Tag: arbitrage bot

Jun 21 2022

Crypto companies pull out of sponsorship deals amid market downturn

New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. FTX pulls out of sports deal Leading crypto exchange FTX, one of the biggest ad spenders in the industry,...

Oct 19 2021

Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits

Oct 19 2021 Published at CryptoSlate under tags  analysis arbitrage bot ethereum matic polygon

Per data analytics Flipside Crypto, an arbitrage bot has been able to turn 14 Ether into 218.5 Ether in less than four months. Arbitrage bot made $6800 daily on Polygon During this period, data on the Polygon network indicated that the attacker was inflating transaction volumes by as much as...

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