standard – DIGIT INFO

Circle launches ‘bridged USDC standard’ for deploying to new networks

DIGIT — Tue, 21 Nov 2023 16:02:22 +0000

Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.

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Working Group to Develop Efficiency Standard for Crypto Mining in Russia

DIGIT — Mon, 19 Sep 2022 09:00:50 +0000

Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining Facilities in 2023 A group of crypto specialists have teamed up to […]

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Search for fiat alternative ‘perfectly reasonable,’ says StanChart CEO

DIGIT — Thu, 14 Oct 2021 09:24:07 +0000

The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies.

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Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered

DIGIT — Wed, 08 Sep 2021 12:06:08 +0000

Experts agree that a $100,000 price tag for Bitcoin by the end of the year would also exponentially boost Ether’s price.

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

DIGIT — Mon, 18 Mar 2019 14:48:04 +0000

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market […]

The post While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations appeared first on Bitcoin News.

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Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume

DIGIT — Wed, 06 Mar 2019 14:40:30 +0000

Despite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]

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January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume

DIGIT — Thu, 31 Jan 2019 19:32:58 +0000

The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar […]

The post January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume appeared first on Bitcoin News.

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