BTC miners exit capitulation — 5 things to know in Bitcoin this week
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event. Go to Source Powered by WPeMatico
Month: August 2022
Average Bitcoin transaction fee drops under $1 as network difficulty recovers
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. Go to Source Powered by WPeMatico
Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto farm. Altai Resident Apprehended for Running Underground Crypto Mining Operation An … Read more
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue. Go to Source Powered by WPeMatico
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the … Read more
Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now
The 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. Go to Source Powered by WPeMatico
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group. Go to Source Powered by WPeMatico
Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam
Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it to take that measure. While the exchange issued an email statement informing customers it had been the victim of a vicious hack, now the company states the liquidity problems were the consequence of a listing … Read more
Australia’s new government finally signals its crypto regulation stance
Australian Treasurer Jim Chalmers said that his government will improve the way Australia’s system manages crypto assets and provide greater protections for consumers. Go to Source Powered by WPeMatico
Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs
The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers. Go to Source Powered by WPeMatico
