Bots accounted for 70% of stablecoin transaction volume in 2024, survey reveals
Automated trading fueled 70% of stablecoin transaction volume last year, with Base surpassing Ethereum due to bot-driven activity, a survey reveals. A new survey by crypto exchange CEX.IO, which cited Allium’s data, reveals that automated trading bots handled 70% of stablecoin transaction volume in 2024, based on an analysis of blockchain activity across Ethereum, Base, […]
Ethereum accounted for over 50% of $2.3b lost to hacks and exploits in 2024
Bad actors stole roughly $2.3 billion from web3 projects, with Ethereum accounting for more than half of the total losses. According to the State of Web3 Security in 2024 report from Cyvers, 51% of the stolen funds came from Ethereum-based projects, largely due to its role as the leading blockchain for DeFi and its extensive […]
