100M people worldwide now use crypto-based assets, says Cambridge study

100M people worldwide now use crypto-based assets, says Cambridge study

Skyrocketing figures show crypto’s growing global dominance.Skyrocketing figures show crypto’s growing global dominance Researchers at the Cambridge Centre for Alternative Finance recently revealed that 100 million people around the world currently hold Bitcoin (BTC) and other blockchain-based assets.In 2018, the 2nd Global Cryptoasset Benchmarking Study estimated the number of identity-verified crypto users at about 35 million globally. As of Q3 2020, there are up to 191 million accounts opened at crypto exchanges — a figure which doesn’t include self-hosted wallets.The researchers....


Related News

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency ...

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four market segments which include mining, payments, custody, and exchange. A great number of participants from the cryptocurrency industry took part in the University of....

Cambridge Collaborates With IMF And BIS To Launch Crypto Research Project

The Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced the beginning of the Cambridge Digital Assets Programme today (CDAP). CDAP is a research project aimed at understanding the evolution of digital assets and value transfer systems. Cambridge Research For Crypto The University of Cambridge is launching a new project aimed at […]

Cambridge University: Cryptocurrency Use Seeing ‘Significant Growth’

A report by Cambridge University’s CCAF reveals that the number of people using cryptocurrency today has seen significant growth and rivals the population of small countries. Global Cryptocurrency Benchmarking Study. The Cambridge Centre for Alternative Finance (CCAF) has recently published a research paper called Global Cryptocurrency Benchmarking Study, which examines several sectors of the global cryptocurrency industry, including exchanges, wallets, payment providers, mining and more. The study was led by Dr.Garrick Hileman, senior research associate at the CCAF and a researcher at the....

The Tide Has Turned: Cambridge Revises Down False Bitcoin Energy Estimates

The Cambridge Centre for Alternative Finance (CCAF) has revised its Bitcoin electricity consumption estimates, addressing longstanding concerns about the accuracy of its Cambridge Bitcoin Electricity Consumption Index (CBECI). The new study, titled “Bitcoin electricity consumption: an improved assessment,” dated August 31, 2023, has ignited discussions among crypto enthusiasts and environmentalists alike. Cambridge Revises Down False […]

Identity Startup Wins $15k at Santander Blockchain Competition

A Cambridge, Massachusetts-based company developing identity solutions for blockchain-based systems won $15,000 at a startup competition hosted by the venture arm of Spanish banking group Banco Santander yesterday. Announced in November, the Distributed Ledger Challenge was organized by Santander InnoVentures, the $100m FinTech venture fund created by Banco Santander in 2014, and Onevest, a venture capital network based in New York. The Amazon Web Services Pop-up Lofts, a working space located in Manhattan, hosted the event. Cambridge Blockchain, which won the event, was one of five....