The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000. An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins. The wallet address, linked to the Ethereum Name Service (ENS)...Continue Reading

The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward. Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government that moves forward a $1 billion plan allowing Voyager to sell its assets to the U.S....Continue Reading

Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits. A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX. On April 19, United States District Judge Jacqueline Scott Corley of the Northern District of California ruled that the three lawsuits would...Continue Reading

The Twitter chief alleged Microsoft scraped information from the platform to train its AI and sell the data to others. Microsoft has been threatened with a suit from Tesla and Twitter chief Elon Musk who claimed the Big Tech firm “illegally” trained its artificial intelligence (AI) on Twitter data. On April 19, Musk tweeted that...Continue Reading

An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism. A series of cryptic tweets depicting orange balls were revealed to be building up hype for a new rollup client for Optimism (OP) called “Magi” from the crypto arm of venture capital...Continue Reading

It’s reported the U.S.-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation. United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it’s reportedly set to launch a derivatives exchange based there as soon as next week. According to an April 19 blog post,...Continue Reading

Decentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date. The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical...Continue Reading

Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments. Russia is taking further steps to mitigate global sanctions in place since the invasion of Ukraine in 2022. According to local media reports, the country’s central bank plans to create new institutions to mine crypto assets and settle international...Continue Reading

The new service will make it easier for mid-tier or small-tier subgraphs to be indexed and discovered. Blockchain data provider Chainstack has launched a hosted service for collections of Web3 data known as “subgraphs,” according to an April 19 announcement from the company. The service, called “Chainstack Subgraphs,” allows developers to create subgraphs and post...Continue Reading

Among the pieces being auctioned include a zombie CryptoPunk and Autoglyphs from Larva Labs as well as Dmitri Cherniak’s artwork ‘The Golden Goose’. Sotheby’s auction house said it will be selling off a digital artwork collection formed as part of collapsed crypto hedge fund Three Arrows Capital, or 3AC. In an April 19 announcement, Sotheby’s...Continue Reading