Bitcoin mining is about to get a little easier. After four consecutive difficulty increases, the next adjustment will likely see a nearly 5% drop. This means miners will find it slightly less challenging to solve complex mathematical problems and earn Bitcoin rewards. What is Bitcoin Difficulty? Bitcoin’s “difficulty” is a measure of how hard it…
A Bank of America customer, Justin Chan, is battling the bank after $38,000 vanished from his joint account with his sister. The money disappeared overnight due to a SIM swap attack. The SIM Swap and the Theft Hackers tricked Xfinity Mobile into transferring Chan’s phone number to a new device. This gave them access to…
New York State is giving away $2 billion to its residents as a one-time inflation rebate. This is the state’s first-ever program of this kind. Who Gets the Money? Over eight million taxpayers are eligible for the payments. The program targets those who filed taxes in the state, are not claimed as dependents on someone…
Coinbase’s decision to drop support for the Movement (MOVE) cryptocurrency sent its price plummeting to an all-time low. The move, effective May 15th, left many investors scrambling. Coinbase’s Delisting and the MOVE Price Drop Coinbase didn’t offer a specific reason for delisting MOVE. However, the decision comes shortly after MOVE faced controversy on another major…
Tether, the world’s biggest stablecoin issuer, is reportedly planning a return to the US market with a brand-new dollar-pegged cryptocurrency. This move comes as the company, currently based in El Salvador, aims to improve its image and cooperation with law enforcement. A New Image and a New Coin Tether CEO Paolo Ardoino confirmed the news…
Bitcoin is showing some serious bullish signals, suggesting we’ve hit a local bottom and a big price jump might be on the horizon. April ended strong, and analysts are feeling optimistic. Strong Buy Signals: The Charts Speak One expert, Titan Of Crypto, says Bitcoin has definitively bottomed out. Their charts show a super strong bullish…
Bitcoin’s price recently jumped above $96,000, a strong sign it might keep climbing. This breakout is significant because it passed a major resistance zone between $93,000 and $95,000. Many experts believe this zone was key to whether Bitcoin would hit six figures. Peter Brandt’s $150,000 Bitcoin Prediction Veteran trader Peter Brandt predicts Bitcoin will reach…
Kraken, a cryptocurrency exchange, recently foiled a sneaky attempt by a North Korean hacker to get a job at the company. It wasn’t your typical job application; it was a full-blown espionage operation! The Suspicious Applicant From the start, the applicant raised red flags. They used a different name on their application than on their…
Kuwait is taking a firm stance against cryptocurrency mining. The government is worried about power shortages, especially with summer approaching. Power Grid on the Brink The crackdown is happening because crypto mining is using up a huge amount of electricity. Authorities say this is causing blackouts affecting homes, businesses, and essential services. They’ve called it…
The Dogecoin Foundation and House of Doge are hosting a logo design contest! They’re looking for a killer logo for their race car that’ll be at the Indy 500. Designing the Future of DOGE Racing Dogecoin is hitting the Indy 500, and they need a logo to represent their racing team. This isn’t just for…
