‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

BitPAC, the first ever Bitcoin (BTC) political action committee (PAC), will expand its candidate supporting program with an initial coin offering (ICO), Coindesk reports on Aug. 28.Utility token, not a thing of valueDan Backer, who founded BitPAC back in 2014, revealed that the committee will issue a utility token dubbed Politicoin, which will be used…

Blockchain VC investment firm Hashed is seeking $173 million for a second fund. 944 Total views 5 Total shares One of South Korea’s leading blockchain evangelists is embarking on another huge blockchain fundraise following the success of his first.Simon Seojoon Kim is planning to raise $173 million for a second blockchain fund following the success…

The bonds are tokenized on Polygon using the ERC-3643 token standard. 118 Total views 1 Total shares On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard. The bonds, tokenized on the Polygon (MATIC) network, will be lent to small-…

Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling, the firm’s co-founder and president Hartej Sawhney told Cointelegraph on Feb. 1.While stating that the company did lay off a sufficient part of the team — the exact amount unspecified — Sawhney still noted that…

The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements. 69 Total views 12 Total shares The United Kingdom’s independent advertising regulator has upheld a complaint involving former reality show Love Island contestants Eve and…

PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles. 727 Total views 16 Total shares Own this piece of history Collect this article as an NFTPostFinance, a retail bank fully owned by the Swiss government, is preparing to offer cryptocurrency trading…

The global blockchain technology market size is projected to reach $72 billion in the next five years. In order to ensure this growth, however, blockchain solution providers must continue to advance and innovate. For example, public enterprise blockchain use has become an ongoing trend this year as companies like ConsenSys aim to drive adoption for open, permissionless…

Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro…

Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. 146 Total views 3 Total shares The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164…