Uniswap MEV arbitrage scams
Thanks to AI TechBro garbage, scammers now have full fledged multi-social media network posts, interlinked to each other, where BOTS comment on how much money they have made, all fueled by AI, and BOTS.
Social media platforms like Youtube and X/Twitter supposedly also use AI, to try and combat abuse, but for whatever reason their AI Is "dumber" that the one used by the scammers, or the scammers just spawn attacks non stop, so suspending one or two of the scam accounts has no real world effect on the overall scam operation's success.
It is all a scam, of course.
Uniswap arbitrage MEV bot scams work this way:
1. Scammers post videos with instructions how to make money via "ArBiTraGe".
In this scam, users' deposited Ethereum is not used for automatic arbitrage, but is directly transferred to the hacker's address.
2. In the video on Vimeo or Youtube there are steps, one of which is grab code and run it!
3. Running the code results in theft of assets and the victim's wallet being DRAINED.
The scammers also post wallets full of ETH to increase the credibility of their scam.
The scam works by exploiting a legitimate platform, by pasting SCAM solidity code. The said code is posted on a dodgy website registered in Russia (how totally unexpected).
A very nice looking gentleman with a sexy moustache baits naïve users, who believe they can make something out of nothing to loose the little ETH they may have.
One of the steps users are instructed to make is COPY and PASTE solidity code, which drains their assets.
Essentially this scam is asking users to shoot themselves in the foot, by copy pasting and executing malicious code themselves, all while thinking "I am so smart".
It is not as dumb as entering your seed phrase directly, so many gullible users may get fooled.
And hosted on Russian Criminal IP, which hosts ONLY scams, nothing else:
Remember MEV Bot = SCAM!
https://www.youtube.com/@MetaWeb3x --> Scammer
https://x.com/DeWolfKelley --> Scammer
Same scam, different name.
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Remember MEV Bot = SCAM!
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BitNest
BitNest: The Leader of the Digital Finance Revolution
BitNest is a leading platform dedicated to driving digital financial innovation and ecological development. We provide comprehensive cryptocurrency services, including saving, lending, payment, investment and many other functions, creating a rich financial experience for users.
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From Traditional to Trailblazing: Python50's Next-Gen Referral Revolution
Introduction:
Welcome to Python50, the revolutionary decentralized referral program that is set to change the way people earn rewards for their referrals. In this blog post, we'll delve into what Python50 is all about, how it works, and why you should join now to start earning more.
What is Python50?
Python50 is a next-generation referral program built on blockchain technology. It provides a transparent, secure, and efficient way for individuals to earn rewards by referring others.
How Does Python50 Work?
Unlike traditional referral programs that are centralized and often opaque, Python50 leverages the power of blockchain technology to create a decentralized network where referrals are tracked securely and transparently. Here's how it works:
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There are several compelling reasons to join Python50:
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Start referring friends, family, and colleagues.
Earn rewards in the form of tokens for successful referrals.
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Conclusion
Python50 is the next generation of decentralized referral programs, offering higher rewards, transparency, and security to participants. Join now to start earning more through referrals and become part of a thriving blockchain community.
Don't miss out on this opportunity – join Python50 today!
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The more I learn about cryptocurrency and the whole ""metaverse"" bullshit, the more I'm just seeing a world where capitalism controls people EVEN HARDER than it does already.
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Did you know that a smart contract is similar to a self-moving toy that follows pre-set rules agreed upon by you and others? Take, for instance, if you and your friends want to place a bet on the next elected president, a smart contract can act as your witness. You only need to specify the betting amount, the criteria to determine the winner, the source of election results, and place the money in the smart contract. Once the election outcome is declared, the smart contract will automatically calculate the winner and send them the money, eliminating the need for a referee or any worries of fraud.
This sounds incredibly convenient, doesn't it? However, it's important to note that smart contracts are not a one-size-fits-all solution. While they offer several benefits, such as faster and more secure transactions without intermediaries, they also come with potential risks, such as coding errors, hacking, and no legal protection in case of disputes. Therefore, it's essential to understand all the risks and responsibilities associated with using smart contracts before engaging in any transactions.
知っていましたか?スマートコントラクトはあなたや他の人々が前もって決めたルールに従って自己移動するおもちゃのようなものです。たとえば、あなたと友人たちが次期大統領に賭けをしたい場合、スマートコントラクトは証人として機能することができます。賭ける金額、勝者を決定する基準、選挙結果のソースを指定し、スマートコントラクトにお金を入れるだけで済みます。選挙の結果が発表されたら、スマートコントラクトが勝者を自動的に計算し、その人にお金を送ります。レフェリーや不正の心配は必要ありません。
これは非常に便利なようですが、スマートコントラクトは万能解というわけではありません。中間業者なしでより速く、より安全なトランザクションを提供するといった多くのメリットがある一方で、コードエラーやハッキングなどの潜在的なリスクがあり、紛争の場合に法的保護がない可能性もあります。したがって、トランザクションを行う前に、スマートコントラクトの使用に関連するすべてのリスクと責任を理解することが重要です。
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A right investment on your future the tron faster foundation .
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Aviflix is one of the most popular OTT platforms and It strives to improve the buying, owning, selling, reselling, and recycling experience of blockchain finance.
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💡 Ever wondered how to create your own cryptocurrency? Whether you're dreaming of launching the next big token or building a unique blockchain project, it all starts with the right technical planning and design. From choosing the perfect platform (Ethereum, Binance Smart Chain, Solana) to creating a solid whitepaper, we've got you covered in this step-by-step guide! 🛠️
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Can Smart Wallets Pave The Way For Blockchain’s ChatGPT Moment?
How Smart Wallets are Simplifying Crypto Management Crypto wallets are the primary tools we use for interacting with the world of blockchains. They come in all kinds of shapes and sizes, including mobile wallets, desktop wallets, browser extensions and even paper wallets, and they’re used to send, receive and store hundreds of different cryptocurrencies, engage with DeFi applications and blockchain games, store NFTs and more besides. The beauty of crypto wallets is tied to the beauty of crypto itself. They allow us to take full custody of our digital assets, and therefore our finances, and effectively become your own bank. When you swap fiat for crypto, you are truly in control. What’s more, crypto wallets have evolved to become far more than simple banking applications, as they also allow us to prove our identities, store digital tickets and even prove our educational credentials or show that we have attended a certain event. Despite the wind ranging capabilities and the promise of crypto wallets, they remain far from becoming mainstream due to their glaring lack of user-friendliness. Simply put, crypto wallets are difficult to set up and use, the user interfaces often leave a lot to be desired, and there’s the need to write down and safely store a seed phrase, or risk losing your funds forever. Given that blockchains are the driving force behind Web3, it has become clear that wallets need to become much more accessible. One of the biggest reasons why ChatGPT became so popular just a couple of years ago was its ease of use – you simply type your question or prompt into a text box, it couldn’t be simpler. Crypto wallets need the same level of simplicity.
To Know More- Read the latest Blogs on Cryptocurrencies
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Core Various Blockchain: $6 to start, long term to earn.
Note that this is not a financial advice. I’m not a financial advisor. This is for education purposes. The views are my honest perspective. Do your own due diligence.
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Digital Currencies in 2024: The Future of Money and Technology
Description
Digital currencies, often referred to as cryptocurrencies, have revolutionized the financial landscape. As we move into 2024, their influence continues to expand, reshaping everything from international trade to individual financial empowerment. In this article, we’ll explore the evolution of digital currencies, highlight their most prominent features, and delve into the future trends that could shape the world of finance
Understanding Digital Currencies
Digital currencies are decentralized, internet-based forms of money that use cryptographic technology to ensure secure, peer-to-peer transactions. Unlike traditional fiat currencies controlled by central banks, cryptocurrencies such as Bitcoin, Ethereum, and Ripple (XRP) operate on blockchain technology—a transparent ledger that records all transactions.
The Rise of Bitcoin and Altcoins
Bitcoin, introduced in 2009, is the first and most widely known cryptocurrency, often dubbed “digital gold.” Over the years, Bitcoin has grown in both value and adoption, serving as a store of value and an investment vehicle.
Other digital currencies, called altcoins, have emerged to challenge Bitcoin's dominance. Ethereum, for instance, introduced smart contracts that automate processes and revolutionized decentralized applications (DApps). In 2024, DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens), primarily built on Ethereum, continue to attract attention, reshaping the way digital assets are traded and owned
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Top Benefits of Digital Currencies
Digital currencies offer several advantages over traditional financial systems, making them an appealing choice for both investors and everyday users.
Decentralization: Cryptocurrencies are not controlled by any government or financial institution. This ensures users have full control over their assets and are not subject to centralized authorities.
Security: Blockchain technology makes it extremely difficult to alter transaction records, providing a high level of security against fraud and hacking.
Low Transaction Costs: Traditional cross-border payments often involve high fees, especially for international transfers. Cryptocurrencies offer much lower transaction fees, making them attractive for global transactions.
Financial Inclusion: Digital currencies provide access to financial services for people without access to traditional banking. In 2024, millions of unbanked individuals globally are benefiting from using digital wallets and decentralized platforms.
The Most Popular Cryptocurrencies in 2024
In addition to Bitcoin and Ethereum, several other cryptocurrencies are making waves in 2024, including:
Ripple (XRP): Known for its efficient cross-border payment solutions.
Cardano (ADA): Gaining popularity due to its focus on sustainability and scalability in blockchain technology.
Solana (SOL): A fast, scalable platform for decentralized apps and crypto services.
Polygon (MATIC): Enhancing Ethereum’s scalability and enabling cheaper transactions
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The Role of Central Bank Digital Currencies (CBDCs)
Another significant trend in 2024 is the rise of Central Bank Digital Currencies (CBDCs). Unlike decentralized cryptocurrencies, CBDCs are issued and regulated by central banks. Governments across the globe are now exploring their own digital currencies to improve financial efficiency, transparency, and inclusivity. Countries like China with its Digital Yuan, and the European Union with the Digital Euro, have made substantial progress.
CBDCs aim to combine the benefits of cryptocurrency—such as faster, cheaper transactions—with the security and stability of traditional fiat currencies.
Key Trends for Digital Currencies in 2024
As digital currencies continue to evolve, here are some of the key trends shaping their future:
Mass Adoption: In 2024, businesses and institutions worldwide are increasingly accepting cryptocurrencies as a legitimate form of payment, with more retailers integrating crypto-payment solutions.
Web3 and Decentralized Apps (DApps): With the growth of Web3, digital currencies are playing a crucial role in decentralized applications, creating new ways for users to interact with the internet, without intermediaries.
Regulation: Governments are paying more attention to regulating cryptocurrencies, ensuring consumer protection while promoting innovation in the space.
Sustainability Initiatives: The environmental impact of cryptocurrency mining has been a concern, but newer cryptocurrencies like Cardano and Solana are making strides in energy-efficient blockchain solutions
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The Future of Digital Currencies
Looking ahead, digital currencies are likely to continue their upward trajectory, integrating further into everyday life. We can expect advancements in privacy coins like Monero (XMR), which prioritize user anonymity, and growth in interoperability between different blockchain platforms.
Another development to watch in 2024 is the expansion of tokenization, where real-world assets like real estate, stocks, and commodities are being digitized and traded on blockchain platforms.
Investing in Cryptocurrencies in 2024
For investors, digital currencies offer both opportunities and risks. The cryptocurrency market is known for its volatility, but long-term believers view it as a hedge against inflation and a chance to participate in the future of finance. Experts advise diversifying one’s portfolio, researching projects carefully, and staying informed about regulatory changes.
Conclusion
Digital currencies are more than just a trend—they represent a fundamental shift in how we perceive and use money. As we move through 2024, the continued development of blockchain technology, increased adoption of cryptocurrencies, and the integration of digital assets into financial systems will shape the future of the global economy.
For those looking to stay ahead, understanding the potential of digital currencies, exploring opportunities for investment, and adapting to this fast-evolving world are key steps to navigating the new financial landscape
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ERC20 Tokens - Simple Guide
Imagine a world where anyone can make their own digital currency and the tokens can stand anything from business shares to virtual real estate to voting rights in decentralized groups.In the world of blockchain ERC20 tokens can play an important role in a decentralized ecosystem. They are the foundation for the many decentralized applications and provide a pivotal role in initial coin offerings (ICOs). In this guide I explain the basic overview about ERC20 tokens.
What are ERC20 Token?
ERC20 refers to Ethereum Request for Comment number 20 and the ERC20 standard was implemented in 2015 . ERC20 tokens is a technical starended for creating and distributing smart contracts on Ethereum blockchain.
Key Features of ERC20 Tokens
Standardized functionality: ERC20 tokens follow a specific set of rules and standards and ensure all tokens are created based on these standards. ERC20 tokens easily interact with many decentralized apps and wallets. This feature is very useful for developers and reduces the development time.
Smart Contract Integration: ERC20 tokens implement the use of smart contracts. These are automated contracts with the term of the agreement directly written in the code. This integration ensures the automation of transaction and token transfer.
Token Transfer: ERC20 tokens are supported for the basic transaction using address. This function allows users to transfer the token to each other.
How ERC20 Tokens Work
Smart contracts are playing an important role in ERC20 Token Development. The rules and functionalities of the token are defined by the smart contract. For example total supply, the symbols and decimals. They also explain how tokens can be transferred, approved and burned. ERC20 tokens are developed and managed by the Ethereum blockchain. It’s a decentralized and transparent ledger for tracking the transactions and token balance. People can interact with ERC20 tokens by using Ethereum wallets that accept token standards.
Conclusion
ERC20 tokens are an important part of the blockchain world because they provide an efficient way to create and manage the digital assets.Their standardized approach allows for easy interaction with various decentralized applications and wallets, making them an essential element in the growth of decentralized finance and initial coin offerings (ICOs). Understanding ERC20 tokens is vital for anyone interested in the expanding blockchain landscape and the development of new digital platforms.
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Our comprehensive guide walks you through each crucial step of blockchain development, tailored specifically for entrepreneurs. Whether you’re launching a new app or integrating blockchain into your business, this guide offers clear, actionable insights to help you succeed.
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In the rapidly evolving digital landscape, blockchain technology is reshaping industries and transforming how businesses operate. Nadcab Labs is at the forefront of this revolution, providing top-tier Blockchain Development services and innovative solutions tailored to meet the unique needs of our clients. As a leading Blockchain Development Company and Smart Contract Development Company, we specialize in a wide array of blockchain services, including Crypto Token Creation, DeFi Solutions, DApp Development, Crypto Wallet Development, Crypto Arbitrage Bot Development, CoinMarketCap Listing Services, Custom Blockchain Solutions, and Blockchain Integration Services.
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Decentralized applications (DApps) are revolutionizing the way we interact with digital services. At Nadcab Labs, we specialize in DApp Development, creating decentralized applications that are secure, transparent, and tamper-proof. Our team works closely with clients to understand their requirements and develop DApps that provide real-world solutions. From concept to deployment, we ensure that your DApp offers a seamless user experience and integrates smoothly with existing blockchain networks.
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A reliable and secure crypto wallet is essential for managing digital assets. Nadcab Labs offers expert Crypto Wallet Development services, creating wallets that are secure, user-friendly, and feature-rich. Whether you need a mobile wallet, web wallet, or hardware wallet, our team has the expertise to develop a solution that meets your needs. Our wallets support multiple cryptocurrencies and offer advanced security features, ensuring that your digital assets are safe and easily accessible.
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Crypto arbitrage offers lucrative opportunities by exploiting price differences across exchanges. Nadcab Labs specializes in Crypto Arbitrage Bot Development, creating bots that automate the process of buying low on one exchange and selling high on another. Our arbitrage bots are designed to operate 24/7, ensuring that you can capitalize on arbitrage opportunities in real-time. We focus on creating bots that are fast, efficient, and secure, maximizing your profits while minimizing risks.
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Getting your cryptocurrency listed on major platforms like CoinMarketCap is crucial for gaining visibility and credibility. Nadcab Labs provides professional CoinMarketCap Listing Services to help you navigate the complex listing process. Our team ensures that your project meets all listing requirements and assists with the submission and follow-up process. We aim to enhance your project's visibility, attract potential investors, and build trust within the cryptocurrency community.
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Integrating blockchain technology into existing systems can be challenging. Nadcab Labs offers Blockchain Integration Services to help businesses seamlessly integrate blockchain solutions into their operations. Our team ensures that the integration process is smooth and efficient, minimizing disruptions and maximizing the benefits of blockchain technology. We provide end-to-end integration services, from initial assessment to full deployment, ensuring that your business can leverage the power of blockchain seamlessly.
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Conclusion
At Nadcab Labs, we are committed to delivering comprehensive and innovative blockchain solutions that meet the diverse needs of our clients. From expert Blockchain Development and Smart Contract Development to tailored Custom Blockchain Solutions and seamless Blockchain Integration Services, we are your go-to partner for all things blockchain. Reach out to us today and discover how Nadcab Labs can help you harness the power of blockchain technology to drive your business forward.
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