Monthly Archives: February 2021

South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual Transactions

South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of the South Korean regulatory bodies codified the measures announced last year on privacy coin listings. No Major Domestic Exchanges Can List a Privacy-Centric Crypto-Asset According to Electronic Times, the Financial Services Commission’s Financial Intelligence Unit (FIU) confirmed that all privacy coins would be delisted from the domestic cryptocurrency exchanges. The watchdog argued that difficulties in determining transaction details carry a high risk of […]

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Interview: Bitcoin In Nigeria With Ahyke Otutubuike

Listen To This Episode: Apple Spotify Google This episode of Bitcoin Magazine’s “Bitcoin In Asia” featured Ahyke Otutubuike, a technical writer and Bitcoin user based in Nigeria.  Nigeria has been in the news this month as its central bank issued a directive, prohibiting regulated financial institutions from dealing with cryptocurrency exchanges and companies that touch crypto, essentially unbanking them. Ahyke had a piece in Bitcoin Magazine this past week explaining the situation and adding context for Bitcoin’s place in Nigeria’s economy overall, he added additional analysis in […]

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MoneyGram suspends Ripple partnership, citing SEC lawsuit

“Due to the uncertainty concerning their ongoing litigation with the SEC, the company has suspended trading on Ripple’s platform,” says MoneyGram’s quarterly outlook. Global money transfer service MoneyGram says it has officially suspended its partnership with blockchain payments firm Ripple amid the latter’s litigation with the SEC. According to MoneyGram’s quarterly outlook, the company is “not planning for any benefit from Ripple market development fees” for Q1 2021. MoneyGram said it had a more than $12 million net expense benefit from Ripple in the same quarter last year. […]

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Long Blockchain Corp has officially been delisted by SEC

The beverage maker turned Bitcoin mining company has failed to file its financial reports with the SEC. Shares of Long Bitcoin Corp (LBCC), a beverage turned cryptocurrency mining company, have been officially delisted by the United States Securities and Exchange Commission, or SEC.  The company was ordered to delist its stock after failing for years to produce any financial reports. Long Bitcoin Corp’s last earnings report was for the quarter ending September 30, 2018, according to Bloomberg. Long Bitcoin Corp is registered in the state of Delaware, […]

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Cointelegraph launches Markets Pro crypto intelligence platform, powered by The TIE

The live beta test suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative. Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, is now available to the public following a successful live testing period. The platform, which has been in development for a year, is the result of exhaustive analysis of the crypto markets and the key drivers of asset price movements. It was developed jointly by Cointelegraph and The TIE, […]

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Researcher Finds an Old Twitter Profile May Have Been Satoshi Nakamoto’s Account

On February 22, 2021, an author published a post on substack.com about an anonymous Twitter account that may have belonged to the mysterious Satoshi Nakamoto. The researcher discovered a Twitter account dubbed ‘Goldlover,’ and found some interesting coincidences with the account’s tweets and Bitcoin’s creator. The Curious Goldlover Tweets An author called Varun published an interesting analysis of a specific Twitter account that may or may not belong to Bitcoin’s creator. Varun said in his research analysis that he stumbled upon the Twitter account called ‘Goldlover,’ and […]

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Nvidia GeForce RTX 3060 is Indeed Limited for Crypto Mining

It seems that Nvidia did manage to keep their promise to make the new GeForce RTX 3060 GPU limited for crypto mining and thus widely available for gamers as with reduced performance it will not be attractive for miners. We got some sound information regarding the actual performance for mining use for the new GeForce RTX 3060 that is expected to be available starting February 25th or in just a few days. According to Nvidia the new video drivers for the RTX 3060 GPUs are designed to […]

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3 Bitcoin price metrics show bulls were not fazed by today’s $1.6B liquidation

Today’s $1.6 billion Bitcoin liquidation event might have flushed out some over-leveraged retail investors, but the overall market is still positioned in favor of bulls. Bitcoin’s (BTC) sudden $11,500 drop liquidated more than $1.64 billion worth of BTC futures contracts. This massive figure represents 8.5% of the total $19.5 billion in open interest, which coincidentally had just reached its all-time high. Although these are significant figures, they were proportionally lower than the $1 billion futures liquidation on November 26, 2020. At that time, the 16% correction that […]

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Can’t beat ‘em? Join ‘em: Mastercard and Visa make a case for Bitcoin

Mastercard is set to open the shop doors to crypto as a means of payment in 2021, but it will likely be a challenge for the firm. On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while opening up new opportunities for merchants as well.  The announcement followed a presentation on Jan. 30 in which Visa reaffirmed […]

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Using Stowaway, A Privacy-Enhancing Tool From Samourai Wallet

Animated cover image by @artdesignbySF. When it comes to defensively guarding the privacy of Bitcoin users, Samourai Wallet has been on the bleeding edge for many years, bringing new features and improvements to users that help achieve anonymity through Whirlpool, its CoinJoin implementation, and to maintain privacy with spending tools like Stowaway, Stonewallx2, Ricochet and PayNyms. Samourai Wallet is also the only Bitcoin wallet to date that has implemented BIP 47.  Additionally, it recently implemented the app-agnostic, Tor-based communication layer Soroban. Soroban brings tremendous UX improvements to […]

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