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cointelegraph.com Crypto trader gets sandwich attacked in stablecoin swap, loses $215K

A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot.$220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as the MEV bot successfully front-ran the transaction, banking over $215,500.Data from Ethereum block explorer shows the MEV attack occurred on decentralized exchange Uniswap v3’s USDC-USDT liquidity pool, where $19.8 million worth of value is locked.Details of the sandwich attack transaction. Source: EtherscanThe MEV bot front-ran the transaction by swapping all the USDC liquidity out of the Uniswap v3 USDC-USDT pool and then put it back in after the transaction was executed, according to founder of The DeFi Report Michael Nadeau.The attacker tipped Ethereum block builder “bob-the-builder.eth” $200,000 from the $220,764 swap and profited $8,000 themselves, Nadeau said.DeFi researcher “DeFiac” speculates the same trader using different wallets has fallen victim to a total of six sandwich attacks, citing “internal tools.” They pointed out that all funds traveled from borrowing and lending protocol Aave before being deposited on Uniswap.Two of the wallets fell victim to an MEV bot sandwich attack on March 12 at around 9:00 am UTC. Ethereum wallet addresses “0xDDe…42a6D” and “0x999…1D215” were sandwich attacked for $138,838 and $128,003 in transactions that occurred three to four minutes earlier.Both transactors made the same swap in the Uniswap v3 liquidity pool as the trader who made the $220,762 transfer. Others speculate the trades could be attempts at money laundering.“If you have NK illicit funds you could construct a very mev-able tx, then privately send it to a mev bot and have them arb it in a bundle,” said founder of crypto data dashboard DefiLlama, 0xngmi.“That way you wash all the money with close to 0 losses.” Related: THORChain at crossroads: Decentralization clashes with illicit activityWhile initially criticizing Uniswap, Nadeau later acknowledged that the transactions didn’t come from Uniswap's front end, which has MEV protection and default slippage settings.Nadeau backtracked on those criticisms after Uniswap CEO Hayden Adams and others clarified the protections Uniswap has in place to fight against sandwich attacks.Source: Hayden AdamsMagazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

news.bitcoin.com White House Crypto Council Director Departs—Says US Now Positioned as Global Crypto Capital

A top White House crypto strategist exits after steering landmark policies that propelled the U.S. toward global leadership in digital assets, igniting unprecedented industry momentum and competitive advantage. Bo Hines Leaves White House Post, Points to US Progress Toward Global Crypto Lead White House Crypto Council Executive Director Bo Hines announced on the social media […]

blockonomi.com Bitcoin’s Bull Run Set To Return, Remittix Emerges As The Top Performing Altcoin Of The Year!

Bitcoin’s bull run could be right around the corner.  The current price of the leading cryptocurrency now stands at $116,869.90 with a 0.6% gain. Meanwhile, Remittix (RTX) is under the radar as one of the most promising cryptos to invest in today, with phenomenal growth and trading volume so far this year. Bitcoin Market Snapshot [...] The post Bitcoin’s Bull Run Set To Return, Remittix Emerges As The Top Performing Altcoin Of The Year! appeared first on Blockonomi.

ambcrypto.com Decoding Ethereum’s $4,400 test - Are THESE divergences a rally signal or a sell trap?

Key Takeaways Ethereum is facing its $4,400-resistance with bullish on-chain signals, overheated leverage, and liquidity clusters ready to spark big moves. Ethereum [ETH] extended its rally frThe post Decoding Ethereum’s $4,400 test - Are THESE divergences a rally signal or a sell trap? appeared first on AMBCrypto.

news.bitcoin.com Ripple Eyes $19 Trillion Tokenization Boom as Institutional Adoption Accelerates

Ripple is positioning itself at the forefront of a $19 trillion revolution, as institutional-grade custody accelerates real-world asset tokenization across treasuries, gold, equities, real estate, and global markets. Ripple Sets Sights on $19 Trillion Tokenization Era Across Global Asset Classes Ripple published a report on Aug. 8, 2025, stressing that institutional-grade digital asset custody is […]

news.bitcoin.com XRP Strategy From Nature’s Miracle Spans Gaming, Dining, Travel, EVs

XRP is set to anchor an ambitious multi-industry push by Nature’s Miracle, driving adoption across payments, gaming, travel, food, and EV sales for mainstream daily use. Nature’s Miracle Explores XRP Deployment in Multiple Daily Consumer Activities Nature’s Miracle Holding Inc. (OTCQB: NMHI) announced on Aug. 8, 2025, at the OTCQB Venture Virtual Investor Conference a […]

blockonomi.com Cardano Teams With New Institutions While Remittix Gains Mainstream Attention Can It Dominate Payments?

Cardano is poised to dominate the payment market this year, thanks to recent partnerships. Analysts have also connected this new partnership to the rising Cardano price as it crosses $0.80 again this month. However, while the Cardano partnership continues with new institutions, Remittix is gaining mainstream attention. The Remittix performance over the last few weeks [...] The post Cardano Teams With New Institutions While Remittix Gains Mainstream Attention Can It Dominate Payments? appeared first on Blockonomi.

news.bitcoin.com Top Bitcoin Casinos – USA [August 2025]

Explore Top Bitcoin Casinos for USA Players in August 2025 Discover USA’s Leading Bitcoin Casinos This August 2025 At Bitcoin.com, we’ve meticulously reviewed and ranked the most reliable Bitcoin casinos available to players in the USA. Our team of experts evaluates everything from game variety and user experience to security, deposit options, and bonus offerings. […]

news.bitcoin.com Another Win for XRP as Ripple Secures New SEC Waiver, Accelerating Institutional Adoption

XRP gains fresh momentum after Ripple secures a new SEC waiver removing a Regulation D disqualification, paving the way for institutional integration, accelerating adoption, boosting capital-raising opportunities, and strengthening market confidence. Ripple Scores Another SEC Victory, Fueling XRP’s Push Into Institutional Portfolios The U.S. Securities and Exchange Commission (SEC) granted Ripple Labs a waiver on […]