Reports | ForkLog

ForkLog 22 16.04.2024

CoinGecko Reports Surge in Cryptocurrency Numbers

There are now over 2.52 million cryptocurrencies, a figure 5.7 times greater than the 0.44 million recorded at the end of 2021, according to a CoinGecko report. Ever wondered how many cryptocurrencies exist in total? Our study shows that there are over 2.52 million cryptocurrencies in 2024 to date. Read the full study: https://t.co/3etlKJ7SqY pic.twitter.com/lbje5J35WO […]

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ForkLog 11 05.04.2024

Crypto Startup Investments Surge by 38% in Q1 2024

In the first quarter of 2024, venture investments in the crypto industry reached $2 billion, breaking a two-year downward trend, according to Crypto Koryo. ? Long-term Trend ? Both total investments and number of investments have increased compared to last quarter. Compared to last quarter, there was a 38% increase in amount invested and 49% […]

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ForkLog 4 01.04.2024

Crypto Projects Recover $99 Million of Stolen Funds in March, Reports PeckShield

In March, the cryptocurrency sector suffered losses amounting to $187 million due to hacks. This figure represents a 48% decrease compared to the previous month, according to PeckShield. #PeckShieldAlert March 2024 witnessed 30+ hacks in the crypto space, resulting in ~$187.29 million in losses, with ~$98.8 million recovered. This marks a decrease of ~48% from […]

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ForkLog 23 29.03.2024

TRM Confirms TRON’s Dominance in Illicit Crypto Transactions

In 2023, the TRON blockchain accounted for 45% of all illicit cryptocurrency transactions. This primarily involved the USDT stablecoin from Tether, according to TRM Labs experts. Our Illicit Crypto Economy Report covers eight key trends we’re tracking from 2023, including a drop in overall illicit volume year-on-year. Get your copy here: https://t.co/zAVIymATB5. — TRM Labs […]

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ForkLog 25 21.03.2024

Solana Captures Investor Interest, CoinGecko Reports

Solana ecosystem dominates investor interest. Ethereum-based L2 protocols maintain leadership. In 2024, Solana accounts for 49.3% of global investor interest in blockchain ecosystems, according to CoinGecko experts based on internet search data. What are the most popular blockchain ecosystems? Our study reveals that the Solana ecosystem has emerged as the leading blockchain ecosystem this year, […]

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ForkLog 8 11.03.2024

Coinbase Highlights Potential Risks for Bitcoin’s Continued Growth

Despite Bitcoin reaching a new all-time high, the market may face challenges in maintaining its upward trajectory in the short term, according to Coinbase’s weekly report. “The unwinding of bearish positions, which initially fueled the rise, is likely exhausted. However, spot Bitcoin ETFs in the US remain a significant anchor for demand,” noted analysts David […]

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ForkLog 18 04.03.2024

Crypto Project Losses from Hacks and Scams Drop to $67 Million in February

In February, the cryptocurrency industry suffered losses of approximately $67 million due to hacker attacks and fraud across 12 different incidents, according to a report by Immunefi. Data: Immunefi. The damage was roughly half of January’s figure of ~$126.8 million. In February, nearly all losses were attributed to hacks of the gaming platform PlayDapp ($32.35 […]

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ForkLog 23 28.02.2024

IMF Advises Pacific Nations Against Using Unbacked Cryptocurrencies

The introduction of digital currencies in Pacific nations could address numerous issues, but reliance on “unbacked private crypto assets” should be avoided. This warning comes from experts at the IMF in a report. It’s great to see the fruits of last year’s IMF Conference in Fiji ?? The departmental paper, “Rise of Digital Money: Implications […]

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ForkLog 25 27.02.2024

Grayscale: Ethereum to Mature with Dencun Launch

Despite increasing competition among blockchains, the launch of the Dencun upgrade will aid Ethereum in “maturing” by reducing transaction fees and enhancing network scalability, according to a report by Grayscale Research. Analysts believe the protocol is poised to benefit from the update, which, along with other factors, makes it more modular. In 2023, the blockchain […]

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ForkLog 19 26.02.2024

Venture Capital Investment in Crypto Startups Surpasses $90 Billion

The cumulative amount raised by crypto and blockchain firms from venture investors since 2017 has exceeded $90 billion, according to data from The Block. In February, analysts counted over 50 deals, with a total of 9500 transactions recorded since the inception of such statistics. Data: The Block. Since the beginning of the year, experts have […]

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ForkLog 10 16.02.2024

Coinbase Reports $273 Million Quarterly Profit

In the fourth quarter of 2023, the cryptocurrency exchange Coinbase reported a net profit of $273 million. For the year, the figure amounted to $95 million with total revenue of $3.1 billion, the company announced in a letter to investors. Our Q4’23 and full-year 2023 update is in. Read the full shareholder letter and tune […]

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ForkLog 23 14.02.2024

Bitcoin Dominates December NFT Trading Volume, CoinGecko Reports

In 2023, the turnover of non-fungible tokens (NFTs) across the top ten networks fell by 55.1% to $11.8 billion. Of this, 72.3% ($8.54 billion) was associated with NFTs on Ethereum, according to CoinGecko. DID YOU KNOW: #Bitcoin was the biggest NFT chain in December 2023, with $0.81 billion in trading volume, translating to a 42% […]

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