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Lesotho’s Entire Payment System Reportedly Goes Offline After Cyberattack


The Central Bank of Lesotho recently confirmed that its payment system was attacked by unknown cybercriminals. The bank also acknowledged that the resulting downtime is making it “impossible for all local banks to honor inter-bank transactions in the country.” No Financial Loss Suffered...

Bitcoin’s Volatility Surge: $48 Million Liquidated in 24 Hours


Source: Adobe / Maximusdn The surge in volatility that followed the US Federal Reserve’s interest rate announcement on Wednesday caused some $48 million to be liquidated in 24 hours in the Bitcoin market. As of press time on Friday, Bitcoin (BTC) again traded just below the $43,000 mark, after...

Bitcoin gains as Fed hints at potential rate reduction


Bitcoin has crossed the 42k-dollar market after the US Federal Reserve decided to maintain the interest rate at 5.5%. The call was interesting, given that the job market and growth rate have slowed down. The Fed noted that inflation has eased despite exceeding its 2% target. Experts suspect these...

Bitcoin Price Prediction: FOMC Optimism & Spot ETF Buzz Lift BTC to $42,750


The digital currency landscape is abuzz as Bitcoin’s price soars to $42,777, marking a significant 4% increase on Thursday. This rally is buoyed by a wave of optimism following the Federal Reserve’s latest FOMC meeting, which indicated a dovish stance on future rate hikes, and sparked...

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