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MEV bot on Solana rakes $1.7m in profit, Rebel Satoshi’s potential engages investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A Maximum Extractable Value (MEV) bot on Solana recently made $1.7 million from a Dogwifhat (WIF) trade.  The $1.7 million profit by MEV bot The bot executed a series of trades involving 703 SOL and 490,000 WIF, converting them back into 19,035 SOL.  MEV bots are automated algorithms that scan blockchain networks for profit able trading opportunities. They exploit price differences between exchanges and execute orders according to predefined criteria.  The MEV bot used the off-chain block space auction system developed by Jito Labs. This system enables traders to submit transaction bundles with bids for inclusion in Solana, improving transaction reliability and efficiency. You might also like: Solana ecosystem projects for exploration in 2024 The arbitrage opportunity emerged when a trader, “zeroxtrading....

Top Crypto Gainers Today Jan 25 – Nexo, SKALE, KuCoin Token, Stacks

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Today’s market movements show a mixed bag, with only 12% of tokens experiencing positive gains. OriginTrail takes the lead as the top gainer , boasting a 12.13% increase in the last 24 hours. Conversely, Siacoin is today’s biggest loser, plummeting by -24.77% over the same period. Biggest Crypto Gainers Today – Top List Based on the yearly outlook, Dogwifhat has significantly outshined others, showcasing an impressive gain of 7,463.84%. In contrast, ApeCoin is the worst performer, shedding -78.27% of its value in the past year.  2022’s standout coin , UMA, has gained 108.64% since the year began. However, Tellor has yet to fare as well, marking itself as the worst performer since the year’s inception, witnessing a loss of -64.29% of its value. 1. Ribbon Finance (RBN) RBN’s impressive session has earned a place among the top crypto gainers today. Ribbon Finance broke through a significant resistance level at $0.40, in a bullish trajectory to ...

AltLayer (ALT) token skyrockets 5,380% on Binance following airdrop and listing

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ALT token on Binance surged 5,380% from $0.006 to $0.3288 in minutes. AltLayer’s six-day farming schedule and airdrop preceded the explosive surge. Binance swiftly integrated ALT into Simple Earn and Convert, with plans for Margin, Futures, and Auto-Invest. In a staggering turn of events, AltLayer’s native token , ALT, witnessed an unprecedented surge on the Binance trading platform, skyrocketing by an astonishing 5,380% within minutes of its listing . This meteoric rise comes hot on the heels of a successful six-day farming schedule and a strategic airdrop, propelling AltLayer into the spotlight of the crypto world. The explosive rise of AltLayer (ALT) AltLayer’s ALT token, designed for decentralized rollups, opened for trading on Binance at a modest $0.006. However, the crypto asset defied all expectations, quickly reaching $0.3288 with a trading volume of $43.78 million in under one minute. Screenshot of AltLayer price on Binance ...

Legal expert accuses SEC of misleading the Court in Ripple case

Not long after the United States Securities and Exchange Commission (SEC) added more context to its motion to compel Ripple to produce financial statements for 2022 – 2023 and post-complaint institutional sales contracts, a legal expert accused the agency of misleading the court – again. Specifically, the lawyer and popular commenter on the years-long Ripple v. SEC case, Bill Morgan, said that the “SEC misleading the Court is happening far too often,” as he explained while quoting XRP influencer WrathofKahneman, who commented on the latest motion by the blockchain company, in an X post on January 25. The SEC misleading the Court is happening far too often. https://t.co/1Oh5doXj46 — bill morgan (@Belisarius2020) January 24, 2024 Setting the record straight Indeed, WrathofKahhneman was referring to Ripple’s motion to file a sur-reply to the SEC’s motion to compel it for the above information, as shared by defense attorney and former federal prosecutor James K...

Top Crypto Gainers Today Jan 24 – IOTA, NEM, Aptos, Helium

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Today’s trading moved on from yesterday’s quiet outing, with about a quarter (24%) of cryptocurrencies on the upswing. Dogwifhat steals the show as today’s top gainer had a 58.26% gain in the last 24 hours. Meanwhile, Siacoin takes a hit with an 11.53 % loss during the same period. Over the past year, Dogwifhat has stood out as the star performer, skyrocketing with a jaw-dropping 7,032.52% gain. Biggest Crypto Gainers Today – Top List UMA led the pack counting from 2022, boasting a solid 135.95% gain since the year kicked off. However, ApeCoin has been the worst performer in the last 12 months, witnessing a 77.42% decline.  Moreover, Brink’s, the trusted cash-handling company with a 164-year legacy known for its secure armored trucks, has recently moved into cryptocurrency. On Wednesday, the firm announced a strategic investment in BitGo , a specialist in safeguarding digital assets. 1. Manta Network (MANTA) Manta Network is currently pegged at ...

Video game Doom from 1993 game goes live on Dogecoin blockchain

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A developer named Mini Doge announced that he launched the 1993 game Doom on the Dogecoin blockchain . The game was launched using Inscriptions. A developer named Mini Doge announced that he found the 1993 game Doom inscribed onto the Dogecoin blockchain . Ð is for Dogecoin! Ð is for Doginals! Ð is for DOOM on Dogecoin! Now inscribed on Dogecoin blockchain forever! Play it now on-chain: https://t.co/Xhfqyktva5 or click on the "content" link for full screen with mouse support and mobile support! This game redefined… https://t.co/ysChvCSyrb pic.twitter.com/GWxZKQUfEe — Mini Doge (@minidogeart) January 22, 2024 The game also has support for full-screen mode, which also works with a mouse. To do this, follow the link in the Content section. Mini Doge warned that the first boot would take about a minute. To port the project, the developer used “inscription” technology; these are tokens based on the DRC-20 standard. When the client is deployed, all data is pulled direc...

OpenSea Reacts Swiftly to Secure User Assets Amid Ledger Connect Breach

Security breaches like the one involving Ledger Connect underscore the critical need for robust NFT security measures. Blur’s rise as a competitor challenges OpenSea’s dominance, reshaping the NFT marketplace landscape. OpenSea’s commitment to innovation and NFTs’ expanding use cases highlight the industry’s potential beyond digital art. A recent security breach involving Ledger Connect has sent shockwaves through the NFT community, leaving many enthusiasts reeling from substantial losses and raising serious concerns about the safety of their digital assets. Muro, a Bitcoin analyst, who lost a staggering $50,000 worth of funds alongside valuable NFTs, is a stark reminder of the need for heightened security awareness in the world of non-fungible tokens. WARNING Just got this email and clicked without thinking for a moment They got me in a moment of distraction. I realized right after connecting my wallet but it was too late Funds ...

Cryptocurrencies set to reach $100 in 2024

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While the overall cryptocurrency market is currently experiencing a short-term decline, there is optimism that most assets will likely recover in the coming months. Notably, bullish fundamentals, including events like the upcoming Bitcoin (BTC) halving and potential interest rate cuts by the Federal Reserve, contribute to this positive outlook. In anticipation of a potential rally, several projects show promise in reaching key support levels, notably around $100. In this context, Finbold has identified three cryptocurrencies likely to experience a surge towards the $100 mark. Solana (SOL) Solana (SOL), recognized for its high-performance blockchain technology, has gained significant traction in recent months despite facing the threat of a significant drop due to its association with the collapsed FTX exchange. Indeed, the cryptocurrency significantly recovered from late October 2023, surging to a high of $121 in late December. In December alone, the token recorded an impressive gr...

Trump bashes CBDCs again, cites pro-crypto candidate

In a recent rally at Laconia, New Hampshire, former U.S. President Donald Trump reiterated his opposition to the concept of central bank digital currencies (CBDCs). In a recent statement, former United States President Donald Trump reiterated his firm opposition to Central Bank Digital Currencies (CBDCs), vowing to prevent their launch. This stance aligns him with Vivek Ramaswamy, a pro-crypto candidate who has just suspended his campaign. Trump’s declaration on January 18th marks a significant moment in the ongoing debate around the future of digital currencies in the US financial system. I will never allow the creation of a Central Bank Digital Currency. Donald Trump JUST IN: President Trump says Vivek Ramaswamy told him about the dangers of a CBDC and promises to never allow it if elected. pic.twitter.com/JKjAGY18F2 — Watcher.Guru (@WatcherGuru) January 23, 2024 You might also like: A Trump re-election could mean ‘friendlier’ crypto laws, GOP lawmaker s...

3 cryptos to buy for 30x Easy gains

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Embarking on the exhilarating journey of crypto investment, the quest for substantial gains leads us to three standout contenders: Retik, Sei, and Cardano. In this dynamic landscape, where fortunes are made and paradigms shift swiftly, these cryptocurrencies promise not just growth but the potential for 30x returns. Retik Finance pioneers decentralized finance, Sei surges with innovation, and Cardano stands as a technological marvel. Brace yourselves as we delve into the distinctive features and developments that position these cryptos on the precipice of a financial revolution, offering investors a tantalising glimpse into the prospect of substantial gains. Retik (RETIK): Pioneering the Future of Finance Retik Finance has emerged as a trailblazer in the crypto-fiat bridging space, offering a comprehensive decentralized finance (DeFi) ecosystem. This platform aims to revolutionise the global financial landscape by closing the gap between traditional fiat applications and the worl...

$1 Launch price Option2Trade (O2T) Gains Influx of dYdX and Polygon Investors

Option2Trade (O2T) is a new AI and Web3 social trading platform for crypto, Forex, stocks and commoditities. The O2T presale is gaining momentum as investors eyeing best tokens under $1 flock to its presale. dYdX and Polygon are also showing bullish signs, but investors are showing great confidence in O2T. Crypto investors are turning to new crypto gems as they look to ride the most of the upcoming bull market. Option2Trade (O2T) , an AI-driven social trading platform currently in its presale phase, stands out as one of the top tokens under $1 in the market.  Is this altcoin set to challenge coins such as dYdX (DYDX) and Polygon (MATIC)?. Here’s more about Option2Trade. Option2Trade: The new AI social trading platform set to dominate market Amid the growing crypto investing market, new platform Option2Trade (O2T) is looking to bring a new age where traders can tap into the power of artificial intelligence (AI) to power their investing experiences...

Terra developer Terraform Labs files for Chapter 11 bankruptcy

Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws. In court documents filed on Jan. 21, the Singapore-based blockchain firm Terraform Labs disclosed liabilities ranging from $100 million to $500 million. Among the creditors holding the largest unsecured claims are Nansen CEO Alexander Svanevik of Standard Crypto and Ashley Swaren, a commercial lead at TokenTerminal Rasmus Savander. The filing will reportedly allow the firm to execute on its business plan while navigating ongoing legal proceedings, including “representative litigation pending in Singapore and U.S. litigation” involving the U.S. Securities and Exchange Commission (SEC), Terraform Labs said in a statement, according to Reuters. Following this news, the price of LUNA slid by over 5%, dropping to $0.62 according to CoinGecko data. You might also like: Crypto.com delists Terra ...