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Amid Cryptocurrency Surge, Frontrunning Continues To Be Major Menace

NDTV Profit
Frontrunning has caused a loss of $280 million to unsuspecting traders each month
The global cryptocurrency juggernaut rolls on - attracting millions in India too. A Chainalysis recent report pegged India at the second place in cryptocurrency adoption. But while India is seeing a spurt in cryptocurrency trading and usage, the threat of frontrunning cannot be discounted. Frontrunning, simply put, is trading of cryptocurrencies based on publicly unavailable information about a future transaction. While the statement...
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