π΅ββ lookonchain: 2 arbitrageurs earn from 1.2 to 12 thousand $ per day through intranet arbitration.
One of the transactions, as an example: The arbitrageur spent 370 USDC to buy NGL on Ethereum, then pegged the tokens to BSC and sold them for 382 DAI.
They can carry out such transactions 5-10 times per hour with hourly earnings from $50 to $500.
One of the transactions, as an example: The arbitrageur spent 370 USDC to buy NGL on Ethereum, then pegged the tokens to BSC and sold them for 382 DAI.
They can carry out such transactions 5-10 times per hour with hourly earnings from $50 to $500.
π Blackbird, a Crypto Restaurant app, raises $24 million in funding led by A16z
#web3 coindesk.com
#web3 coindesk.com
π The best way to distribute crypto ecosystem grants
coindesk.com
coindesk.com
π Stars Arena developers have fixed the smart contract vulnerability dlnews.com
π Gary Wang: SBF allows Alameda to withdraw funds unlimitedly decrypt.com
πcryptoThe number of active developers in this field has reached its lowest level since 2020. decrypt.com
πJustin Sun withdrew 14,344 ETH from Binance and then returned it to Lido. twitter.com
π Former FTX Senior Engineer: SBF once said that it would take six months to three years to fix the problems facing FTX. luck.com
π The Circle CCTP internetworking protocol has been launched on the basic test network. twitter.com
π Online role-playing game Ascenders will stop developing the game and the company will cease operations
ππ΄ββ οΈ #RUNE On October 5, the transaction volume on ThorChain amounted to $355 million, reaching a record level. The cumulative transaction volume over the past five days has exceeded $1 billion, which may be due to increased activity by hackers conducting cross-chain transactions for BTC. Over the past four months, more than 50% of funds converted from ETH to BTC through ThorSwap routers were stolen.
π€ CryptoAttack π¬π§
πββοΈ #METIS A new Metis proposal plans to switch Metis data availability back to Ethereum. candidac.org
π #AI In an attempt to solve the shortage of AI computing chips, OpenAI is reported to be planning to start its own chip production.
cointelegraph.com
cointelegraph.com
ππ #Ethereum The number of #ETH exchange deposits (7d MA) reached a one-month low of 838,083. The previous monthly low of 839.202 was seen on September 11, 2023. #analysis @cryptoattackbot
π Wallets containing 1-10k #BTC have added 71,155 BTC in the last 6 weeks alone and have grown to 15.20 million coins, which is ~90k below their record level on November 21st.
ππ
ββοΈ#THOR THORSwap is suspending the platform after a series of trades related to the FTX hack.
coindesk.com
coindesk.com
π΅οΈββοΈ GSR received 13,749 #HFT ($4.4 million) from Jumptrading and then transferred it to Binance. Tomorrow is the $1.03 million HFT unlock.
π The rise in #ETH staking following the Merge and Shanghai updates has come at a cost to Ethereum as the network has become more centralized and overall staking returns have fallen - JPMorgan
coindesk.com
coindesk.com
ππ°πΉ Hong Kong Finance Minister: Hong Kong currently does not have a regulatory system for stablecoins, which temporarily prevents stablecoins from being included in retail trading.
mingpao.com
mingpao.com