Arbitrage Bots Dominate Polymarket With Millions in Profits as Humans Fall Behind

TL;DR:

Bots and AI-driven trading strategies are progressively transforming Polymarket’s ultra-short-term crypto markets, turning small stakes into jaw-dropping profits while human traders struggle to keep pace. From temporal arbitrage to advanced machine learning models, these automated systems exploit mi...

Key Points:

Background:

Cryptocurrency hacks and exploits target vulnerabilities in smart contracts, exchanges, bridges, and DeFi protocols. These security incidents have resulted in billions of dollars in losses since Bitcoin's inception, highlighting ongoing challenges in securing decentralized systems.

Why It Matters:

Security breaches undermine trust in cryptocurrency platforms and can lead to significant financial losses for users and investors. Each major hack prompts important discussions about security best practices, insurance mechanisms, and the need for better auditing in the crypto space.