Noncustodial – DIGIT INFO

Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

DIGIT — Sun, 16 Oct 2022 09:30:13 +0000

According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added […]

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Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to Long or Hedge Bitcoin Cash Against a Myriad of Tradeable Assets

DIGIT — Mon, 03 Oct 2022 23:30:33 +0000

Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized […]

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Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry

DIGIT — Thu, 07 Apr 2022 20:14:39 +0000

BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday’s options expiry.

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Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

DIGIT — Sun, 05 Sep 2021 20:19:59 +0000

At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across […]

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Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months

DIGIT — Tue, 31 Aug 2021 20:30:00 +0000

On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users There’s no doubt that Metamask has been a popular Ethereum blockchain […]

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BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

DIGIT — Mon, 30 Aug 2021 12:30:50 +0000

On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations […]

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FATF’s Annual Crypto Review Highlights ‘Continued Use of Anonymity Tactics’ and ‘Lack of Effective’ Regulation

DIGIT — Fri, 25 Jun 2021 23:00:32 +0000

The Financial Action Task Force (FATF) has published the organization’s 12-month review and the research highlights that only 45% of the 128 reporting jurisdictions have complied with AML/CFT policy and FATF recommendations. The annual review stresses that the “lack [of] effective” regulation makes it “challenging for competent authorities to follow the transaction trail, buying more […]

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Developers Launch the First Hosted Noncustodial Payment Processor for Bitcoin Cash Payments

DIGIT — Mon, 29 Mar 2021 21:30:06 +0000

Bitcoin Cash proponents have recently been introduced to a new noncustodial payment processor called Prompt.cash. The platform provides merchants with a simple way to accept peer-to-peer electronic cash payments and can also generate a new address per invoice. Prompt.cash: A Hosted Noncustodial Payment Processor for Accepting P2P Electronic Cash A number of innovative applications that […]

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Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors

DIGIT — Mon, 01 Mar 2021 15:15:54 +0000

On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network. ‘The Untapped Power Behind the Concept of […]

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Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets

DIGIT — Sat, 20 Feb 2021 18:15:49 +0000

The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more […]

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