operators – DIGIT INFO

SSV.Network Achieves Milestone With Permissionless Mainnet Launch, $SSV Token Surges

DIGIT — Wed, 10 Jan 2024 23:02:22 +0000

In a significant development, the SSV.Network has launched its permissionless mainnet, marking a crucial step forward for the decentralized staking network. The SSV.Network distinguishes itself by leveraging Distributed Validator Technology (#DVT), a decentralized and open-source staking model. DVT ensures an additional layer of security and resilience by distributing the operations of a single Ethereum validator across multiple non-trusting nodes. This innovative approach minimizes the risks associated with centralization and operational vulnerabilities commonly found in traditional staking solutions. Participants in the SSV.Network can earn rewards in ETH by staking on this decentralized platform. As SSV is a fully permissionless protocol, every

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Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

DIGIT — Sun, 19 Mar 2023 05:30:28 +0000

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut down. The hacker was able […]

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Bank of Russia Registers Another Digital Asset Issuer

DIGIT — Mon, 13 Mar 2023 05:30:35 +0000

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number of Licensed Digital Asset Issuers in Russia Grows to Five The Central […]

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Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

DIGIT — Wed, 11 Jan 2023 22:00:51 +0000

Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved […]

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Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments

DIGIT — Mon, 18 Apr 2022 10:30:36 +0000

Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms operating with digital assets. Russian Citizens Who Don’t Pass Test to Buy Only $600 Worth […]

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10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline

DIGIT — Fri, 24 Sep 2021 16:00:25 +0000

Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Korea’s Financial Intelligence Unit (FIU) is […]

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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

DIGIT — Wed, 30 Jun 2021 07:00:25 +0000

Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads for Hydropower Plants Appear on Xianyu Marketplace Advertisements for […]

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Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets

DIGIT — Wed, 16 Sep 2020 21:34:45 +0000

On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created a “complex drug delivery system” inside Russia and throughout various countries in Europe […]

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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

DIGIT — Sun, 16 Feb 2020 01:54:22 +0000

ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash, […]

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Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies

DIGIT — Wed, 09 Jan 2019 05:30:28 +0000

The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their taxes in those currencies. The decree states that the change is necessary for the “strengthening of the current fiscal regime.” Also read: Indian Supreme Court Moves Crypto Hearing, […]

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