On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin Difficulty Puts Pressure on Miners Bitcoin’s difficulty now makes it 3.58% more […] Source: https://news.bitcoin.com/bitcoins-all-time-high-difficulty-challenges-miners-as-revenue-falls/
While viewers and commentators might debate who won last night’s presidential debate between Donald Trump and Kamala Harris, Polymarket bettors hoping that they would reference Bitcoin under the national spotlight were undoubtedly losers. Bitcoin and cryptocurrency went unmentioned during Tuesday’s high-stakes matchup between the Republican and Democratic nominees, souring bets on crypto prediction market platform Polymarket in the process. Traders…
The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022. Source: https://cointelegraph.com/news/caroline-ellison-sentencing-recommendation-alameda-research-time-served?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptocurrency adoption is on the rise, and Web3 is quickly becoming the new frontier of digital innovation. Yet, despite the growing interest, one key challenge remains for users and businesses alike: the difficulty of converting traditional fiat currency into digital assets. This is where Fiat-to-Crypto (F2C) solutions come into play. Businesses looking to grow their user base and embrace the…
Critics say ETH is in a death spiral, with plunging fee revenue and extractive L2s. But researchers have a plan to Make Ethereum Great Again. Source: https://cointelegraph.com/magazine/simple-change-save-ethereum-roadmap-to-hell/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows […] Source: https://news.bitcoin.com/indonesian-crypto-exchange-hit-by-20-5m-hack-lazarus-group-suspected/
Decentralized exchange (DEX) PancakeSwap has introduced a new Telegram bot that allows users to make price predictions for BNB, the native token of the BNB Chain. The bot, launched on September 11, brings PancakeSwap’s existing prediction market functionality to the popular messaging platform. This follows PancakeSwap launching its prediction market in June. At the time, Pancakeswap’s pseudonymous product manager Chef…
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021. Source: https://cointelegraph.com/news/bitcoin-dismisses-cpi-print-daily-btc-price-losses-pass-3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside. Source: https://cointelegraph.com/news/bitcoin-bears-dominate-futures-market-price-dip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On […] Source: https://news.bitcoin.com/calm-markets-stocks-crypto-and-gold-show-little-movement-post-cpi/
