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 ...
WazirX Accuses Binance of Controlling WRX Tokens and Withholding IEO Profits
Indian cryptocurrency exchange WazirX said that Binance controls 580 million WRX tokens and also retains all profits from the initial exchange offer (IEO). "Binance is responsible for the quarterly burning of WRX tokens. The last WRX burn - th ...
Indian Exchange WazirX Claims Binance Controls WRX Turnover and Burning
The Indian exchange has issued a new statement It claims that Binance has full control of the WRX turnover and is responsible for the burning Anciently there was a heated fight between the companies Binance insists it has no links with WazirX ...
“Jaredfromsubway”: The Most Profitable and Controversial MEV Bot in the Ethereum Network
The software owner's revenue exceeded $40 million But he also paid $34 million for gas Till now, it is the highest-performing MEV bot His transactions occur in 60% of all blocks in the Ethereum network In April, fees in the Ethereum ecosys ...
Crypto Influencer Believes Meme Coins Will Eventually Be Worthless
Crypto-enthusiast and Influencer shares his opinion on meme-coins. From his point of view, their final value will be equal to zero, the exception may be Dogecoin. Ben Armstrong compared trading meme-coins to playing "hot potato". Armstrong advised his subscribers to prof ...
Cash App Reports $2.16 Billion in Bitcoin Sales in Q1 2023
Block, the company behind the popular investment app Cash App, reported a marked increase in bitcoin sales through the app. For the first quarter of 2023, volumes reached $2.16 billion. Trading volume increased along with the recovery of the first cryptocurrency, but the ...