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πŸš€ MovePump Launches Trading Bot With Dex Sniping Feature

According to BlockBeats, on October 17, the SUI chain-based Meme issuance platform MovePump announced via X the launch of its new trading bot. The initial functionalities of the MovePump trading bot include buying and selling tokens on MovePump and decentralized exchanges (Dexs). A standout feature of the bot is Dex Sniping, which allows users to automatically purchase tokens immediately after liquidity is added.

The Snipe MovePump feature is also set to be released this week. This functionality will enable users to snipe new tokens based on the developer's wallet and token symbols.


#MovePump #tradingbot #DexSniping #cryptocurrency #SUIchain #decentralizedexchanges #tokensniping
πŸš€ Thousands Allegedly Scammed by Cryptocurrency Trading Bot in Mexico

According to PANews, over 3,000 residents from the TehuacΓ‘n and Puebla regions in Mexico have reportedly fallen victim to a cryptocurrency trading bot scam involving the company AMG GPT. The company had previously promised 'daily returns' and conducted numerous promotional events to attract investors. However, users recently reported being unable to withdraw their funds, and the company abruptly closed its four offices in the two regions.

Victims have claimed that they were required to pay a 'verification fee' to withdraw their funds, followed by a demand to apply for an expensive 'Crypto-VISA' credit card. Initially, investors received returns, but these payments quickly ceased. Some victims reportedly invested as much as $1,000. AMG GPT later issued a statement attributing the withdrawal delays to 'shopping festival activities,' a justification that has only fueled further skepticism. Currently, around 100 individuals have filed formal complaints with the prosecutor's office, and the case is under further investigation.


#cryptocurrency #scam #tradingbot #Mexico #AMGGPT #investors #fraud #victims #complaints #investigation
πŸš€ Security Alert Issued Over Malicious Code in Polymarket Trading Bot

According to BlockBeats, a security warning has been issued by SlowMist Technology's Chief Information Security Officer, 23pds, regarding a malicious code hidden in a Polymarket trading bot program. The program, known as 'polymarket-copy-trading-bot,' was found to contain code that automatically reads users' '.env' files, which include wallet private keys, leading to potential theft of funds. The developer of this program has repeatedly modified and submitted the code on GitHub, intentionally concealing the malicious package.

#SecurityAlert #MaliciousCode #Polymarket #TradingBot #Cybersecurity #SlowMist #WalletTheft #GitHub
πŸš€ Paradex Responds to Mithril Trading Bot Security Breach

Paradex has announced that its partner, the Mithril trading bot, was compromised by attackers who accessed approximately 57 user subkeys. According to Foresight News, these subkeys are restricted keys that allow for proxy trading but do not enable withdrawal operations. In response, Paradex has implemented emergency measures, suspending all XP transfers and revoking all subkeys associated with Mithril trading accounts. The affected users are those who connected to the Mithril trading bot.

Additionally, Paradex addressed the network outage incident on January 19, stating that it has completed the review of affected accounts and issued refunds to users who were erroneously liquidated, primarily those related to PAXG. A total of $650,000 has been distributed to 200 accounts. The deposit and withdrawal functions for Gigavault have also been restored. Other pending requests will be reviewed and processed in the coming days.


#Paradex #Mithril #TradingBot #SecurityBreach #ForesightNews #Subkeys #ProxyTrading #EmergencyMeasures #XPTransfers #SubkeysRevoked #MithrilTrading #NetworkOutage #Refunds #PAXG #Gigavault #DepositsRestored #WithdrawalsRestored #SecurityIncident
πŸš€ AI Trading Bot Error Results in Significant Loss of Lobstar Tokens

An AI-driven crypto trading bot mistakenly transferred its entire holdings of Lobstar tokens, valued at $250,000, to a user who had requested financial assistance. According to NS3.AI, the recipient promptly sold the tokens, realizing approximately $40,000 due to liquidity constraints. Subsequently, the token's price surged, elevating the value of the sold tokens to over $420,000. This incident underscores the risks associated with AI automation in cryptocurrency trading and the potential for unforeseen market impacts stemming from such errors.

#AI #Crypto #TradingBot #LobstarTokens #Loss #NS3AI #FinancialError #MarketImpact #Automation #Cryptocurrency