Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Forget BTC price: The Bitcoin mining boom is quietly going parabolic
Bitcoin (BTC) may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming.The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new records this week.Bitcoin mining difficulty, hash rate refuse to slow downBitcoin’s 2023 recovery has been about more than just BTC…

Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud
After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more. 4767 Total views 30 Total shares Turkish police have detained 62 people as they continue to investigate an alleged exit scam potentially affecting…

Belarus: High Tech Park Releases ‘Complete Legal Regulations’ for Cryptocurrencies
Belarus High-Technologies Park (HTP), a national special economic zone contributing to the IT business, has established the rules for the operation of the cryptocurrency market in the country, according to documents published by HTP Nov. 30.The regulatory documents define the requirements for various types of businesses related to cryptocurrencies and Initial Coin Offerings (ICO), as…

Kaspersky: Cryptojacking Increasingly Popular Attack Vector for Botnets
A new bulletin from Russian internet security company Kaspersky Labs published Nov. 28 states that crypto mining malware became increasingly popular among botnets in 2018.Stealth crypto mining attacks – also know as cryptojacking – work by installing malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.According to…

5 peer-to-peer (P2P) lending platforms for borrowers and lenders
Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending networks enable decentralized lending, in which people can borrow money from other people or institutions directly without the use of intermediaries, such as banks. Both borrowers, who can receive loans with flexible terms, and investors, who…

Crypto community remembers Hal Finney’s contributions to blockchain on his 65th birthday
The cypherpunk was one of the first people besides Satoshi Nakamoto to mine Bitcoin blocks, and reported many of the early bugs. 3061 Total views 27 Total shares It’s been more than ten years since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain, and his impact on crypto…

Otherside Metaverse demo kicks off with 4,500 participants: highlights
Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).The highly anticipated first trip occurred on July 16 and was open to Otherdeed NFT land owners, known as Voyagers, who have all snapped up tokenized land plots in the Otherside virtual…

Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves. In a Feb. 14 analysis, Matrixport's Markus Thielen suggested that Paxos Trust Company, the issuer of the Binance USD (BUSD), may not have been stringent enough with its oversight…