Monthly Archives: February 2021

Bitcoin market cap briefly tops $900 billion

Bitcoin’s market cap was less than $100 million short of $1 trillion for a few brief moments today. Bitcoin is closing in on a trillion dollar market cap, with the total value of all Bitcoin crossing $900B for the first time today as the price hit new record highs. Bitstamp, one of the oldest Bitcoin exchanges still in operation, recorded a peak price of $49,000, resulting in a fleeting market cap of $912.69 billion. Bitcoin is currently priced at $47,250 per coin, up 5% over the last […]

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Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles

Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game. Microsoft and the company Enjin have issued Minecraft-compatible NFTs in order to celebrate the International Day of Women and Girls in Science. Minecraft-Compatible Non-Fungible Tokens The video game Minecraft is the most popular game today and the creators have sold 200 million+ copies since it was launched by Mojang Studios. According to the announcement, the latest blockchain-based items are meant to “champion women in science and […]

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Microsoft launches game to celebrate women in science — with Minecraft NFT rewards

Microsoft’s new game rewards players with NFTs that unlock secret games inside Minecraft. Tech giant Microsoft and blockchain developer Enjin have teamed up to release a game celebrating women in science that rewards players with Minecraft-compatible non-fungible tokens. “Azure Space Mystery” is an interactive, fictional online game designed to celebrate the International Day of Women and Girls in Science. Players work to save the International Space Station, and on completion they can claim a limited edition NFT. During gameplay, players will also learn about prominent European female […]

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Mobile money platform Pngme raises $3M to expand across Africa

The fintech firm hopes to expand financial products for the unbanked. Africa-focused but U.S. based unified financial data platform Pngme this week announced its successful seed funding round raised $3 million. The investment was led by Radical Ventures, Raptor Group, Lateral Capital, and EchoVC. It was actually closed in the third quarter of 2020 and came after the fintech startup raised $500,000 in a pre-seed round in 2018. The platform collects user-permissioned data through a partner’s existing mobile app using a one-click data-sharing feature which then delivers […]

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Opportunistic trader front-runs HydraDX’s Balancer LBP contract for $50,000

A cunning trader exploited Balancer’s LBP contracts to front-run HydraDX’s token offering for $50,000 before it officially launched. Polkadot-powered decentralized exchange HydraDX has raised roughly $22.86 million in just the second public token sale offered using Balancer’s Liquidity Bootstrapping Pool, or LBP. However, one opportunistic trader was able to front-run the offering by exploiting the fact that Balancer’s LBP contracts are deployed in “unpaused” status by default. HydraDX is a substrate-based DEX that will use a single “omnipool” to drive automated market-making on the platform. The LBP […]

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$50B wiped from Tesla after BTC buy — but MasterCard and Twitter surge

Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the cryptocurrency. Electric car manufacturer Tesla has seen more than $55 billion wiped from its market cap since announcing the purchase of $1.5 billion in Bitcoin four days ago — but Twitter and MasterCard have headed in the other direction. Since Tesla’s announcement on Monday, the electric car giant’s stock price has dropped 7% from $869.52 ($834.6 billion market cap). It is currently trading at $811.66 ($779 billion market cap). […]

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Belgium Energy Minister’s Twitter Account Hacked- Fake Ethereum Giveaway Advertised

The official Twitter account of Belgium’s Minister of Energy was the recent victim of a high-profile hacking incident. Tinne Van der Straeten’s profile was hacked to promote a bogus giveaway of ethereum tokens. Hacked Twitter Accounts Whoever was behind the incident changed the minister’s verified profile to “Ethereum Foundation” to make it look legit. First reports indicated that a fake giveaway of 50,000 ETH started to spread out over Van der Straeten’s account. But no tweets were seen at the time the minister’s staff restored the account. […]

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Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor

Andrew Yang has plans for New York City that cryptocurrency users anywhere would find appealing. Andrew Yang, the Democratic Party front-runner in the race to be New York’s next mayor said he would transform New York City into “a hub for BTC and other cryptocurrencies” noting the city to be “the world’s financial capital.” The former presidential candidate made the comment in a tweet earlier today which drew a flurry of mixed reactions, with some proclaiming it to be a campaign-selling maneuver and others equating it to […]

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First Bitcoin ETF approved in Canada

The approval makes it the first North American Bitcoin ETF. A Bitcoin exchange traded fund for investment firm Accelerate Financial has been approved in Canada. This makes it the first officially approved Bitcoin ETF in North America after the Ontario Securities Commission gav the green light for the institutional product. The decision document was approved on Thursday, Feb. 11, and covers the following territories; British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon and Nunavut. Accelerate Financial […]

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Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk

Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that absorbed more than 27% of the coin’s supply since February 6, 2019. This week, the dogecoin wallet with $3 billion worth of the crypto asset has been creating odd transactions with binary messages, further adding to the speculation that the address might be Musk’s wallet. Cryptic Binary Code, Elon’s Birthday, and Transaction Gibberish The cryptocurrency dogecoin […]

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