research | ForkLog

ForkLog 9 31.05.2024

Canadian Researcher Profiles the Average Bitcoin Investor

The typical bitcoin investor values personal growth and is emotionally stable. This conclusion was reached by behavioral scientist and University of Toronto associate professor Stefano Di Domenico, according to Decrypt. The study surveyed 500 clients of the Canadian platform Shakepay, with a questionnaire comprising over 350 questions. The research explored more than a dozen hypotheses; […]

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ForkLog 39 20.05.2024

Study Reveals Binance Token Listings as Investor Traps

Over the past six months, 80% of tokens newly listed on Binance have depreciated in value compared to their initial trading day on the exchange, according to researcher flow. Looking at all the new listing of the past 6 months on the largest CEX, Binance, we note that >80% of tokens are down from their […]

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ForkLog 30 17.05.2024

Binance Highlights $155 Billion Token Unlock Overhang

Between 2024 and 2030, tokens worth approximately $155 billion will be unlocked, inevitably exerting selling pressure on assets. This observation was made by experts from Binance Research. The prevalence of tokens launching with high valuations and low initial supplies has stirred discussions due to concerns over limited upside for retail investors. Our report examines the […]

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ForkLog 13 16.05.2024

Study Reveals Crypto Influencers’ Recommendations Lead to Losses

The average cumulative return on positions opened based on crypto influencers’ signals on X was -2.24% after 10 days and -6.53% after 30 days, according to researchers from three universities. The return on investments on the first and second days following recommendations was 1.83% and 1.57%, respectively, with small-cap tokens seeing a 3.86% increase after […]

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ForkLog 18 10.05.2024

Expert Identifies Vulnerability in Binance’s Reserve Audit Mechanism

The algorithm employed by cryptocurrency exchange Binance for Proof-of-Reserves (PoR) contains a vulnerability linked to its lending function and the accounting of so-called dummy users. This was stated by Enrico Bottazzi, an expert from the research organization Privacy Scaling Explorations. The issue concerns non-existent accounts with a positive position in low-liquidity assets and a negative […]

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ForkLog 24 10.05.2024

Deutsche Bank Highlights Stablecoin Risks; Tether Responds with Criticism

Analysts at Deutsche Bank Research have suggested that most stablecoins are doomed to lose their peg and disappear. The experts examined 334 pegged currencies since 1800 and found that 49% of such assets failed, with an average lifespan of eight to ten years. The main reasons for these failures were macroeconomic vulnerability, speculation, and governance […]

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ForkLog 16 08.05.2024

Survey: Over 20% of US Voters Consider Candidates’ Crypto Stance Important

More than 20% of respondents in several states view cryptocurrency as a key issue in the upcoming US elections, according to a study by the Digital Currency Group (DCG). The survey was conducted among 1,201 voters from Michigan, Ohio, Montana, Pennsylvania, Nevada, and Arizona to gauge attitudes towards digital currencies and the financial system. “The […]

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ForkLog 16 06.05.2024

Bloomberg: Less Than 10% of Stablecoin Transactions Are ‘Organic’

Over 90% of stablecoin volume is moved by non-human users, indicating limited use of cryptocurrencies as a payment method, according to Bloomberg. The agency interpreted data from a new indicator by Visa and Allium Labs. The tool identifies transactions made by bots and large traders, distinguishing them from those by real people. The dominance of […]

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ForkLog 46 30.04.2024

Study Reveals Centralization of Bitcoin Mining Pools Under Single Custodian

Bitcoin mining has become perilously centralized, with a single entity holding coins mined by nine major pools, thereby controlling approximately 47% of the network’s hashrate, according to a report by BitMEX. The document references a post by a user named mononaut on X. According to his data, an unnamed custodian has amassed bitcoins from AntPool, […]

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ForkLog 38 29.04.2024

Lazarus Group Launders $200 Million from 25 Crypto Attacks, Report Reveals

On-chain researcher ZachXBT tracked the movement of $200 million stolen by the Lazarus Group hackers in 25 cyberattacks from August 2020 to October 2023. Lazarus Group hacks in 2020–2023. Data: TRM Labs. 2020: CoinBerry, Unibright, and CoinMetro Hacks In August, the perpetrators withdrew $370,000 from the hot Bitcoin and Ethereum wallets of the Canadian crypto […]

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ForkLog 8 23.04.2024

Arkham Identifies Millions in ‘Forgotten’ Crypto Assets on Cross-Chain Bridges

Tokens worth millions of dollars remain unclaimed in contracts associated with cross-chain bridges, according to experts at Arkham Intelligence, reports The Block. Experts identified several such addresses belonging to major players in the DeFi and NFT sectors, including a presumed connection to Ethereum co-founder Vitalik Buterin. “There are dozens of accounts with six to seven-figure […]

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ForkLog 16 17.04.2024

Stanford Researchers Release AI Index on Global Trends

Researchers at Stanford University have released the “AI Index” study, detailing global trends in neural networks for 2023. The report discusses the development of multimodal models, substantial financial investments in generative AI, new performance metrics, shifts in global opinion, and regulatory measures governing the field. Open and Closed Models In 2023, organizations released 149 AI […]

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