Somewhat Stable Prices for Leading Cryptocurrencies
Another uneventful week in the cryptocurrency market has reinforced the idea that the prices of major cryptocurrencies have stabilized this year. This lack of volatility is seen as good news for crypto investors.
Unity Apologizes for Controversial Fee Policy
Game engine developer Unity issued a public apology after facing backlash from developers over its revised Unity Runtime Fee policy. The company acknowledged the confusion and promised to make changes to the policy based on feedback from its community and partners.
Balancer Attacked, NFT Pendant Disappoints
Liquidity protocol Balancer experienced a significant attack resulting in the loss of a quarter-million dollars. Meanwhile, an NFT collector expressed disappointment when the physical version of his Gucci/Yuga Labs NFT pendant fell short of expectations.
Royalties Accumulating on Friend.tech
The decentralized social token platform Friend.tech has been generating substantial royalties for creators. One Twitter account dedicated to tracking NFT statistics highlighted the significant fees paid to creators on the platform.
Hal Finney’s Crypto ’98 Talk Resurfaces
A video of early Bitcoin pioneer Hal Finney discussing zero-knowledge proofs at the Crypto ’98 conference resurfaced on Twitter. The footage offers a glimpse into the early days of cryptocurrency development.
Dogecoin Surpasses Bitcoin in Stability
According to reports from Crypto Twitter, Dogecoin has surpassed Bitcoin in terms of price stability. The meme cryptocurrency’s volatility has decreased significantly, making it appear more stable than Bitcoin.
Inmates in Venezuelan Prison Mine Bitcoin
In a surprising turn of events, authorities in Venezuela discovered that inmates in a maximum-security prison were mining Bitcoin using thousands of ASICs. The police operation to shut down the operation involved a massive deployment of 11,000 soldiers.
Hot Take: Stable Prices Reflect Maturing Market
The recent stability in cryptocurrency prices reflects the maturing nature of the market. With leading cryptocurrencies experiencing minimal volatility, investors can feel more confident in their holdings. However, unexpected events like the discovery of Bitcoin mining operations in a prison serve as a reminder that the crypto world can still be full of surprises.
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