Solana Validator Accused of Extracting Over $13 Million from Users in One Month through Sandwich Attacks: A Closer Look

Solana’s Expensive Network: The Case of DeezNode’s Profitable Sandwich Attacks Solana (SOL), a high-performance blockchain, is known for its fast transaction speeds and low fees. However, the network’s design comes with a high cost for validators, leading some to adopt unconventional methods to offset these expenses. One such validator, DeezNode, made headlines for profiting over…

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Fidelity Files to Tokenize $80 Million Treasury Fund on Ethereum Blockchain: A New Era for Traditional Assets?

Fidelity’s Groundbreaking Tokenization of a $80M Treasury Fund: A New Era in Asset Management In a significant move towards embracing blockchain technology, Fidelity Investments, a leading financial services company, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to tokenize its $80 million Treasury fund on the Ethereum blockchain. This marks…

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DYDX Token Surges 7% Following Announcement of Buyback Program by Decentralized Derivatives Exchange Protocol

DYdX’s Allocation of Protocol Fees: A Game-Changer in Decentralized Finance DYdX, a decentralized finance (DeFi) platform built on Ethereum, is making waves in the crypto world with its innovative approach to protocol fees. Currently, 25% of the fees generated by the platform are being allocated to the DYdX treasury, with active discussions underway to potentially…

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Stablecoins’ Surge and Bitcoin Whale Activity: Signals of an Upcoming Market Recovery?

The Role of Stablecoins in the Next Market Recovery: An Insightful Analysis In today’s ever-evolving financial landscape, predicting the next market recovery is a topic of great interest and speculation. While various asset classes are under scrutiny, an analytics company has identified stablecoins as a potential game-changer. Stablecoins, a type of cryptocurrency, have been gaining…

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