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$48K is now 'reasonable' BTC price target — DecenTrader's Filbfilb

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Bitcoin is bouncing back, and despite the risk of a pre-halving dip, BTC price action is on track for upside, Filbfilb says. Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says. In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his current thoughts on BTC price action. Filbfilb: Bitcoin has given "strong indicator" of bear market breakout Bitcoin has well and truly cemented its exit from a sub-$30,000 trading range, which characterized the market for much of 2023, Filbfilb believes. Having overcome a multitude of resistance levels, the question for Bitcoin bulls now is how price action will turn out into the halving. Due in April 2024, less than five months remains until the event, and Filbfilb argues that a “ reasonable ” bullish target could lie at just below the $50,000 mark. This echoes assumptions from his previous interview in early September, when ...

Hackers used fake job interview to trigger $37M CoinsPaid hack

A July hack that siphoned nearly $40 million from CoinsPaid, one of the world’s biggest Crypto payment providers, was reportedly triggered by a fake 40-minute job interview . Hackers working with infamous North Korean cybercrime collective Lazarus apparently spent months probing the Estonia-based firm’s systems and security before launching the attack. As reported by Bloomberg, the hackers posed as a recruiter and reached out to a CoinsPaid employee with a tempting job offer, supposedly on behalf of Singapore-based exchange Crypto .com. During the interview , the employee, instructed by the fake recruiter, downloaded a malicious file onto his work computer, believing he was about to take a technical test. Instead, money started to disappear from the CoinsPaid platform and despite the firm shutting down the hackers within a few hours, $37 million had already been leeched from its Crypto wallets . US-based JumpCloud hacked by North Korean gov’t group to loot crypto firms R...