Binance Lists DigiByte (DGB) with ‘0 BNB’ Fee; “Big Win for the Future of True Decentralization”

Today, leading spot cryptocurrency exchange Binance announced that it is listing DigiByte (DBT) for “0 BNB.”

Trading for DGB/BTC, DGB/BNB, and DGB/BUSD pairs will be opened at 2:00 PM (UTC) on June 22nd, 2020.

“You asked for it, we listened. Had to filter through “some noise” on this one, lol. It would have happened sooner otherwise,” said Binance CEO Changpeng Zhao “CZ” about the listing.

In response to the listing, the price of DGB jumped 40% and is currently trading at $0.0217. The 34th largest cryptocurrency by market cap of $290 million is up 300% YTD but still down 85% from its all-time high.

Source: TradingView

DigiByte founder Jared Tate called this a “big win or everyone & the future of truly decentralized blockchain Tech.” He added,

“To my surprise & many others Binance freely listed DigiByte w/o any requests/ stipulations just as any exchange can do. No permission required. Thank you CZ, Binance team & DGB fam!”

DigiByte-twitter

Looks like Tate would be burying the hatchet now that DGB is listed on Binance after being in a months-long feud with Binance and CZ.

Just as recently as December, Tate has called CZ a “crook” along with Tron co-founder and CEO Justin Sun who acquired the cryptocurrency exchange Poloniex which then threatened to delist the cryptocurrency.

This feud first started in September when Tate took to Twitter to accuse Binance’s team of asking him $300,000 and 3% of all DGB to list the digital currency. But now, with “0 BNB” fees DGB is available for all the retail and institutional investors of Binance.

However, some are still questioning Binance’s move as the listing came just over a month after Tate announced that he is stepping down from handling the daily operations while accusing the crypto community of becoming “co-opted [and] eroded by greed.”

“Every day I see this tech being used to enrich the few at the expense of the long term good of the many,” he said at that time. He also warned that “the centralization of this industry will be its undoing if we let it.”

Ambroid-twitter-dgb-binance

“Was there pushback from Binance side towards the rest of the DGB team/inner circle? This might have been another hidden power move that shows how much influence Binance has over the cryptos listed on there,” questioned one Twitter user.

Read Original/a>
Author: AnTy

DigiByte Collaborates With Threefold Grid To Further P2P Decentralized Internet Capabilities

  • DigiByte onboards ThreeFold grid to enable their developers and communities to deploy Digibyte nodes on the peer to peer ecosystem.
  • The grid is now available to over 21 jurisdictions globally.

Peer to peer Internet firm, ThreeFold through a post revealed a partnership with DigiByte. They intend to harness Blockchain’s capabilities to promote a fully decentralized internet ecosystem.

They now seek to combine their efforts to launch user and developer projects on the peer to peer grid managed by ThreeFold. The developer community from DigiByte, now with access to the grid, allowing them to deploy their DigiByte nodes independently by utilizing smart contracts feature on the ThreeFold network.

The alliance has also urged potential contributors from DigiByte communities to take advantage of the grid’s potential for their own personal use. Laid down step by step procedures for launching the DigiByte nodes have also been provided on a ThreeFold forum

DGB-Threefold

DigiByte launched in 2013, has morphed to provide one of the most secure UTXO Blockchain thereby capturing a large following in the crypto communities. It is governed by the DigiByte foundation, a non-profit mostly ensuring that the decentralized nature of the Blockchain is upheld.

With their DGB currently trading at $0.018444 recording trading volumes of around $14,527,464 in the past 24 hours. There are about 13,183,077,253 DGB in circulation according to Coinmarketcap as per this writing.

DigiByte co-founder, Rudy Bouwman was particularly proud to work with ThreeFold according to his twitter post.

“The @DGB_Foundation is proud to be a partner to ensure further global decentralization.”

Having been live for almost two years the ThreeFold grid has extended its reach to global scales now covering over 21 nations. This year April they launched their ThreeFold Grid V2.0 supporting a min of 600 active nodes boasting bandwidth capabilities of over 40 million Gigs. Other partners now in their fold are HP, TomoChain and Stellar.

Founder recently step down from DigiByte Active management role

Notably, DigiByte Founder, Jared Tate recently stepped down, distancing himself from any direct contribution to the firm. In a series of tweets, he ranted about the main motivation of the majority of stakeholders being mere short term profits.

He was opined that the very beneficiaries of DigiByte should be able to give back citing individuals and organizations that have milked the DigiByte cash cow and yet never contribute to the growth of its ecosystem.

“All 90% of the people care for is cashing out when a coin “moons.” Its a primal force. I get that. But every day I see this tech being used to enrich the few at the expense of the long term good of the many.”

Read Original/a>
Author: Lujan Odera

DigiByte Skyrockets Up 285% In Last 30 Days, ‘No Surprise DGB Outperforming, It’s Undervalued’

The top performer among the top cryptocurrencies, DigiByte (DGB) is enjoying 13.75% gains today while trading at $0.0247. This level was last seen in September 2018.

This jump in the altcoin’s price has it gaining entry into the top 30 cryptos by a market cap of $317 million.

A modification of Bitcoin protocol, this cryptocurrency is up over 813% since the March sell-off during which DGB saw a decline of 66%. In March 2020, DGB made a fresh low from the 2018 peak and since then has been on an uptrend.

Currently, up 345% YTD, DGB is still down 83% from its all-time high of $0.141.

Comparing this ongoing rally to the 2017 and 2018 bull rally that added $1.6 billion to DGB’s market cap, DigiByte co-founder Jared Tate said, this one is different with a bigger network and ecosystem.

“DigiByte is not being manipulated, no P&D. We’re seeing sustainable organic growth. No large stake by a single entity, but a true distribution of wealth,” said Rudy Bouwman, co-founder and of DGB and Vice Chairman of DigiByte Foundation.

“What is happening now, should not come as a surprise. We all know DGB is undervalued and therefore now outperforming,” he added.

These gains have been achieved despite the cryptocurrency not being listed on top exchanges like Binance, Coinbase, Gemini, and others.

In the past, Tate had accused Binance and Coinbase of foul play and asking for money to list their cryptocurrency, which DGB couldn’t provide because of having zero funds as a decentralized project.

He explained in great detail about his dealing with Binance and not getting listed on the leading spot exchange.

He yet again most recently took to Twitter to share the “blatant deceit in the new & improved ranking of “mineable” coins” on CoinMarketCap, a crypto tracker site acquired by Binance in a $400 million deal for which the exchange has been receiving a lot of flak from the crypto community.

Founded in 2013, the altcoin is still available on over 100 exchanges such as OKEx, Bitfinex, Bittrex, Huobi, Upbit, and others. In the past 24 hours, more than $13 million worth of DGB exchanged hands, as per Messari and ranks 20th on the basis of this “real” volume.

Read Original/a>
Author: AnTy

Digibyte Blockchain Hits 10 Million Blocks Despite Poloniex Delisting Threats

Digibyte has made yet another significant milestone after its network hit the 10 million block mark! The UTXO built blockchain announced through its twitter handle on Dec 22 that it is still scaling to even higher heights given their community growth is on an upward trajectory.

Jared Tate, the Digibyte founder, also hyped this achievement through his twitter;

“A huge milestone! Over 10 million blocks now in the #DigiByte #blockchain in 6 years! Thank you all for keeping $DGB truly decentralized!”

This comes after a controversial streak which almost led to the delisting of DGB coin from Poloniex exchange. Digibyte’s founder, Tate, had earlier criticized Justin Sun and Cz Binance; both of whom are big stakeholders in crypto with the former being Poloniex affiliated.

The Digibyte Vs Binance Legitimacy Beef

At the beginning of December, Tate took to twitter showing his grievances on the crypto industry being hijacked by ‘crooks.’ He was referring to Changpeng Zhao, the Binance founder, who is currently a mogul within the crypto industry. Tate noted that he will not continue to pursue ‘meaningless’ listings for the DGB coin and would rather do other things than let his crypto experience be wasted by the likes of CZ.

Another altercation between Digibyte and Binance had occurred in September when Tate claimed that the crypto exchange had asked for $300,000 and 3% of the DGB digital currency as ‘insurance’ for prospective clients in order to list the cryptocurrency. The DGB coin has however continued to thrive especially within the Poloniex exchange despite earlier threats of delisting them for failure to meet their ‘standards.’

Read Original/a>
Author: Lujan Odera

Digibyte (DGB) Still Tradeable on Poloniex Exchange Days After Threatening To Delist It

  • Days after Poloniex announced it was going to delist Digibyte (DGB) following its founder’s criticism of of TRON’s Justin Sun as well as Binance, the crypto is still tradable in the crypto exchange platform.

According to Beincrypto, Poloniex had announced its intention to buy Tron but later removed the announcement from its Twitter account. The crypto exchange firm had stated that it was going to delist Digibyte from its platform but its now eight days later since their announcement and nothing has changed.

Rudy Bouwman, Digibyte Foundation vice chair, asked Poloniex to clarify the issue in a tweet account. Rudy also indicated that Digibyte was ranked 15th on the exchange on the basis of trading volume.

Poloniex did not give a substantive reason as to why it was planning to delist Digibyte only saying that the crypto does not meet its listing standards. In addition, the crypto exchange platform did not reveal it listing standards and why Digibyte did not meet them. The exchange has also failed to give any update on the matter after the delisting announcement. This has led to speculations that it is a punishment for the crypto’s founder criticizing Sun.

The delisting announcement has led to massive transfer of DGB assets from Poloniex. Recently, more than 100m DGB coins have been drawn from Poloniex. Despite the mass exodus, about 500m DGB coins still remain in Poloniex’s wallets. Majority of people within Digibyte community are urging more users to transfer their funds from Poloniex and make the exchange suffer more than the users.

Some DGB users and holders have expressed concerns that coins stored in Poloniex may be subjected to freezes or manipulation leading to future problems. To avoid this, the users are urging for quick withdrawals and transfer to other exchanges.

To date, Poloniex has remained silent on the issue after it issued the threats last week. It is anticipated that DGB could be delisted before the end of the year. However, their silence could be taken as a sign that they are rethinking their earlier announcement.

Read Original/a>
Author: Joseph Kibe