Solana has attributed the 17-hour outage it suffered last week to a denial-of-service attack aimed at Grape Protocol’s Sept. 14 initial DEX offering (IDO). In a Tuesday blog post, the Solana Foundation stated that bots spammed the network as Grape launched its IDO on the Solana-based decentralized exchange (DEX) Raydium at 12:00 UTC last Tuesday. The botting activity overwhelmed the network with a transaction load of 400,000 per second, with Solana noting that “unbounded growth of the forwarder queues and resource-heavy blocks” resulted in a number of forks being automatically proposed to the network. The attack caused Solana’s network validators …

The crypto industry has matured substantially in recent years — so much so that it’s practically unrecognizable when compared to the bull run of 2017. And one of the biggest developments in this dynamic space? Futures. These derivatives give investors exposure to the price movements of major cryptocurrencies like Bitcoin, without the need to physically own the asset. Although the arrival of futures trading presents opportunities, it isn’t without risks — after all, BTC remains as prone as ever to sudden price movements. Through the futures market, crypto enthusiasts have an opportunity to generate returns when the markets are in …

A Belgium-based crypto company says its automated bots help traders “work smarter, not harder.” According to 4C Trading, many crypto enthusiasts lack access to advanced trading strategies — and this can result in costly mistakes. The company says its bots trade around the clock, reducing the chance that users will miss trading opportunities that may occur when they’re away from their laptops. Its team has designed SMART Bots that “make calculated decisions based on split-second mathematical precision.” Crucially, 4C Trading says its products are geared toward traders of all abilities, regardless of whether they’re new to cryptocurrencies or an expert …

A company says it provides the first complete crypto marketplace under Swiss law — bringing together services that were only available separately until now. According to UpBots, its mission is to become a preferred platform for beginner and professional traders alike. The service aspires to deliver a low learning curve for those who are new to cryptocurrencies or to trading in general, with risk-management tools designed to keep capital safe and reduce the risk of falling victim to scams. A comprehensive training section enables users to learn and grow at their own pace — with in-depth resources that are beneficial …

What should I do to get the most out of my crypto bot? As we’ve mentioned, doing your homework and backtesting strategies can be a helpful indication of whether certain trades will succeed or fail. That said, it’s worth remembering that past performance isn’t always an accurate reflection of what will happen in the future. It’s always worth keeping an open mind about the coins you invest in, and keeping track of the latest developments in the market. That’s something Cointelegraph’s comprehensive price analysis – published on a regular basis – can help you with. Finally, remember that it’s crucial …

Having emerged in September 2017, 3Commas, an international crypto trading startup, has introduced a series of automatic trading bots for Binance. The company also has revealed its plans to launch the bots for all other major supported exchanges, like BitFinex, Bittrex, Bitstamp, KuCoin, Poloniex, HitBTC, Cex, Huobi and YOBIT in due course. The company says the bot is designed to help traders create passive income, while providing safety mechanisms to prevent losses, in case the market goes down. Choosing the investing tools According to 3Commas’ website, there are currently over 30,000 active traders on the platform with a total daily …