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.
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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.
An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain.
Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders.
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