These bots are programmed to execute any transaction as long as it's profitable, Arkham's , Zachary Lerangis explained. Bot may have been constrained by factors such as limited liquidity or the actual ...
An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. The bot took advantage of MakerDAO's 'DssFlash' ...
How Flash Loans Work Flash loans use smart contracts, which are self-executing protocols with the terms of the agreement directly written into code on the blockchain. These loans are unique because ...
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking a $200 million flash loan — to secure a mere $3.24 profit. On ...
An MEV bot took out a $11.9 million loan to sandwich attack a user but barely made enough to cover lunch. An “unlucky” maximum extractable value (MEV) bot took out a staggering $12 million flash loan ...
A flash loan is a type of uncollateralized lending that is popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines ...