Trader Loses $107,000 To MEV Bot Panic Selling Obscure Stablecoin
Lookonchain, a blockchain tracking platform, now reveals that one stablecoin holder lost over $100,000 after panic selling USDR, a stablecoin issued on the Polygon
Read MoreLookonchain, a blockchain tracking platform, now reveals that one stablecoin holder lost over $100,000 after panic selling USDR, a stablecoin issued on the Polygon
Read MoreLawyers representing United States supermarket chain Trader Joe’s have filed a complaint in California against decentralized exchange Trader Joe.In an Oct. 5 filing in the U.S. District Court for the Central District of California, Trader Joe’s sued Trader Joe and its co-founder Cheng Chieh Liu over federal trademark infringement and
Read MoreDuring yesterday's real-estate-backed U.S. dollar stablecoin Real USD (USDR) crisis, a trader appears to have swapped 131,350 USDR for 0 USD Coin (USDC), resulting in a complete loss on investment.According to the October 12 report by blockchain analytics firm Lookonchain, the swap occurred on the BNB Chain through decentralized exchange
Read MoreTrader Joe’s, a well-known supermarket chain in the United States, has taken legal action against a decentralized exchange (DEX) platform named Trader
Read MoreTrader Joe’s supermarket has initiated legal action against a similarly named decentralized cryptocurrency exchange, alleging trademark infringement and brand dilution. U.S. grocery retailer Trader Joe’s has initiated a lawsuit in a California court against a cryptocurrency trading platform that goes by an almost identical name. The legal action targets both the
Read More"To salvage their case, Defendants concocted a false story. In the WIPO proceeding, Defendants obscured the true beginnings of the 'Trader Joe' name and falsely claimed that the platform had been named for the co-founder’s brother," the filing says. Source
Read MoreThe Bitcoin price has been retracing over today’s trading session after reclaiming some lost ground. The selling pressure could push BTC back
Read MoreBitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar.BTC/USD 1-hour chart. Source: TradingViewTrader: Bitcoin behavior at resistance “not the best”Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend.The pair recovered from
Read More“Bitcoin continues to tend to sell on growth, failing to make a fresh attack on the 200-day moving average,” FxPro senior market analyst Alex Kuptsikevich said in a note to CryptoX. “Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices.” Source
Read MoreBitcoin (BTC) aimed for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued.BTC/USD 1-day chart. Source: TradingViewAnalyst wary of Bitcoin “upside wick” fakeoutData from Cointelegraph Markets Pro and TradingView showed BTC price action staying strong into October’s first United States trading session.The largest
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