An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million ...

One community member praised the bot, saying that “profit is profit,” while another said that the event highlights how bad the bear market is. A crypto trading bot programmed to perform arbitrage ...

An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. The bot took advantage of MakerDAO's 'DssFlash' ...

How Flash Loans Work Flash loans use smart contracts, which are self-executing protocols with the terms of the agreement directly written into code on the blockchain. These loans are unique because ...