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Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again


Source: Adobe/Татьяна Палладина Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history. Bitcoin mining difficulty, or the measure of how hard it is...

Chainlink, Binance Coin Weekend Rally Stalls On Monday


On Monday, chainlink (LINK) and binance coin (BNB) corrected some of their gains gathered in a post-crash rally this past weekend. While BNB jumped by around 20% in a matter of three hours yesterday, LINK increased by 35% during the weekend. At pixel time, (11:28 UTC), LINK corrected some of...

SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap


SUSHI, the native token of a recently launched DeFi protocol, SushiSwap, recovered some of its losses after Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, agreed to take over admin keys to the protocol from Chef Nomi, the anonymous creator of SushiSwap. At pixel time (09:42 UTC), SUSHI...

Bitcoin and Altcoins Remain At Risk Of Further Correction


This past week, we saw a strong decline in bitcoin price below USD 11,000 and USD 10,500. BTC even dived below USD 10,000 briefly. It is currently (08:30 UTC) consolidating losses and facing many major hurdles on the upside near USD 10,350, USD 10,450, and USD 10,500. Similarly, most major altcoins...

'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report


Source: Adobe/Galina_lya Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering. "The authors observe that blockchain...

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