Cointime

Download App
iOS & Android

DigiToads Emerges as a Safe Haven for Investors Amid Regulatory Challenges in Crypto Market

Investors are looking for safe investment options that offer potential growth and stability, and DigiToads (TOADS) is emerging as an attractive choice.

DigiToads is a fully functional meme coin that provides an engaging web3 game, financial incentives, environmental commitment, and a strong and dedicated community.

Ethereum and Ripple are facing increased regulatory scrutiny due to concerns surrounding DeFi projects and ICOs, while XRP is facing legal uncertainties related to its classification as a security. In light of these regulatory challenges,

DigiToads presents itself as a promising investment option with unique features such as P2E gaming, deflationary tokenomics, and community rewards.

Comments

All Comments

Recommended for you

  • Messari releases Fantom Q1 report: Market value increased by 101% month-on-month, DeFi TVL increased by 59% month-on-month

    Messari recently released the Fantom 2024 Q1 status report, with the following highlights:
  • Chairman of the U.S. SEC: The crypto market is a hotbed of fraud, and investors are not getting the necessary information disclosure on related assets

    According to CNBC, Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), stated in an interview that the SEC oversees $110 trillion in capital markets, with approximately half in the stock market and half in the bond and other markets. Cryptocurrency is only a small part of the entire market. However, it is a huge part of fraud, deception, and problems in the market, as most of the content in this field does not comply with securities law protection.The SEC cannot talk to any company, but in the field of crypto assets, without prejudging any of them, according to the US Supreme Court's interpretation, many tokens are securities under local law, so we comply with this law, and investors do not receive the necessary information disclosure about these assets.
  • CFTC Chairman: Cryptocurrencies face an inevitable wave of enforcement actions

    As the US Securities and Exchange Commission (SEC) continues to review participants in the cryptocurrency industry including Robinhood, Binance, Coinbase, and Ripple, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has warned that enforcement actions are on the rise. Behnam emphasized the lack of regulatory frameworks and transparency in the constantly evolving cryptocurrency industry, which he believes will inevitably lead to more cases of fraud and manipulation. Behnam expects a "cycle of enforcement actions" in the next six months to two years, driven by the rapid appreciation of digital assets and strong interest from retail investors. In addition, Behnam believes that without proper regulation, fraud and manipulation will continue to persist.
  • Vitalik Buterin proposes an alternative to EIP-3074

    Wallet Connect developer Pedro Gomes posted on X platform that Vitalik Buterin proposed an alternative to EIP-3074, which moves from opcode to transaction type methods. This new method benefits from using 4337 infra PLUS to reduce the risks for core developers. Wallet Connect also includes 7377 txn types for smoother migration of EOA to smart accounts.
  • US SEC Chairman: Crypto investors are not getting the proper disclosures they deserve

    Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), discussed topics such as cryptocurrency during an interview with CNBC on Tuesday. Gensler stated that the SEC regulates $110 trillion in capital markets, with approximately half being in the stock market and the other half in the bond market and other markets. Cryptocurrency is only a small part of our entire market, but it is a huge part of fraud, deception, and problems in our market because most of the content in this field does not comply with our securities law.
  • Binance Research: Total cryptocurrency market value fell 11.3% in April, and total supply of US dollar stablecoins reached a two-year high

    Binance Research released its April cryptocurrency market report, with the following key points:
  • Vitalik: Plasma can prevent double withdrawal of any asset in a self-consistent way

    Vitalik Buterin, co-founder of Ethereum, stated on X platform that the purpose of Plasma is not to prevent invalid/unavailable state transitions, but rather to allow users with valuable assets to exit using the previous (valid and available) state when such a situation occurs, in a way that prevents double exits of any assets with consistent rules.
  • CryptoQuant CEO: BTC needs to remain above $80,000 for miners to remain profitable after halving

    Bitcoin mining revenue significantly decreased in May due to the impact of the fourth Bitcoin halving event. On May 1st, the total revenue from block rewards and transaction fees reached a new low of only $26.3 million.CryptoQuant CEO Ki Young Ju calculated that, based on current conditions, Bitcoin needs to stay above $80,000 for miners to remain profitable after the halving. However, most miners have taken proactive measures to upgrade their mining equipment to lower long-term operating costs and remain competitive.
  • Chairman of the Russian State Duma Financial Market Committee: I do not support a complete ban on the circulation of cryptocurrencies in Russia

    Anton Gorelkin, Chairman of the Financial Market Committee of the Russian State Duma, said that he does not support a complete ban on the circulation of cryptocurrency in Russia. He explained in a post on Telegram that this restriction is not intended to ban the use of all cryptocurrencies, but rather to regulate the establishment of cryptocurrency exchange platforms within the legal framework of Russia. Anton Gorelkin also believes that the establishment of a legitimate cryptocurrency infrastructure in Russia is influenced by geopolitical realities, and this requires consideration of factors related to international relations. He further added that allowing such infrastructure may expose Russian companies to Western sanctions. In addition, Anton Gorelkin pointed out that this restriction may be lifted in the future, and users can still use foreign cryptocurrency exchanges and over-the-counter trading services as before. However, the impact on many over-the-counter cryptocurrency services in Moscow is still uncertain.
  • The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days

    The Ethereum developers held their 133rd ACDC conference call. First, they outlined the latest research on Ethereum protocol confirmation rules. Then, they discussed Pectra updates related to EIP-7547 and CFI states, and decided to put them on hold temporarily. They also updated the v1.5.0-alpha.1 specification. Regarding the implementation updates for devnet-0, most teams are making progress, but there are also some unexpected complexities. The goal is to complete devnet within 7-10 days.