An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million ...
One community member praised the bot, saying that “profit is profit,” while another said that the event highlights how bad the bear market is. A crypto trading bot programmed to perform arbitrage ...
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 ...
Imagine you could borrow a million dollars instantly and with no collateral. The whole thing would happen anonymously, and you wouldn't need to assume liability for the loan. Sounds crazy? That, in a ...
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