Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Gr...
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter financial results. Wang’s comprehensive Ethereum analysis showcases a myriad of data points that accentuate the blockchain’s 2021 achievements. Analyst Publishes Ethereum Stats for the Blockchain’s Q1 Financial Results Ethereum has been a force to be reckoned with this year and....
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Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered The Merge.
Ethereum’s Issuance Rate Sinks Lower Post-Merge
Since August 5, 2021, Ethereum has changed from being inflationary to deflationary by introducing the ruleset....
For financial institutions, blockchain technology holds great promise as a way to drive efficiencies into financial payment and settlement systems that have been slow to change. It also offers the potential to revolutionize the issuance and tracking of stocks and shares. Over the last year, many of the world’s biggest banks have started seriously experimenting with the blockchain as a means to solve a variety of issues with legacy financial systems. To this end, many banks have started their own research projects or joined consortiums to experiment with the technology, explore use cases,....
New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms. A report from blockchain analytics platform Nansen highlights five entities that hold 64% of staked Ether (ETH) ahead of Ethereum’s highly anticipated Merge with the Beacon chain.Ethereum’s shift from proof-of-work to proof-of-stake is set to take place in the coming days after final updates and shadow forks were completed in early September. The key component of The Merge sees miners no longer used as validators, replaced by stakers that commit ETH to maintain....
The Financial Industry Regulatory Authority released a report on blockchain’s impact on the securities industry in its efforts to support financial institutions investing in the technology. Many FINRA rules, as well rules by other regulators such as the Securities and Exchange Commission, are potentially implicated by various distributed ledger technology (DLT) applications, the report noted. A DLT application that alters clearing arrangements or serves as a source of recordkeeping by broker-dealers could implicate FINRA rules for carrying agreements and records requirements. FINRA seeks....
While many enterprise businesses continue to write off blockchain as technology for tomorrow, innovators like IBM are already using blockchain to refine their global supply chains and cut costs today. However, IBM is far from alone. Both incumbents and innovators are increasingly predicting the $18tn global supply chain sector will feel the brunt of blockchain’s disruptive potential. CoinDesk Research’s latest ‘Trade Finance and Supply Chains’ report takes a deep dive into this evolving narrative, showcasing how startups and incumbents are using cutting-edge technologies to rethink global....