Today’s Top Crypto News – Wednesday 8/31/22

•Bitcoin Miners’ Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year – CoinDesk

“Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block.”

•Eurozone hits record inflation of 9.1% amid gas and energy crisis – CoinTelegraph

“Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.”

•Crypto Is Coming Back, Bankman-Fried Says – Bloomberg

“Sam Bankman-Fried, FTX CEO and co-founder, says crypto is coming back and he didn’t get nervous when Bitcoin hit $20,000 earlier this year. He speaks on “The David Rubenstein Show: Peer-to-Peer Conversations,” recorded on August 17 in New York”

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