Data from BTC.com shows that Bitcoin mining difficulty has jumped by 9.26%, the largest increase since January of this year.
| August 31, 2022 | August 31st |
| | | 📈 30 Second Cryptocurrency Price Summary |
| Bitcoin price continues to range around the $20,000 mark, as it approaches a crucial decision point in the market. |
| Top-20 altcoins look relatively stable, as Ethereum rises 2%, BNB remains unchanged and Polygon leads with a 3% advance. |
Top Stories for August 31, 2022 🔥 |
| Data from BTC.com shows that Bitcoin mining difficulty has jumped by 9.26%, the largest increase since January of this year. The move indicates increasing competition (but also a reduction in individual profits) for miners on the network. |
| On the plus side, the rise has also been accompanied by a 12% improvement in hash rate, which means a more resilient and secure blockchain. |
| Inflation has reached a record 9.1% for the Eurozone, an increase from the 8.9% recorded in July. The figure comes amid soaring energy, gas and food prices, as the crisis continues in Ukraine. |
| The increase is the ninth month of rising inflation in a row for the area, which consists of 19 different European countries. Energy prices have had the largest impact, up by an annual rate of more than 38%. |
| Event ticketing giant Ticketmaster has chosen Dapper Labs' Flow blockchain for NFT ticketing, following a successful six-month pilot program. |
| The program involved Ticketmaster issuing ticket NFTs as memorabilia to attendees of specific events, including Super Bowl LVI. More than five million NFTs were minted during the period. |
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