Posts Tagged ‘research’

Mining Cryptocurrencies Is More Energy Intensive Than Actual Mining, Researchers Say

The digital mining of cryptocurrencies required more energy per US dollar generated than the mining of physical metals between January 2016 and June 2018, according to a new study published in the British journal Nature Sustainability. The study also estimated that, during the 2.5-year period, the four cryptocurrency networks (bitcoin, Ethereum, Litecoin, and Monero) generated between […]

25% of ‘affluent’ millennials hold cryptocurrency: report

A full quarter of affluent American millennials are using or holding cryptocurrency, according to Millennials with Money report from Edelman. The survey defines affluent millennials as aged 24-38, making $100,000 in individual or joint income, or having $50,000 in investable assets. An additional 31% are interested in using cryptocurrency. The report also found that millennials – and […]

Fintech development and regulation highly variable across Europe: report

The greatest regulatory obstacles blocking fintech development across the EU are prudential rules, AML regulations and data protection procedures, according to new research by FECIF, the pan-European trade association for Financial Advisers and Intermediaries. In this third survey, under the FECIF Expertise Initiative, a total of 11 national associations participated, covering nine core EU countries with […]

Only 13% of ICO’s Have A Running Product, Ernst & Young Report Shows

A new report from “Big Four” accounting firm Ernst & Young (EY) shows that only 13% of ICOs have launched a functioning project. In addition, EY confirmed that many ICOs are trading below their initial offering price. This new study from EY surveyed more than 141 ICOs that launched in 2017. Of the ICOs surveyed, […]

83% of Brits unsure about fintech, says TopLine study

A recent study by TopLine Comms has found that 83% of people in Britain are “unsure” of using fintech, despite its growth in recent years. Many of the surveyed 2,000 UK consumers choose not to trust the sector for a few reasons; just under a third (27%) cited a lack of understanding of it in comparison […]

Survey: Fintech Excites Treasury & Finance Execs, But Many Have Yet to Implement It

Corporate treasury and finance executives are enthusiastic about emerging technologies such as blockchain, artificial intelligence and robotic process automation. Yet, new research by the Association for Financial Professionals reveals that many treasury and finance professionals have yet to implement these technologies within their functions. Based on 708 responses, the 2018 AFP Technology Survey not only found […]

Software, consumer items, fintech account for 63% of venture funding: study

Three sectors — namely software and internet services, consumer products and services, and fintech and payments — account for 63 per cent of the companies nationally that received venture funding, according to a study by the Indian Institute of Technology, Madras. The institute released its 10th annual report on Indian venture capital and private equity […]

Cyber criminals increasingly target cryptocurrency, research finds

Cybersecurity firm McAfee found that the use of cryptocurrency mining malware increased by 86 percent during the second quarter of 2018. The increase continues a trend that has already escalated over the past few months. Bitcoin has a $232 billion market, and approximately $1.5 billion worth of cryptocurrency has been stolen in the past two years, […]

Study: Cryptocurrency Trading Volume Likely to Grow by 50%+ in 2019

A recent study, conducted by the Satis Group, has found that despite a persisting bear market in 2018, the cryptocurrency markets will still likely see tremendous growth in trading volume in 2019, growing by an estimated 50%. This growth is mainly attributed to increasing market accessibility and growing corporate and institutional adoption. The report explains that as […]

Ireland Launches €5M Project FinTech Fusion Targeting Blockchain, Other Innovative Tech

The Irish government launched a €5 million fintech research and development project for a period of five years. The FinTech Fusion, as the project is called, will be managed by the ADAPT Centre for Digital Content Technology. The project will run until 2022 in Trinity College in Dublin and will focus on innovative technologies like […]