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Lifnity LFNTY-USDC pool drained by arbitrage bot, losing nearly $700,000
2023-12-10 00:55
Odaily News DEX Lifinity’s LFNTY-USDC pool was depleted by arbitrage bots on December 8, with a loss of approximately US$699,090. A Lifinity core member named Durden explained that a bot tried to conduct arbitrage trading along the route of USDC > xLFNTY > LFNTY > USDC. The bot initiated an Immediate-or-Cancel (IOC) market order on Serum V3, an order type that if filled must be executed immediately at the current market price. Orders that cannot be completed immediately will be cancelled. (Cointelegraph)
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Waller emerges as Trump's frontrunner for Fed chairman
Today, the US Bitcoin ETF has a net inflow of 607 BTC, and the Ethereum ETF has a net inflow of 4116 ETH
New York financial regulator reaches $48.5 million settlement with Paxos Trust
FHFA chief urges Powell to cut rates immediately
US cryptocurrency stocks rose, with Hut 8 up nearly 5%.
Grayscale transfers 2,354 ETH to Coinbase Prime hot wallet