CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
crypto.news 2024-12-03 06:49:40

Sandwich attacks manipulated 35.5% of BNB Smart Chain blocks in November

Data shows that the number of blocks suffering Sandwich attacks in the BNB Smart Chain reached a new record last month. According to data provided by Dune, 35.5% of the blocks in BSC were manipulated by Sandwich attacks, abusing the blockchain’s transparency, immutability and decentralization. This set a new record high for the BSC network. Source: Dune In Sandwich attacks, the malicious actor would put one order before and another right after a large transaction — sandwiching the on-chain transaction — to potentially purchase an asset at a lower price and sell before the victim makes a move. The main intention of Sandwich attacks is to manipulate the price of a crypto asset on decentralized exchanges . You might also like: Cardano price could suffer a harsh reversal, crypto analyst warns This will leave the victim with a higher purchase price due to the low liquidity on DEXs. Consequently, the prey’s transaction would be worth less. Data from the analytics platform shows that over 43,000 DEX traders have been affected by Sandwich attacks over the past week, marking a nine-month high. Moreover, 645 active bots executing these manipulative attacks have been spotted on the BSC network within the same timeframe. Last week, the total DEX volume on BSC reached $9.2 million. The rise of the Sandwich attacks in the BSC ecosystem comes as the network’s native token, BNB ( BNB ), recorded a 17% surge over the past month. BNB is changing hands at $656 with a market cap of $94.5 billion at the time of writing. On the other hand, Sandwich attacks on Ethereum ( ETH ) have been declining since July — falling from 62.9% to 40.2% over the last five months. Just over 12,000 DEX users on the network suffered from Sandwich attacks over the past month. Read more: XRP price surges 15% in 24H as network growth drives rally, but will it last?

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez