C2FO claims that it is the world’s largest platform for working capital for a reason: “We have to be. Our team is tackling one of the biggest challenges facing businesses today.” C2FO’s platform makes it possible for firms across the globe, regardless of their size,… Read More

February 20, 2022 @ 11:30 am By Omar Faridi  |  

Ahmed Wadi, the Founder and CEO at MoneyFellows, a Cairo-based collaborative Group Lending and Savings Platform, says that he is amazed how the Fintech space evolved over the past couple years. Wadi added that he can’t wait to see homegrown Fintechs “proving to the world… Read More

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

February 18, 2022 @ 2:37 am By Omar Faridi  |  

The peer-to-peer market is expected to grow by around 20% this year, according to a report from Croatian lender Robo.cash. Robocash analysts noted that the optimistic scenario for 2022 is being supported by the general development trend from last year. Industry experts are also betting… Read More

February 17, 2022 @ 8:46 am By Omar Faridi  |  

The year has kicked off on a strong note in the United Kingdom’s housing market and the price of an average home continued to reach all-time highs, according to an update published by Blend Network, a specialist development finance lender. The Nationwide House Price Index… Read More

February 15, 2022 @ 6:51 pm By Omar Faridi  |  

Bitcoin’s energy usage and its “indirect” environmental impact have been a topic of heated discussions, from “humble” beginnings in early forum posts of Satoshi Nakamoto (the pseudonymous creator of Bitcoin), to its eventual culmination as the topic of an entire committee hearing in the US… Read More

February 15, 2022 @ 3:08 am By Omar Faridi  |  

When the COVID-19 crisis struck, working practices changed for many individuals and businesses across the globe. Offices had been closed and corporate travel was at a standstill, as virtual networks began replacing physical networking. Fast forward two years and while lockdowns are easing and conferences… Read More

February 15, 2022 @ 2:17 am By Omar Faridi  |  

The early stage continues to resemble the “late stage of years past.” Last year, the median early-stage valuation surged 50% YoY to $45.0 million. This value represents a greater median than the late stage only a few years ago “and illustrates the tsunami of capital… Read More

February 14, 2022 @ 10:44 pm By Omar Faridi  |  

Digital commerce is a major engine of the global economy. It experienced an economic upshift during the year 2020 as a consequence of the economic slowdown that accompanied the COVID-19 crisis. At the same time, the continued digitization of commercial and consumer transactions “contributed to… Read More

February 14, 2022 @ 9:20 pm By Omar Faridi  |  

A report from PeerIQ notes that the official numbers are in and they’re not looking so great. Inflation, as measured by the CPI, surged at a higher than expected 7.5% annualized rate in January 2022. That’s the fastest rate of price increases since 1982. Expectations… Read More