‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto ecosystem that will play a vital role in ensuring smooth communication and interaction…

Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside. 536 Total views 23 Total shares Bitcoin (BTC) is more likely to be at the start of a new bull market than at any time since 2016, new data covering investors…

Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13.Total crypto market cap in…

NetWalker continued to launch ransomware attacks to the healthcare sector during the COVID-19 pandemic. 1234 Total views 33 Total shares Crozer-Keystone Health System recently suffered a ransomware attack by the NetWalker ransomware gang. The gang is now auctioning the system’s stolen data through its darknet website. If it is not purchased at auction within six…

Decentralized social media platforms could provide the potential for users to own their content and data, and make decisions about monetization. 249 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with…

Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12.Apart from the three oil companies mentioned above, Vakt includes banks ABN…

Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. 90 Total views 3 Total shares Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused…

Georgia has exempted cryptocurrencies from value-added tax (VAT), as Bitcoin.com reported on July 13.Per the report, Georgia’s finance minister Nodar Khaduri recently signed a bill aimed at regulating the taxation of entities that trade or mine cryptocurrencies. The bill entered into force at the end of June. The definition of decentralized currency that the bill…

True decentralization will take time, U.S. presidential candidate Brock Pierce suggests, citing DeFi as a crucial stepping stone towards this end. 1427 Total views 10 Total shares U.S. presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near future. He told Celsius founder and…