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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

On the Margin Newsletter: CPI takeaways and an update from Brian Armstrong
On the Margin Newsletter: CPI takeaways and an update from Brian Armstrong

Beneath top level numbers in May’s CPI print lies a treasure trove of insights as to where inflation might be headed

Blockworks·2024/06/14 01:10
Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’
Lightspeed Newsletter: Solana begins creating blocks with new ‘scheduler’

Roughly 90% of validators have upgraded to the new software, and many have reported using the scheduler

Blockworks·2024/06/14 01:10
Empire Newsletter: The intersection between crypto and AI is growing
Empire Newsletter: The intersection between crypto and AI is growing

Plus, Sam Brown’s victory in Nevada could position crypto to be a race-defining issue this November

Blockworks·2024/06/14 01:10
SEC Chair Gensler skirts questions on ETH as a commodity
SEC Chair Gensler skirts questions on ETH as a commodity

The individual issuers are working with SEC staff to get registration statements approved, Gensler said

Blockworks·2024/06/13 22:55
Flash
  • 21:17
    Greyscale transferred 668.419 bitcoins to an unknown address worth approximately $56.13 million
    On 12 March, Arkham data showed that five minutes ago, the greyscale address transferred 668.419 bitcoins to an unmarked address beginning with bc1qmm, worth approximately $56.13 million.
  • 21:15
    Chain trader suspected to have suffered a ‘sandwich attack’, losing over $700,000
    A cryptocurrency trader lost more than $700,000 on Wednesday when a USDC-USDT liquidity pool on Uniswap V3 suffered a suspected ‘sandwich attack’ that resulted in $732,000 worth of USDC being exchanged for only $18,600 worth of USDT. According to on-chain data analysis, the incident may have been initiated by a MEV (Maximum Extractable Value) bot. The bot emptied the liquidity pool by preempting trades, causing a price imbalance and paying block builders to prioritise their trades.DeFi researcher Michael Nadeau noted that this attack uses the order of trades to manipulate prices for profit. In addition, some analysts have speculated that such unusual transactions could be part of a money laundering operation.DeFiLlama developer 0xngmi said that by constructing transactions that are easily arbitraged by MEV bots, money launderers can move funds with almost zero loss. The incident is still under further investigation.
  • 21:14
    Data: ETH Breaks $1,900
    ETH/USDT is now at $1902.33, down 2.28% in 24 hours.
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