Bitcoin sell pressure could ramp up after 49.7K BTC onchain move
Bitcoin price could drop under $94,000 again as crypto market sentiment turns negative for the first time since November 2024.
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China’s Central Bank Proposes a Blockchain-Based Trade-Finance Platform
The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. 564 Total views 16 Total shares A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform.Contributors included the People's Bank of China,…

Crypto losses to hacks exceed $313M in August
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.

Bitcoin mining has never been more competitive even as BTC loses 13% in August
Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs.Bitcoin seals biggest difficulty jum since start of 2022Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close.Both difficulty and hash rate are climbing, reflecting conviction among miners…

Missing ‘Bitcoin Millionaire’ and ONFO coin co-creator found dead: Report
The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor. 205 Total views 2 Total shares The co-founder of referral-based crypto project ONFO coin who went missing in Missouri on May 21, has been found dead around a week…

Yuga Labs acquires Tokenproof tech team for NFT R&D
Yuga Labs strengthens its NFT infrastructure with Tokenproof’s tech team, aiming to enhance accessibility and utility in the Web3 space.

Consumer watchdogs call for EU action on in-game digital money
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.

Nigerian officials proposed secret crypto settlement, claims Binance CEO
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.

$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn ‘Greedy’
Bitcoin price is consolidating into a tighter range as traders prepare for a third attempt on the $12K level. After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. This comes after a week of bullish news which included…