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Wednesday, August 12, 2020

CryptoCurrency News: First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins



So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

via CoinDesk

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