According to a study by the National Bureau of Economic Research (NBER), the top 10,000 individual investors in Bitcoin control about one-third of the cryptocurrency in circulation. Despite the growing popularity of Bitcoin, its ownership is still concentrated in just a few hands, the Time reported. Usually, it is difficult to determine the concentration of…

Mastercard Inc. and crypto firm Bakkt Holdings Inc. partnered to enable cryptocurrency card payments. Banks will be able to issue debit or credit cards that let people pay with Bitcoin and earn cryptocurrency as rewards. According to the WSJ, the companies announced the partnership to make it easier for banks, financial-technology firms, and merchants to…

DeFi, built on blockchain and legacy financial systems, is on the verge of clashing in one of the most tumultuous battles in economic history, writes Alex Shipp on Cointelegraph. On the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference since the start of COVID-19, reports came blazing in via a…