Here is what occurred in the world of cryptocurrency today

 Do you need to know the latest crypto news? Here is the most recent information on daily trends and occurrences that affect the price of Bitcoin, blockchain, DeFi, NFTs, Web3, and cryptocurrency legislation.

About a lawsuit over a mining data center, cryptocurrency mining operator Core Scientific and former cryptocurrency lender Celsius have agreed to a $45 million settlement. The Bitcoin miner that received 19.8 Bitcoin BTC is still at it. counts down^$26,486 Research indicates that North Korea-linked hackers have so far taken $340.4 million in cryptocurrency from Paxos in unintentional fees, but Paxos has restored the cash.

Celsius and Core Scientific reached a settlement of $45 million.

Core Scientific, a crypto miner, and Celsius Network have agreed to resolve a legal issue, subject to court permission.

On September 15, Core Scientific declared that it had reached a deal with Celsius to sell a Bitcoin mining data center for $14 million in cash, ending "all existing litigation." The data center was worth about $45 million.

Core Scientific and Celsius's proposed agreement as of September 14th. Author: Stretto

Since Core Scientific claimed that Celsius failed to pay its debts in October 2022, the two businesses have been involved in a legal dispute. In the meantime, Celsius alleges that Core Scientific failed to carry out its obligation to deploy mining equipment.

Oddly enough, both businesses declared bankruptcy last year, at the height of the bear market for cryptocurrencies. In the Celsius case, several executives were subject to felony prosecution. Alex Mashinsky, a former CEO who was detained in July, has pleaded not guilty to allegations of fraud and market manipulation.

Miner reimburses Paxos for an excess of $500,000 in Bitcoin transaction fees.

After Paxos claimed that it had paid more than $500,000 in BTC transfer fees in error, the Bitcoin miner who had received the 19.8 BTC in fees demanded a return of the money.

F2Pool has sent the 19.82108632 BTC fee overpayment back to Paxos https://t.co/IB32RNq5uO

— mempool (@mempool) September 15, 2023

 On September 10, a BTC transaction that paid about $500,000 in fees to move $2,000 shocked the crypto community because the typical network charge was around $2. Some people claimed that the transaction was carried out by copy-copying data and unintentionally pasting an output into the charge box without checking.

Paxos declared on September 13 that it possessed the server responsible for the transfer. Following its assertion, the business gave its customers the reassurance that their money was secure and belonged to Paxos. The business also made it clear that PayPal was not complicit in the blunder and acknowledged that it was its own mistake.

After agreeing to refund the money to Paxos, the Bitcoin miner who had received it vented his dissatisfaction on X (formerly Twitter) almost a day after Paxos' claims. When the miner polled its X supporters to choose what they would do in its place, the majority decided to simply send the funds to further Bitcoin miners. This counsel, however, doesn't seem to have been followed. Mempool, a Bitcoin explorer, revealed blockchain evidence that demonstrated that the cash was indeed recovered on September 15.

Transaction fee errors costing thousands of dollars have occurred in the past. In the past, in 2019, a user of Ethereum lost about $400,000 in ETH. counts down ^ $1,635 after entering values in the incorrect fields by accident. Fortunately, the Ethereum mining pool Sparkpool was able to assist the user in recovering half of the lost money.

In 2023, North Korean hackers had already stolen $340 million.

As of September 14, 2023, $340.4 million in cryptocurrency had been stolen by hackers with ties to North Korea, according to analysis from the blockchain security company Chainalysis.

Even though the amount is 80% less than the $1.65 billion the hackers stole in 2022, the company has cautioned the industry that the risk still exists.

In a report released on September 14 by Chainalysis, the company stated that "the fact that this year's numbers are down is not necessarily an indicator of improved security or decreased criminal activity." "We must keep in mind that 2022 set an appallingly high bar."

Experts warn DPRK uses stolen crypto to fund nuclear weapons programs. The cooperation between DPRK and Russian cybercriminals that we see above is disturbing, as Russian exchanges generally don't comply with law enforcement efforts to recover funds. https://t.co/mzBHpeqLql

— Chainalysis (@chainalysis) September 14, 2023

Vice President of investigations at Chainalysis, Erin Plante, told Cointelegraph that cryptocurrency companies should concentrate on educating staff members on how to avoid social engineering scams used by these hacking groups.

"Sophisticated social engineering tactics that take advantage of the trusting and careless nature of human nature to gain access to corporate networks has long been a preferred attack vector with North Korean-linked hackers in particular," he said. Teams ought to receive training on these dangers and symptoms.

 What do you think about this story? Comment below with your thoughts and let us know what you think.