q1 2023
BNB Chain Dominates Q1 2023 Rug Pull Scams
According to a report by blockchain security firm Immunefi, BNB Chain saw 73.3% of all rug pull scams in the crypto ecosystem during Q1 2023. The report also revealed that BNB Chain and Ethereum were the two largest targets for hackers and scammers, with 68.8% of total losses from these networks combined.
ASX Delays Blockchain-Based CHESS Replacement to April 2023
The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.
Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.
Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023
Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000
Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.
How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?
IBM Blockchain has been around for several years, delivering on blockchain projects for enterprises in areas such as trade finance, securities, payments and supply chain traceability, as well as establishing new platforms for businesses and improving efficiencies in existing industries. Alan Lim, one of the initial members of the IBM Worldwide Blockchain team, heads IBM Blockchain Labs in the Asia Pacific. Lim kicked off his journey in blockchain as he was curious about how blockchain was being used in solving some real-world challenges.
Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC
Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.
Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023
Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.
Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.