Blockchain analytics platform Messari has published a detailed report on Polkadot’s performance in Q2, 2022, analyzing different aspects of the protocol, including market valuation, network usage, dev...
Tag: usage
Mixer usage reaches ATH as YTD volume doubles as compared to 2021: Chainanalysis report
The use of cryptocurrency mixers has been at the helm of crypto investigators and compliance officials. This use of mixers has reached an unfortunate all-time high recently as per the latest reports. ...
This Rare Cardano Smart Contract Usage Might Be Possible After Vasil HFC: Details
Sebastien Guillemot, CTO and co-founder of dcSpark, has shared a rare Cardano smart contract usage that might become possible after the Vasil hard fork upgrade. Thought: pause-able contracts on Cardan...
Bitcoin’s energy usage drops to 1-year low amid bear market and shift to renewables
Several elements of the crypto market are adjusting to the ongoing correction, with Bitcoin mining energy consumption being the latest sector to demonstrate the impact. As of June 26, the Bitcoin ene...
Carbon Removal And Usage Gains Traction As Energy Transition Lags
Mineral Carbonation International (MCi) CEO Marcus Dawe displays a section of negative emissions … [+] drywall containing 50% captured CO2 emissions. MCi As it becomes increasingly apparent that...
Snowflake has catapulted into ‘elite territory,’ JPMorgan says in upgrade
Snowflake Inc. is winning big praise from those in charge of tech spending, and that’s cause for an upgrade of its stock at JPMorgan. The bank’s recent survey of chief information officers found stron...
Digital Yuan Usage in China Leaps 1,800% in Past 12 Months
The digital yuan is gaining traction in China with the number of wallets growing exponentially to 261 million. Reports say the use of the digital yuan central bank digital currency (CBDC) increased by...
New Blockchain Reports Almost 100% Lower Energy Usage Than Bitcoin
Blockchain has disrupted not only the traditional financial system but also international trade, commerce, and supply chain management industries with its innovative ways to maintain a secure and dece...
As Telegram’s Toncoin Usage Grows, Failed Gram Investors Seeing Red
Some investors are suing Telegram, claiming they didn’t get fully paid for the failed GRAM coin … [+] project. It’s now morphed into Toncoin and a handful of original investors are f...
Illicit crypto usage as a percent of total usage has fallen: Report
Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency in...
Shiba Inu Active Whale Addresses Jump 44% as SHIB Usage Increases
Tomiwabold Olajide Shiba Inu’s utility has spiked among whales as WhaleStats reports that SHIB ranks among most-used smart contracts Shiba Inu whales have been more active in the last 24 hours. WhaleS...
Crypto Usage Growing Among Unbanked and Low Income Americans ⋆ ZyCrypto
Advertisement     A high number of unbanked and low income-earning persons in the United States are using cryptocurrencies for investments and transactions meaning cry...
Russia’s Central Bank Makes U Turn about Crypto Usage in International Payments
As a change of tune, Russia’s central bank is relieving its previous tough stance about cryptocurrencies by allowing their usage in international payments, as reported by Reuters. The First Deputy Gov...
Russia plans to control crypto mining despite the rise in electricity usage
Russia is seeking to regulate crypto mining despite the rise in electricity consumption in the country. In a speech issued today on the United Russia discussion forum, the Russian Deputy Head of the M...
American Politicians Want to Limit China’s CBDC Usage in US App Stores
The Republican senators – Mike Braun, Tom Cotton, and Marco Rubio – introduced draft legislation focused on the Chinese digital yuan. The lawmakers are against the financial product and believe it sho...
Cardano’s Epoch 340 Is Finished as Smart Contract Usage Spikes to 29%
Arman Shirinyan Another epoch is finished and shows that smart contract usage is now at 29% Another Cardano epoch is finished, which allows us to analyze the behavior of users on the network and smart...
Annual Fed Report Provides Key Insight into Correlations between Crypto Usage & US Household Well-Being
The 2021 Fed well-being report sheds light on how different economic classes in the US treated crypto within the past year. According to a recent report by the US Federal Reserve, American households ...
IMF provides ‘technical assistance’ to El Salvador in compiling Bitcoin usage stats
As the cryptocurrency market continues to grow with more countries starting to accept Bitcoin (BTC) and other digital assets as a legitimate alternative to traditional money, the global financial watc...
Panama’s President Will Not Regulate Crypto Usage; Here’s Why ⋆ ZyCrypto
Advertisement     President of Panama, Laurentino Cortizo has made public the country’s stance on crypto. Cortizo has outrightly rejected crypto legislation until adeq...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves – Bitcoin News
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle ...
Texas Bitcoin Miners Agree to Reduce Power Usage
The Texas Blockchain Council, a trade association representing the Bitcoin mining industry in Texas, announced on Saturday that crypto miners have responded to the conservation notice issued by ERCOT ...
How did crypto usage reach every third British citizen?
The recent data from a crypto exchange report outlines the reason for the high interest regarding crypto among Europeans. In the United Kingdom, the adoption of crypto and such digital assets has rep...
Everyday bitcoin usage in El Salvador remains low: study
After all the hype about El Salvador making bitcoin legal tender, how many people are using the cryptocurrency to make everyday purchases through the country’s Chivo bitcoin wallet? A new research stu...
Bitcoin Usage in El-Salvador Remains Low Despite Government Push Towards Crypto
El-Salvador was the first country to accept cryptocurrency for all kinds of transactions. along with that the government had also released the new digital wallet app, crediting $30 in bitcoin to every...
Bitcoin adoption in El Salvador is going strong with 40% usage– Bitso Exec
It’s 7 months since El Salvador adopted Bitcoin as legal tender. Now, Bitso, which is the exchange in charge of handling BTC transactions via the special Chivo wallet, claims that El Salvadorians are ...
Ac System Uses 16 X The Quantity Of Electric Power Than Bitcoin Learn More About Bitcoin’s Power Usage
Bitcoin’s annual electricity consumption is more than Norway’s 124 TWh and more than twice the level of Bangladesh’s 70 TWh. The hope is that switching to Proof-of-Stake will cut Ethereum’s energy ou...
The IMF Expresses Concerns Regarding Continued Crypto Usage
The IMF has not given up its efforts to warn folks against Bitcoin (BTC). Earlier it urged El Salvador to give up on Bitcoin, but now it asks the world to do it. Despite these warnings by ...
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability – News Bitcoin News
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the ...
Crypto electricity usage for BTC dropped by 25%
Cryptocurrencies like Bitcoin (BTC) have the natural effect of Proof of Work (PoW) mounting The most recent information shows that the biggest crypto blockchain probably won’t be harmful A report has...
Bitcoin network electricity usage drops 25% in Q1 2022, easing energy consumption fears
As concerns over the ecological impact of Proof of Work (PoW) cryptocurrencies like Bitcoin (BTC) mount, the latest data shows that the largest crypto blockchain might not be so damaging to the enviro...
Sustainable energy usage for BTC mining grows nearly 60% in a year
Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year. The Bitcoin Mining Coun...
Crypto Miners Now Taking Advantage of Increase in Coal Energy Usage
Despite these obvious negative contributions, some mining companies, though using coal to power their crypto mining operations, are helping the environment in a mutually beneficial setting. The curre...