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The publish Crypto Bot’s $200M Flash Mortgage For $3 Revenue Raises Eyebrows appeared first on Coinpedia Fintech Information
A crypto buying and selling bot designed to execute arbitrage trades made a sequence of advanced transactions on the Ethereum blockchain, together with a $200 million flash mortgage, all to safe a mere $3.24 revenue. On June 14, Arkham Intelligence, a blockchain evaluation group, launched a report detailing the bot’s actions. The group highlighted that the transaction was performed by an arbitrage bot using flash loans.
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