fungible tokens – DIGIT INFO

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

DIGIT — Fri, 31 May 2024 21:11:55 +0000

Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid […]

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Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

DIGIT — Mon, 06 May 2024 14:45:59 +0000

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

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Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created

DIGIT — Tue, 16 May 2023 21:30:16 +0000

Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing users to explore its potential. Bitcoin Cash Upgrade Unleashes Token Frenzy and Infrastructure Support […]

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BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million

DIGIT — Wed, 03 May 2023 18:49:56 +0000

As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using Ordinals and a swelling market capitalization exceeding $95 million, this new […]

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