Venezuela prison raid uncovers Bitcoin mining machines, weapons, and ammunition. An unusual discovery occurred in a raid on a prison in Venezuela when they found Bitcoin mining machines.
A surprise operation by 11,000 Venezuelan police and military personnel, which aimed to capture the criminal gang called Tren de Aragua with international branches in the Tocorón prison, located in the state of Aragua, resulted in the seizure of Bitcoin mining machines as well as weapons and ammunition. In addition to rocket launchers, grenades, and hundreds of rifle bullets.
According to an official government statement, although the discovery of weapons was expected in this operation, authorities also confiscated a significant number of Bitcoin miners, as reported by AFP on Thursday. Shocking videos shared on Twitter showed a building full of these Bitcoin and cryptocurrency mining machines.
A recent report reveals that the capitalization of Stablecoins has reached its lowest point since 2021
A recent report from CCData has revealed a marked drop in the market capitalization of stablecoins during the month of September, reaching its lowest level since August 2021, standing at $124 billion. Additionally, a significant change has been observed in the market share held by stablecoins within the general cryptocurrency landscape, decreasing from 0.2% to 11.6% as of September 18.
Among the 118 stablecoins analyzed, two of the most prominent, BUSD and FRAX, experienced the largest drops in terms of market capitalization within the top 10 group.
Coinbase could acquire FTX Europe to expand its presence in derivatives
Coinbase, the United States cryptocurrency platform, would be looking to expand globally amid increased regulation in its home country. In fact, it has been considering the possibility of acquiring FTX Europe, Fortune reported.
Coinbase would have considered acquiring FTX Europe due to the profitability of its derivatives business and the growth of its customer base. FTX Europe went up for sale after its parent company filed for bankruptcy last fall, according to reports.
Nansen Suggests Users Change Passwords After Third-Party Vendor Breach
Blockchain analysis firm Nansen has issued an urgent warning to its users. In which, it urges them to change their passwords due to a security breach caused by a third-party provider. As detailed by the CEO of Nansen, Alex Svanevik. On September 20, a security incident occurred at a third-party vendor that also provides services to Fortune 500 companies and is linked to Nansen.
It is reported that the attacker managed to access the administrator rights of a Nansen account, which facilitates customer access to the platform. Luckily, Nansen said that once they detected the unauthorized access, they took immediate action to stop it. And, they launched a thorough investigation to determine the magnitude of the violation.
