MRGN Research’s Ben Coverston says the Solana-based MEV bot has made an active effort to date to keep a low profile. The infamous maximal extractible value (MEV) sandwich bot known as “arsc” has pocketed around $30 million from Solana users in the last two months through MEV attacks. An MEV sandwich attack occurs when an…
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ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils. Ethereum zero-knowledge layer-2 scaling platform zkSync has continued to defend criticism over the criteria for its zkSync (ZK) token airdrop, slated to launch on June 17. In a frequently asked…
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Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team. MAGA (TRUMP) and other Donald Trump-related memecoins fell more than 30% amid rumors that Donald Trump’s team launched a “official” token on Solana. “Per conversations, Trump is launching…
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The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million. The majority of celebrity-backed tokens that launched last week, including JENNER, DAVIDO, and RICH, have tanked at least 66% since peaking — though one token bucked that…
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Bitcoin price above $72,000 would liquidate $800 million worth of leveraged shorts, making it a significant resistance level for BTC. If the price of Bitcoin reaches $72,000, it would act as a “fuse,” triggering the breakthrough of the $75,000 psychological barrier. Bitcoin hitting $72,000 would spark a wave of mass liquidations, paving the way to new…
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The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue. There are almost nine times as many daily active users in the Ethereum ecosystem as there were just four years ago — and analysts say the increasing demand is set…
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Bitcoin market commentators are increasingly confident that BTC price action is building a breakout, which will make history. Bitcoin heads into June in fighting form as an early push puts key resistance back in play. Bitcoin price momentum is targeting $69,000 as TradFi markets return to the scene — will this week finally see a breakout? This…
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Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction. Bitcoin may soon find itself at a critical price crossroads as its average price across three different time frames has now fallen within a tight cluster — signaling a…
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