Research
Exchange Tokens: Neither a Great Investment Nor a Great Market Indicator
It’s surprising that, despite the success of their issuers, exchange tokens have not been more successful as investments, or as metrics of adoption in one of crypto assets' best-proven use cases, speculation.

10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey.

CoinDesk Q4 2019 Review: A Year in Suspended Animation
The CoinDesk Quarterly Review surfaces the key data, trends and events shaping the crypto markets. Check it out now.

Why Harvard Research on a Low-Profit Tezos Attack Matters for Proof-of-Stake
The study reveals some of the understudied aspects of proof-of-stake cryptocurrencies.

We Still Don't Know Bitcoin's Real Volume
CoinDesk Research analyst Galen Moore unpacks the differences in reported trading volumes from three major data aggregators.

Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute
Shanghai will open a blockchain research center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses.

Bitcoin Volatility Is Up, Liquidity Stagnant
If stability and liquidity are part of bitcoin's road to becoming a mature asset, 2019 has been a period of arrested development.

What Google's 'Quantum Supremacy' Means for the Future of Cryptocurrency
Quantum computing could break bitcoin. Here's how researchers from government and academia are trying to future-proof blockchain technology.

Crypto Finance Firm Circle Puts Research Offering on Hold
Cryptocurrency finance startup Circle has stopped its line of research reports saying it needs to reconsider the offering.

BIS Paper Makes Case for 'Embedded' Regulation in Blockchain Markets
An economist at the Bank for International Settlements has come out in favor of building regulation into blockchain-based financial markets.

