Attack of the bots! Paxful fights off thousands of automated threats
Bad actors allegedly tried to brute force their way into accounts belonging to Paxful's users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months.During the same time period, hackers managed to steal around $200 million worth of cryptocurrency from the KuCoin exchange, and another unconnected attack saw $5.4 million stolen from Eterbase.Paxful said that its alleged attackers attempted to use....
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The Paxful affiliate program allows the people to be a part of the Bitcoin community as it rewards them for spreading the word about Bitcoin. Paxful is giving away 10 bitcoin or thousands of dollars in prizes to people who try out their simple affiliate program. Paxful is a listing service like Craigslist or Backpage. Sellers list their ads to sell you bitcoin for a certain price and to get payment a certain way. Once you find deal you like you start a trade with the seller. You’ll be in a live chat with them and they will tell you how to pay them, then once you pay they release the....
Paxful has announced Paxful Pay, an ecommerce checkout integration that allows merchants worldwide to receive bitcoin as payment.
Automated Bitcoin trading software is being increasingly used by traders to conduct high-speed trades, to maximize returns. The cryptocurrency trade volumes have been unusually high in the past few months. The increased demand for the popular digital currency has been attributed to the growing community, where users are utilising Bitcoin to safeguard their earnings amid the economic slowdown. But, a leading financial publication has a different take on the entire situation. According to Bloomberg’s recent report, a majority of increased demand is coming from extensive automation of trading....
Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto account posts, the thread is teeming with legions of bots trying to scam people. Despite people reporting the bots regularly, and openly complaining about the problem, Twitter has done very little to address the issue.
Musk’s Bot Accusations Backed by Binance — ‘Twitter,....
Bitcoin trading bots will no longer be the exclusive preserve of software and finance wonks if startup Tradewave has its way. The London-based company has developed a platform that lets users create their own trading bots, stripping away some of the complexities of programming such tools independently. Tradewave's founder James Potter said his platform would address the "mismatch" between institutional traders with the resources to develop their own bots and retail investors who are left to execute trades by hand: "A lot of institutional trading is now automated and retail is very manual....