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And, has Gensler’s SEC gone too far?
This might sound contradictory to the entire ethos of the crypto space, but I believe that the most powerful players in crypto want to become the next Big Tech
Biggest ENA staker sold over $14 million worth of tokens.
This would mark the largest crypto-related fraud settlement in history.
Quick Take President Biden’s re-election team is in talks about accepting crypto donations, sources told The Block. This comes a few weeks after Donald Trump began accepting crypto donations to his campaign through Coinbase Commerce.
Share link:In this post: Moscow stock exchange has stopped all trading in US dollars and euros due to new US sanctions. The US Treasury’s sanctions target over 300 entities, aiming to disrupt Russia’s financial infrastructure. Many Russians are shifting to the Chinese yuan, which now dominates currency trading on MOEX.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend
- 21:17Greyscale transferred 668.419 bitcoins to an unknown address worth approximately $56.13 millionOn 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.
- 21:15Chain trader suspected to have suffered a ‘sandwich attack’, losing over $700,000A 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.