Forks – DIGIT INFO

Crypto Market Flatlines at $2.3 Trillion—Coingecko’s Q3 Insights Show Surprising Trends

DIGIT — Mon, 14 Oct 2024 21:01:21 +0000

According to Coingecko’s 2024 Q3 Crypto Industry Report, the global cryptocurrency market closed flat, ending the quarter with a $2.33 trillion market cap. However, the period saw considerable volatility driven by geopolitical and economic events across major markets. Q3’s Crypto Winners and Losers: Coingecko’s Report Breaks It Down Coingecko’s latest report highlights that the crypto […]

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Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

DIGIT — Tue, 03 Jan 2023 18:30:26 +0000

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch Since […]

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Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains

DIGIT — Sun, 25 Sep 2022 20:00:10 +0000

The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% […]

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Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower

DIGIT — Sun, 18 Sep 2022 15:30:08 +0000

Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it dropped significantly in value during the past few days. However, a lot of people are unaware that there’s another Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a small amount of hashrate and […]

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Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta

DIGIT — Sun, 20 Sep 2020 23:15:41 +0000

Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. There are three branches of Satoshi […]

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Privacy Altcoin Beam to Execute Second Hard Fork in June 2020

DIGIT — Wed, 22 Apr 2020 17:10:00 +0000

Privacy-focused altcoin Beam will execute its second hard fork on June 28, upgrading the network’s PoW algorithm from BeamHash II to BeamHash III

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Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash

DIGIT — Wed, 25 Mar 2020 21:30:05 +0000

On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility of receiving fiat currencies as well. Kobayashi’s […]

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What Are Altcoins and Why Are There Over 5,000 of Them?

DIGIT — Mon, 10 Feb 2020 06:25:05 +0000

According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that […]

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10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

DIGIT — Sat, 27 Jul 2019 03:14:33 +0000

On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS […]

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Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development

DIGIT — Sat, 20 Jul 2019 04:30:35 +0000

Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH. Also read: Indian Government Breaks Silence on Crypto Regulation BCH […]

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