Crypto Ecosystem – DIGIT INFO

Crypto thrives in India despite ‘discouraging’ taxes — Local community

DIGIT — Thu, 28 Nov 2024 08:09:15 +0000

India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.

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Japan’s DMM Crypto shuts down Seamoon Protocol amid challenges

DIGIT — Mon, 18 Nov 2024 21:27:34 +0000

Just a few months ago, it was thinking about issuing a stablecoin. Now it’s unsustainable.

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Tron memecoin deployer ‘SunPump’ tops $1M in revenue 11 days after launch

DIGIT — Wed, 21 Aug 2024 06:07:44 +0000

After 11 days of operation — including a brief downtime — memecoin platform SunPump has helped create over 18,000 memecoins.

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Babylon Launches Trustless Bitcoin Staking Protocol on Mainnet

DIGIT — Tue, 20 Aug 2024 13:20:24 +0000

Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature. Bitcoin Staking Protocol by Babylon Goes Live Babylon‘s mainnet launch introduces a staking protocol that allows bitcoin […]

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Ethereum at 9: Industry leaders reflect on the ecosystem

DIGIT — Tue, 30 Jul 2024 14:16:07 +0000

As Ethereum celebrates its ninth anniversary, we reflect on its transformative journey and share nine key insights from leading executives.

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CryptoSlam founder says new SlamNet ecosystem aims to solve Web3 fragmentation

DIGIT — Wed, 24 Jul 2024 09:58:47 +0000

CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform.

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Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues

DIGIT — Fri, 21 Apr 2023 20:20:00 +0000

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in […]

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Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

DIGIT — Sat, 30 Jul 2022 10:30:10 +0000

Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a […]

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If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits

DIGIT — Thu, 11 Nov 2021 07:30:51 +0000

The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within the crypto ecosystem serves as a glaring reminder that cryptocurrencies and blockchain technology […]

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Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’

DIGIT — Tue, 05 Oct 2021 16:00:41 +0000

Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank said, “This is growing, this is mainstream, and it’s not just bitcoin.” Bank of […]

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