Darknet markets’ cryptocurrency revenue topped $1.5 billion in 2020
Even without December, darknet market revenue in cryptocurrencies surpassed the previous year's figure, reaching a new high of over $1.5 billion, according to Chainalysis.
Darknet markets’ cryptocurrency revenue topped $1.5 billion in 2020
Even without December, darknet market revenue in cryptocurrencies surpassed the previous year's figure, reaching a new high of over $1.5 billion, according to Chainalysis.
Ripple’s consensus algorithm deemed vulnerable
The Ripple protocol’s consensus algorithm “does not provide safety or liveness.” A cryptography and data security research group at Bern University has reached this conclusion.
65% of PayPal customers willing to use Bitcoin as a payment method
65% of PayPal customers say they are willing to pay with Bitcoin for goods and services at 28 million points of sale, according to a survey by Mizuho Securities USA.
ForkLog’s Person of the Year 2020 — It’s Time to Vote!
The Bitcoin industry is built by people. Some become role models, while others are anti-heroes.
Study finds DeFi token indexes are not as diversified as commonly believed
A problem with DeFi indexes is their excessive dependence on the performance of a handful of blue-chip components. They do not always achieve the goal of reducing risk for investments in this sector. This is described in a study by Messari analyst Roberto Talamas.
Opinion: Satoshi Nakamoto Worked on Bitcoin in London
The creator of the first cryptocurrency, Satoshi Nakamoto, worked on aspects of its development while residing in London from 2008 to 2010. London, the capital of the United Kingdom, is cited as the most likely location in a study by Doncho Karaivanov, according to Chain Bulletin.
Study Finds Bitcoin Volatility Lower Than Many S&P 500 Stocks.
Since the start of 2020, Bitcoin's price volatility has been lower than that of 29% of S&P 500 stocks, according to VanEck's fund-management researchers.
Survey: Since the start of 2020, Bitcoin has yielded returns for 72.3% of investors
72.3% of ForkLog users surveyed earned income from cryptocurrency investments in 2020.
Survey: 95% of users do not use Bitcoin mixers
95.5% of ForkLog users surveyed do not use mixing services.
Survey: 36% of users do not trust DeFi
A third of ForkLog respondents declined to invest in the DeFi sector due to distrust of the projects.
Poll: nearly three-quarters of millionaires plan to buy Bitcoin
Of the 700 people surveyed by the deVere Group, 511 individuals with a net worth above £1m ($1.3m) already own cryptocurrencies such as Bitcoin, Ethereum and XRP, or plan to add them to their investment portfolios by the end of 2022.
Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results
In 2020, in ForkLog's annual survey “Bitcoin and Other Cryptocurrencies in Our Lives,” 1,815 people from Russia, Ukraine, Belarus, the United States, and countries across Asia and Europe participated. Key takeaways: 94.6% of ForkLog's audience are men. Bitcoin and Ethereum remain the most popular cryptocurrencies. In 2020, 72.3% of respondents reported a return on their investment portfolios. Survey participants prefer trading on the Binance exchange and generally trust centralized trading platforms. Half of respondents use a VPN. Uniswap is one of the most-used DeFi services. Portrait of ForkLog Readers: The majority are aged 26–35 and mostly men. About 91.7% live in Russia and nearby regions. Top five visitors include Russians, Ukrainians, Belarusians, Kazakhstani, and Polish residents. A profile of ForkLog readers is shown through several image galleries. Forty-five percent report a middle income, 30.7% low, 19.1% above average, and 5.2% high. A third can afford occasional trips abroad; a slightly smaller share did not travel outside their home country. One in three owns their own business. 28.9% are directly connected with the blockchain and cryptocurrency sector. 7.6% learned about cryptocurrencies in the early years of their existence, but most learned during the Bitcoin boom of 2016–2017. Cryptocurrencies are held by a large majority; almost half bought digital assets during 2016–2017. 57% plan to expand their portfolios, 10% are considering creating one, and 72.3% earned a return in 2020. The report also covers mining and staking, anonymity and the darknet, DeFi, trading, wallets, ICO/IEO/STO investments, and media consumption. The majority trade on centralized exchanges like Binance, with some participation in derivatives and limited use of DeFi services such as Uniswap. The document also notes privacy measures, VPN use, and media preferences, including ForkLog as a primary source for crypto information.We use cookies to improve the quality of our service.
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