Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.
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BTC price dips to test $48K ‘springboard’ for potential new Bitcoin bull run
A brief but timely reversal sees BTC/USD attempt to establish a firm foundation for its next stage of bullish upside. 943 Total views 20 Total shares Bitcoin (BTC) briefly fell below $50,000 to retest support on Sep. 3 in a "critical" move for determining bullish continuation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets…

Paxful denies reports of customer data leak
A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info. 333 Total views 6 Total shares An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has…

Ransomware Negotiations Revealed: Flattery and Empathy Works
Details of a week-long negotiation between the University of California and a NetWalker ransomware gang have been revealed by Bloomberg.The University’s School of Medicine was working on a vaccine for Covid-19 in June this year when seven of its servers were locked down by the hackers. Against the advice from FBI, the university took matters…

Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close
Things are looking up for Bitcoin bulls after the weekend delivers some much-welcomed relief after multi-week lows. 115 Total views 3 Total shares Bitcoin (BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC challenges $60,000Data from Cointelegraph Markets Pro…

Nigeria’s tax watchdog proposes comprehensive crypto
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset.

Baidu metaverse app would take 6 years for a full launch, VP says
Baidu’s metaverse app will not support digital currencies or NFTs despite its focus on digital infrastructure, VP said. 189 Total views 33 Total shares The Chinese internet giant Baidu doesn’t expect to fully launch its XiRang metaverse app soon despite the app’s initial would debut on Monday, according to a senior executive.Baidu vice president Ma…

Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault
Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors. 223 Total views 8 Total shares Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta under accusation of sexual assault on minors.Local news outlet Jakarta…

SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live
Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level.The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world's leading smart contracts platform. More bullish evidence came on Monday after Sam Bankman-Fried (SBF),…