Explore how Shutter uses threshold encryption to fight MEV, its strengths and trade-offs. Transparency is one of the foundational features of blockchains, but it enabled value extraction by controlling the order and inclusion of transactions within a block, known as MEV, or maximal extractable value. This problem is common on most blockchains and is rooted in the public nature of mempools, a ledger that stores pending transactions data. This information allowed block producers and other actors to benefit from frontrunning transactions. MEV is especially notorious on Ethereum, where it continues to be extracted at a rate equivalent to 11% of block rewards. Data shows that nearly $300,000 was lost in sandwich attacks in September. This reveals that MEV is a recurring hidden fee, not a minor inefficiency, hitting large trades hardest in volatile markets. Read more
Romania's Competition Council is assessing the transaction through which Celco SA intends to acquire Prefab SA.
Biotechnology startup The Cat Health Company (TCHC), which develops therapies to increase cat longevity, has secured a new $1.2 million round of funding.
Green Factory, a Polish producer in the vegetable, salad, and fresh convenience food sector, has completed the acquisition of salad producer Eisberg Romania within a transaction which targeted the operations in Poland, Hungary and Romania of Swiss-held Bell Food Group.
Bitcoin price consolidation after a powerful rally to record highs is normal, and the next leg up could push BTC toward $145,000, new analysis suggests. Key takeaways: Another Bitcoin price pullback to $117,000 is possible before the uptrend resumes. A classic chart pattern puts BTC price on course for $145,000 in the next few months. Read more