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This Week on Crypto Twitter: 11,000 Venezuelan Soldiers Bring Down Jailhouse Bitcoin Mining Operation

September 24, 2023
in Web3
Reading Time: 5 mins read
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Sluggish information made for excellent news as yet one more static week for the market has bolstered the sense that the costs of main cryptocurrencies have considerably stabilized this 12 months.

It was additionally a quiet week over on Crypto Twitter. It started with an enormous apology from crypto-friendly sport engine developer Unity after the corporate considerably revised its controversial Unity Runtime Price final week, a lot to the anger of builders over on social media. 

We’ve got heard you. We apologize for the confusion and angst the runtime price coverage we introduced on Tuesday induced. We’re listening, speaking to our crew members, neighborhood, clients, and companions, and shall be making modifications to the coverage. We are going to share an replace in a few…

— Unity (@unity) September 17, 2023

DeFi liquidity protocol Balancer was attacked on Wednesday for a quarter of one million {dollars}. Blockchain sleuth @ZachXBT tracked the eye-watering booty because it was getting drained. 

NFT collector @DoItBigChicago was very underwhelmed when the bodily counterpart of his Gucci/Yuga Labs collaborative NFT pendant arrived. 

NFT Statistics account @Punk9059 seen the hefty royalties accumulating to creators over on the brand new decentralized social token platform Good friend.tech.

One of many causes FriendTech has taken over your feed: complete charges paid to “creators” prior to now 10 days:

FriendTech: 4,090 ETHAll ETH NFTs: 610 ETH pic.twitter.com/9S8oe1dt71

— NFTstats.eth (@punk9059) September 19, 2023

A video of American software program developer and early Bitcoin pioneer Hal Finney speaking about zero-knowledge proofs 25 years in the past resurfaced on Twitter midweek. The footage is from the 18th annual Worldwide Cryptology Convention at College of California, Santa Barbara in 1998, aka “Crypto ’98”.

Dogecoin flipped Bitcoin for stability on Friday, reported Crypto Twitter information outlet @DeItaOne.

🔸Dogecoin Beats Bitcoin in Worth Stability Amid Crypto Buying and selling Lull

Volatility in dogecoin (DOGE), the most important meme cryptocurrency by market worth, has dwindled a lot that it now appears to be like extra secure than the digital asset business chief, bitcoin (BTC).

In accordance with…

— *Walter Bloomberg (@DeItaone) September 22, 2023

🔸Dogecoin Beats Bitcoin in Worth Stability Amid Crypto Buying and selling Lull

Volatility in dogecoin (DOGE), the most important meme cryptocurrency by market worth, has dwindled a lot that it now appears to be like extra secure than the digital asset business chief, bitcoin (BTC).

In accordance with…

— *Walter Bloomberg (@DeItaone) September 22, 2023

However undoubtedly the strangest story of the week broke on Thursday. In Venezuela, authorities found that inmates in one of many nation’s most safety prisons had been mining Bitcoin utilizing hundreds of ASICs. Stranger nonetheless, the police bust sounded extra like a full-scale invasion than a procedural operation, replete with 11,000 troopers. The loot they captured from the entrepreneurial felons included grenades, rocket launchers, sniper rifles and beforehand confiscated mining machines!

There have been bitcoin miners in some of the harmful locations in Venezuela👀

Just lately, we noticed an intervention in Tocorón, some of the recognized jails within the nation, by which the criminals had been in management.

Apart from all of the bizarre issues that they’d, they even had some bitcoin… pic.twitter.com/xEfZfj9NJN

— Javier ₿astardo 🏴‍☠️ (@criptobastardo) September 22, 2023

Tocoron el mejor ejemplo de la incapacidad de cúpula militar en los temas de seguridad. Ni la policía ni los componentes militares tienen municiones para entrenar pero los presos de Tocoron no tienen ese problema. En una celda se localizaron cajas de municiones de la FAB, además… pic.twitter.com/Da1ibcC5kc

— Iván Simonovis (@Simonovis) September 21, 2023

En Tocoron minaban sin problemas, tenían miles de equipos de minería , será que el decomiso en la operación caiga quien caiga estos equipos fueron a parar en el cárcel por parte de los mismo funcionarios. 👇 pic.twitter.com/5hlVMheJP2

— Juan 🇻🇪 (@BitcoinVES) September 21, 2023

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