potential – DIGIT INFO

Top 5 books to learn about blockchain

DIGIT — Wed, 05 Apr 2023 11:07:00 +0000

Discover the fundamentals of blockchain technology, its use cases and its impact on various businesses through the top five books about blockchain.

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USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

DIGIT — Mon, 13 Mar 2023 02:30:26 +0000

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. […]

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Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

DIGIT — Sat, 11 Mar 2023 18:30:16 +0000

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI. Makerdao Proposes Changes to Limit Exposure […]

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Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds

DIGIT — Thu, 18 Aug 2022 11:30:33 +0000

Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts say, however, that Russia has the spare capacities to satisfy […]

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Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple

DIGIT — Sun, 24 Apr 2022 11:30:03 +0000

Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a lucrative opening for companies partnering […]

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Which Cryptocurrencies and Assets Will Remain Relevant in 2019?

DIGIT — Sat, 01 Dec 2018 12:00:17 +0000

Considering how the year 2018 has been very brutal for Bitcoin and altcoins alike, a lot of people show signs of desperation. Even though there is a genuine chance all markets will come out stronger, there will undoubtedly be some casualties as well. Any project thriving on hype rather than building an ecosystem will be […]

The post Which Cryptocurrencies and Assets Will Remain Relevant in 2019? appeared first on NullTX.

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Former Russian Economics Minister Sees Huge Potential for Cryptocurrency

DIGIT — Tue, 23 Oct 2018 05:30:46 +0000

Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. Despite his longer-term outlook, Gref also expressed his belief that cryptocurrency and distributed ledger technology still needs up to […]

The post Former Russian Economics Minister Sees Huge Potential for Cryptocurrency appeared first on Bitcoin News.

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