Bad actors allegedly tried to brute force their way into accounts belonging to Paxful’s users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months. During […]
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Over-exuberant investors have once again realized losses after rushing to trade the native token of Andre Cronje’s latest DeFi experiment. Yearn Finance creator Andre Cronje quietly published his third protocol to GitHub since August on October 19, dubbed Keep3r Network. Despite the lack of a formal launch announcement, and Keep3r’s documentation stating the protocol is […]
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Using weak seed phrases means instant loss of funds on the Bitcoin network. The concept of a blockchain “dark forest” has been popularized recently by Ethereum and the existence of front-running bots that will copy any profitable transaction pending for submission. The bots are able to assess if any given transaction that just entered the […]
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There’s a growing realization that social media has become a destructive influence. But can blockchain social media platforms really make a difference? Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary […]
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DeFi’s meme coins are causing a stir within the crypto community, as some call foul, others see the upside. In recent weeks, talk of hotdogs, sushi and yams has infiltrated the crypto industry. Such references, however, are not as they seem and actually relate to assets in the decentralized finance sector of crypto. Over the […]
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There has been a threefold improvement in the quality of data on crypto rankings site CoinMarketCap, according to a new report, but wash trading remains a thorny issue. The Blockchain Transparency Institute, or BTI, has published its market data integrity report for 2020. This report found a threefold improvement in the quality of data on […]
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Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot […]
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Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good? How to get involved? If using bots to automate your trades sounds like something you would be interested in exploring further, there are many resources available. You could certainly begin by digging into different […]
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Bots abound. Ethereum may be vulnerable to frontrunners according to Dan Robinson, a research partner with the crypto-asset investment firm Paradigm. Robinson said in a blog post, the design of Ethereum’s mempool, or a set of unconfirmed transactions, is where the vulnerability lies. He said arbitrage bots monitor pending transactions in the Ethereum mempool and […]
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Mirror Trading International is getting flak from regulators worldwide. A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities. According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on […]
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