Crypto trading bot borrows $200M for a $3 gain
The bot made 0.019 ETH, worth approximately $33, but after deducting transaction fees of $28.76 and a $1 payment to the block builder, it was left with a profit of $3.24.
Source: cointelegraph.com
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Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain.
Source: benzinga.com
Tether treasury sends Binance $750M USDT in chain swap transaction
Tether’s treasury sent Binance $750 million USDT on June 12, per data from blockchain analytical firm Arkham Intelligence. The transactions were sent in three…
Source: biztoc.com
Optimism Says Ether $ETH Now Treated as Native Cryptocurrency Alongside $OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.
Source: coindesk.com
Coinbase Users Withdraw $600M in Crypto in a Day Amid SEC Lawsuits Against Binance, Coinbase
The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.
Source: coindesk.com