This past week saw a flurry of reports and analyses released by various agencies and companies, speculating on the roles — past and present — of cryptocurrencies and blockchain technologies. Two big names in the blockchain industry are being scrutinized as they attempt to grow, and we put two privacycoins, Monero and Zcash, under the microscope.
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Study Argues Tether Wasn't Used to Prop Up Bitcoin Price[2]
Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins[3]
A remarkable number of reports were released this week that, together, contributed to a comprehensive picture of the cryptocurrency industry’s trajectory. Two of them focused on stablecoins.
Contrary to the conclusion of another study by John Griffin and Amin Shams that Tether was being used to manipulate the price of bitcoin, a new report by Dr. Wang Chun Wei of the University of Queensland Business School states that the effect of the stablecoin is statistically insignificant as far as bitcoin pricing is concerned.
At the end of the week, Blockchain released a study that examined both the positive and negative aspects of stablecoins, painting an overall picture of optimism for the budding asset class.
Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency[4]
IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government[5]
Another study tackles the subject of malicious mining, also known as cryptojacking, in the cryptocurrency space, and it points out that the problem is on the rise as bad actors become more sophisticated.
And finally, after a series of roundtable discussions, MIT Connection Science and IBM issued a 41-page joint report on the role of blockchain in government. The findings
