Sandwich Bots: Automated Programs Exploit Cryptoassets, Raising Concerns in the Cryptocurrency Community
Automated programs called "sandwich bots" have made millions of dollars by bypassing profitable orders to buy popular cryptoassets. Successful "sandwich bot" attacks first became widely known in 2021, thanks to a study by Eden Network. With the help of special bots, an ...
Allegations of Fraud and Stolen Funds Surround DeFi Project Fintoch
DeFi project Fintoch was accused of. that it may be a pyramid scheme, and its creators stole $31.6 million from users. This was reported by blockchain researcher @ZachXBT. Millions of users were withdrawn to BNB Chain (formerly Binance Smart Chain) via Tron and Ethereum n ...
Warning: Scammers Flood Crypto Market with Fraudulent Memtokens
PeckShield reports that observations by its experts show that a series of scams involving the launch of about 24 memtokens have occurred in the past ten days. PeckShield analysts warn cryptoinvestors, who succumbed to the urge to earn on the rush of memtokens, of the dang ...
Controversy Surrounding $LADYS Token: Trading Practices, Insider Information, and Blocked Addresses
The top ten holders of $LADYS, excluding exchanges, hold more than 180 trillion memcoins, accounting for nearly 20% of the total market supply, according to the Lookonchain Network Observer. Some traders' addresses have been blocked and blacklisted due to suspicions that ...