Friday, June 14, 2024

Crypto spam bots go silent as Musk guarantees to prosecute scammers

by Jeremy

Elon Musk’s newest salvo in his struggle in opposition to crypto spam bots on Twitter seems to have made an actual influence, with the crypto neighborhood reporting an unlimited discount within the variety of bots responding to their posts. 

In a Dec. 11 submit, the Twitter CEO hinted that “bots are in for a shock tomorrow” and later defined that they’ve discovered a small variety of individuals behind a lot of bot/troll accounts and the platform will probably be shutting down IP addresses of “identified dangerous actors.”

He then adopted up by explaining that whereas scammers would possibly attempt different strategies to avoid the IP handle block, Twitter will probably be “shutting them down as quickly as they present up.”

Shibetoshi Nakamoto, the pseudonym of Billy Markus, co-creator of meme coin Dogecoin (DOGE), advised Musk in a Dec. 11 submit, “I made a take a look at submit and as a substitute of seeing 50 bot replies I solely noticed one a lot progress, very hype.”

Different customers additionally went to check Musk’s newest adjustments. PlanB, a Bitcoin (BTC) analyst and investor, posted a chart to see what number of bots would reply. On the time of writing, no responses from bots had proven up within the feedback. 

Ethereum co-founder Vitalik Buterin additionally famous that whereas “Twitter *appears* to be marginally higher to make use of these days,” he couldn’t inform if there had been a discount in bots because of Musk.

“No concept learn how to separate aside stuff Elon did vs crypto-winter vs my mind imagining adjustments that are not truly there,” he stated.

Some have reported that the bot responses nonetheless present up on posts, however are in a short time eliminated by the platform. 

Associated: ‘Twitter will do plenty of dumb issues’ within the coming months: Elon Musk

Twitter spam and rip-off bots have been a plague on the platform and have been seen by Musk as one among his prime priorities for Twitter after taking the helm in October.

In his newest submit, Musk additionally hinted that the platform will probably be aiming to take authorized motion in opposition to scammers on Twitter sooner or later, although didn’t supply any extra particulars.

“Twitter may also be shifting to prosecute scammers wherever on Earth,” he stated.