Swap – DIGIT INFO

Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

DIGIT — Fri, 27 Sep 2024 03:30:28 +0000

Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy […]

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Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

DIGIT — Mon, 10 Apr 2023 05:45:00 +0000

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex […]

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Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

DIGIT — Thu, 19 Jan 2023 01:30:57 +0000

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average […]

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Metamask Launches Ethereum Staking Services via Lido and Rocketpool

DIGIT — Fri, 13 Jan 2023 23:30:54 +0000

On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s […]

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French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

DIGIT — Mon, 31 Oct 2022 04:30:15 +0000

A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner Swap for Americans in […]

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Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments

DIGIT — Wed, 26 Oct 2022 18:00:51 +0000

Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments. Bitpay Reveals Polygon […]

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L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration

DIGIT — Thu, 01 Sep 2022 09:00:21 +0000

The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the […]

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L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31

DIGIT — Sun, 07 Aug 2022 07:30:46 +0000

On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says […]

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White paper introducing Jack Dorsey’s decentralized Bitcoin exchange published on Friday

DIGIT — Fri, 19 Nov 2021 22:24:27 +0000

It’s not a decentralized exchange in the truest sense of the word, but a peer-to-peer token swap platform under the oversight of Square.

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Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

DIGIT — Thu, 05 Aug 2021 12:30:59 +0000

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law […]

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