Tether, the issuer behind the leading stablecoin Tether (USDT), has blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week. The address in question exploited a bug in the MEV-boost relay to outsmart the MEV bots trying to execute a sandwich trade. Sandwiching occurs when […]
China’s AI unicorn SenseTime has unveiled its cutting-edge rival to hugely popular OpenAI’s ChatGPT. Chinese artificial intelligence (AI) firm SenseTime, backed by investors such as Alibaba Group Holdings and Japan’s Softbank Group Corp, has seen its shares surge by as much as 11%, as reported by Reuters. SenseTime was established […]
Polkadot (DOT) enthusiasts may be in for a bullish week as healthy demand for the cryptocurrency is observed in the futures market, according to a recent tweet by Huobi. With a 24-hour trading volume of $162 million and a market capitalization of over $7.7 billion, Polkadot’s rally is showing no […]
February’s round of legal expenses for bankrupt crypto exchange FTX has been published, and it remains a scary figure for debtors. A series of court filings from April 4 to April 10 detailed the monthly fee statements for February of the law firms involved with FTX’s bankruptcy proceedings, which come […]
Open Exchange (OPNX) has claimed to have experienced a massive surge in trading volume and has joked about its dismally low volume on its opening day. According to an April 10 tweet by OPNX, its day one trading volume on April 4 hit a total of $13.64 but has since […]
Bitcoin (BTC) has been on a remarkable run during the first quarter of 2023, with a year-to-date increase of 69%. Bitcoin is trying to break its consolidation level and surpass its nearest resistance to breach the long-awaited $30,000 psychological level, which will introduce a new normal to the market and […]
As the crypto industry continues to evolve, Binance.US is facing a critical challenge that could impact the future of the Binance Coin (BNB). The prominent American subsidiary of Binance Exchange is currently in search of a reliable banking partner, leading to growing concerns among BNB investors about potential price drops. […]
After Danish logistics firm Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on blockchain applications in global trade. Hong Kong-based Global Shipping Business Network (GSBN), a nonprofit consortium focused on blockchain trade applications, is bullish on blockchain as a crucial logistics tool in […]
On-chain data shows the Bitcoin circulation rate has continued to be low recently, something that may be bad news for the current BTC rally. Bitcoin Circulation Has Remained Low Despite Recent Price Surge According to data from the on-chain analytics firm Santiment, 105,000 BTC is moving per day currently. The […]
For the seventh time in the last three weeks, Bitcoin has been rejected at the resistance area of $28,600. Analysts are therefore divided on whether the Bitcoin price is on the verge of another capitulation or whether the bears are running out of steam and the breakout above $30,000 is […]
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