The Osiris team and the colleagues from the University of Northumbria at Newcastle tested commonly cited simplistic theories of cryptocurrency pricing, namely, cost-based model and Metcalfe’s law, using causal inferences from the instrumental variables approach on block-level data for six proof-of-work coins.
Read the full paper on SSRN by clicking the link down below.
Mexico-based cryptocurrency exchange Bitso has raised capital from a number of major investors including Ripple, Coinbase, and Jump Capital to help it expand into Latin America.
The UNICEF is rolling out a pilot program to accept cryptocurrency donations—and won’t be converting the raised funds to cash.
The Commodity Futures Trading Commission chair believes that Ethereum is a commodity, according to Yahoo Finance.
Ripple announced on Wednesday a collaboration with UK-based Finastra, reportedly the third-largest FinTech firm in the world, to allow Finastra's customers access to RippleNet, Ripple's global payment network, for faster, cheaper, and more reliable cross-border payments.
Malta-based cryptocurrency exchange, Binance, has added WeChat and Alipay as payment methods on its platform.