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Flashbots becomes unicorn after raising $60 million

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied San Francisco-based firm Paradigm has invested $60 million to support the development of Flashbots’ new Ethereum blockchain transaction packaging software version.  Notably, the series B funding round contrasts with the current trend among Silicon Valley venture capitalists. Flashbots

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Flashbots Confirms Top Strategy Researcher Obadia to Depart Amid ‘Strategic’ Hiring Push

Flashbots has added 13 team members in the past six months, bringing the total size of the team above 50. Also joining Flashbots are Danning Sui, formerly head of data science at the decentralized finance infrastructure firm 0x; and Daniel Marzec, previously an engineer at Blocknative, another major MEV industry

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Flashbots Proposes New Class of ‘Matchmakers’ to Share Maximal Extractable Value (MEV) Gains With Ethereum Users

MEV represents the profits made by validators and blockbuilders as a result of reordering or including certain transactions in certain data blocks. Initially seen as an abusive extra tax on users imposed by opportunistic traders wedging themselves into the blockchain process, the practice has become ubiquitous. Original Source

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Can Ethereum’s Flashbots ‘Middleware’ Still Call Itself a ‘Public Good’?

“Middleware” services are built on top of (rather than into) Ethereum’s core protocol, offering essential tools for app builders and the validators that run the network. Although validators and developers aren’t required to use any middleware programs, some, like Flashbots’ MEV-Boost, have become so ubiquitous that they may as well

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