cryptocurrency
Forgetting a password is a pain, but it was a near catastrophe in this case when a man forgot the password for his Bitcoin wallet worth $3 Million! But after 11 years, security experts finally cracked the password, recovering his fortune and giving him immense relief. Per a report, security researchers have managed to recover a hefty sum of money by cracking a password to an inaccessible crypto wallet for 11 years. Electrical engineer Joe Grand, known online as "Kingpin", was brought in to crack the encryption on a file containing 43.6 BTC. The hefty sum of cryptocurrency was secured by a pass...
IBTimes
Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate; this is done to maintain a maximum limit of 21 million Bitcoin tokens. Around 19 million Bitcoin tokens are circulating, with the limit expected to be exhausted by 2140. The halving event plays a vital role in the Bitcoin market, often leading to a rally before the event. This year, prices were boosted by the U.S. Securities and Exchange Commission's decision to approve the launch of bitcoin exchange-traded funds (ETFs). Since their inception in January, these...
IBTimes
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