Monthly Archives: February 2021

Venture Capital Fund Yolo Invests in Digital Marketing Specialists eCartic

PRESS RELEASE. Tallinn-based venture capital fund Yolo Investments has announced a new investment in digital marketing company eCartic. 18th February 2021, Tallinn, Estonia – Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic. The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain. It successfully scales across a number of verticals, turning ideas into products by using its expertise in digital marketing and branding. It also builds and markets B2C products and services. […]

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Interview: Diego Gutiérrez Zaldívar And Building On Bitcoin

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week, on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with long-time Bitcoiner and co-founder of the RSK Bitcoin sidechain Diego Gutiérrez Zaldívar. RSK has been live on top of Bitcoin since 2018 and has been quietly building a fantastic ecosystem of wallets, decentralized order books, bitcoin-backed stablecoins and more. The projects being built on and enabled by RSK have been generating an incredible amount of hype in the Bitcoin community and they are all enabled […]

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Bitcoin trader explains why BTC outperforming Ethereum is just ‘simple math’

Bitcoin has been outperforming Ethereum in the past few days as one popular trader says this is a result of “simple math.” Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is “simple math” given the growing institutional demand for BTC.  BTC vs. ETH (orange) performance in February. Source: Tradingview While ETH is beating BTC in USD terms year-to-date, Bitcoin is gaining steam in February, […]

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The Graph adds support for Polkadot, NEAR, Solana and Celo

The global network of open APIs is expanding to support new layer 1 blockchains. Following its mainnet launch on Ethereum in mid-December 2020, The Graph has today announced that it is integrating Polkadot, NEAR, Solana and Celo. As reported, The Graph is a protocol that enables programmers to build Application Programming Interfaces, which it calls subgraphs, that can query and index blockchain data. Envisaged as an open alternative to existing blockchain analytics tools, it offers an infrastructure for accessing on-chain data from multiple blockchains, with the wider aim of […]

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Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet

According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges are currently quoting. The Impact of the CBN Crypto Order This spike in the premium charged on bitcoin follows the recent Central Bank of Nigeria (CBN) directive that targets cryptocurrency traders and exchanges. According to the CBN order, which became […]

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Taproot Activation Timeline Set, But Path Unclear

Earlier this week, Bitcoin’s development community met via Internet Relay Chat (IRC) to discuss Taproot activation paths and lay out an expected timeline for the privacy and smart contract flexibility upgrade. This was the second such activation meeting held through IRC. Though a tentative timeline was set, the meeting ultimately left the group divided on a main issue: How exactly to coordinate the upgrade. According to an expected timeline posted after the meeting on Bitcoin Wiki, Taproot could be activated by August 2022: March 17 to 31, […]

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Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?

Amid much fanfare, many algorithmic stablecoins have not been stable. Is the problem intractable, or it’s the just the algorithms that aren’t good enough? Amid the meteoric rise of decentralized finance in 2020, there was persistent interest in a class of coins popularly dubbed “algorithmic stablecoins.” Some of the more famous ones include Ampleforth (AMPL), Based, Empty Set Dollar (ESD) and Dynamic Set Dollar (DSD). While these tokens are commonly considered algorithmic stablecoins, the teams involved have their own definitions. For MakerDAO, an algorithmic stablecoin is one […]

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Another crypto firm hit with fines for violating U.S. sanctions

BitPay apparently screened merchants but not customers. BitPay will have to pay the U.S. Treasury’s Office of Foreign Asset Control over half a million dollars for crypto services to sanctioned regions.  In a Feb. 18 announcement of the settlement, OFAC said that BitPay had facilitated “approximately $129,000 worth of digital currency-related transactions with BitPay’s merchant customers” by users from Crimea, Cuba, North Korea, Iran, Sudan and Syria — effectively the full range of geographical sanctions that OFAC has in place.  OFAC repeated that crypto firms need to align themselves […]

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Nvidia Announced the CMP HX Dedicated GPUs for Professional Crypto Mining

The latest news from Nvidia are quite interesting for both crypto miners and gamers, as apparently the company is taking drastic measures to make gaming GPUs available to gamers. With the upcoming launch of the new GeForce RTX 3060 video cards on February 25th the company wants to make sure that the new graphics adapters will be available to gamers and will not be purchased in bulk by crypto miners. The video drivers for the RTX 3060 GPUs are designed to detect specific attributes of the Ethereum […]

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‘I’ve taken a neutral view’ on Bitcoin, says Bill Gates

“Bitcoin can go up and down just based on the mania or whatever the views are,” said the Microsoft co-founder. Microsoft co-founder Bill Gates is the latest prominent tech figure to seemingly try to stay out of the fray when it comes to questions about Bitcoin adoption. In an interview with CNBC’s Squawk Box this morning, Gates said he had neither invested in Bitcoin (BTC) nor wanted to make a prediction on any price movements. “I don’t own Bitcoin, I’m not short Bitcoin, so I’ve taken a […]

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