Crypto.com It has a report “Sizing the Cryptocurrency Market” released, which is considered a leading indicator of global cryptographic adoption. Analysis by industry-leading research team Crypto.com showed a 178% increase in crypto users in 2021. That’s the total of nearly 300 million people who discovered crypto for themselves by the end of last year. The report predicts that the number of cryptocurrency users will exceed one billion by the end of 2022.
Crypto.com’s report looks at the fundamental events of the crypto space in 2021. In addition to electricity manufacturer Tesla, credit card provider Mastercard is also known for efforts to adapt to crypto. Events like the ₿ Word conference have also helped bring cryptocurrency to the attention of the general public. El Salvador has also made a fuss with its bitcoin policy.
While some crypto giants have speculated that Ethereum will eventually become Bitcoin As the main cryptocurrency can replace, the report clearly sees Bitcoin as the most important driver of growth in the crypto space. The introduction of Ethereum 2.0 cannot change that. The Crypto.com report attributes the weaker role of Ethereum in the development of cryptocurrencies to the mainstream to two factors. These include the emergence of alternative ecosystems that are direct competitors to Ethereum, such as Terra and Avalanche. Layer 2 solutions that move assets from Ethereum to other chains will also stand in the way of further distribution.
Just last week, cryptocurrency exchange Crypto.com had one Withstand pirate attack, which has hit the wallets of 483 Crypto.com users so far. The total amount of damages is currently about 33 million US dollars. in one Interview by Bloomberg However, Crypto.com CEO Chris Marsalek made it clear that customer deposits were never in danger.
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