Friend.tech Frenzy: MEV Bots Pocket Over $2 Million On Platform By Sniping “K...
Barely two weeks after going live on the Base network, Friend.tech has grabbed the attention of the cryptocurrency space. At the same time, the decentralized social media platform has gained interest from numerous maximal extractable value (MEV) bot deployers. According to a new report, MEV bots have made over $2 million by sniping “keys” on […]
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Friend.tech, a decentralized social media platform built on the Base, the Ethereum layer-2 scaling solution backed by Coinbase, generates more fees, and thus, revenue than Bitcoin. This transactional platform allows users to move value. According to Token Terminal data on Oct. 6, Friend.tech generated $28.6 million in fees, above Bitcoin’s $26.8 million. This spike is […]
The market of bots is on the rise. And, it is only going to get bigger. According to estimates, the global market for chatbots will grow from $2,568.3 million in 2019 to $19,570 million in 2027, at a CAGR of 28.7%. Keeping up with the trend, the market for crypto trading bots is also on […]
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,....
The Binance founder has also detailed some personal and business-related challenges he had to overcome from the Chinese government, even before the launch of Binance in 2017. Binance CEO Changpeng Zhao (CZ) has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”CZ's response to critics came from a Sept. 1 blog post via Binance, and stems from a Twitter spat with a former Washington Post journalist who asked him; “While I have you here, who's Guangying Chen?” He explained....
A tool for professional traders, crypto trading bots are increasingly popular among retail investors for the automation they offer. How much does a crypto trading bot cost, and are they worth it?While most popular crypto trading bots are offered for free, they do come with associated costs, such as trading commissions and withdrawal fees, that need to be evaluated before proceeding.When choosing a crypto trading bot, investors need to weigh the pros and cons of “free” crypto trading bots compared to those that charge a flat monthly or annual subscription fee. Most popular crypto trading....