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Censorship risks over Ethereums block producing industry are melting away as OFAC compliant MEV-Boost relays keep building fewer and fewer blocks. A Steady Decline Ethereums censorship issues are slowly getting...
Lead MEV organization Flashbots is conducting a reverse-pitching process to raise between $30 million and $50 million. The company has recently come under fire for its role in censoring Ethereum...
More and more Ethereum blocks are being produced by censorious MEV-Boost relays, the most notable of which is Flashbots. If it really has Ethereums best interests at heart, perhaps the...
Gosselin’s departure has left a leadership hole at Flashbots. (Read More)
Labrys CEO Lachlan Feeney is trying to raise awareness amongst validators running Flashbots’ software that they may potentially be contributing to censorship within the Ethereum network.
Ethereums neutrality is being put to the test by MEV-Boost relays, which have had the power to censor transactions in about a quarter of all blocks issued since September 15....
A Maximal Extractable Value (MEV) bot 0xbaDc0dE lost over $1 million after a hacker exploited a flaw in its code.
The post This MEV bot gained and lost over $1M in 1 hour appeared first on CryptoSlate.
We are certain that you have heard of front running. Generally, it means that a programmed bot saw your transaction in the mempool (where transactions are stored before the final settlement and addition into blocks), executed it first before you (think high gas!) and put you at a disadvantage. But, what if you could skip the mempool entirely and relay your transaction directly to the miners, so there was no chance of that happening? Enter Flashbots Protect RPC.
https://twitter.com/mistXlabs/status/1448746120046432261Alchemist has announced a revolutionary new product Flashbots Protect RPC to protect against front running and the best part is that setting it up is really simple and takes no more than 5 minutes! The users enjoy the added advantage of not paying for failed transactions and priority processing in blocks, where they are included. For setting up MetaMask plus Ledger for the safest crypto setup, you can see the below available guide.
https://cryptoticker.io/en/how-to-use-ledger-plus-metamask/Otherwise, just open MetaMask and enter the following custom RPC. Then, save and choose the Flashbots Protect RPC from the network list.
Front Running - MetaMask ConfigurationNetwork Name: Flashbots Protect RPC
New RPC URL: https://rpc.flashbots.net
ChainID: 1
Currency Symbol: ETH
Assume that you are planning to buy a certain asset on Uniswap. Since you are feeling FOMO, you increase the slippage limit. So even if the price of the asset goes up in the meantime, you wouldn’t be left with a reverted or failed transaction. When your tx is sent to the mempool, a generalized front running bot notices it. It then decides to extract the value for itself (or its owner by proxy). Later, the bot sends the same transaction with a higher gas fee, buys the asset, inflates its price, and sells back the asset to you. This is just one basic example.
front running metamask configuration © Cryptoticker
The post Front Running Protection – How To Configure MetaMask appeared first on CryptoTicker.
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
The app chain promises faster and cheaper transactions and cross-chain interoperability, according to Uniswap.
A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months. Ethereum liquid staking solution Lido was paid the reward from block number 17007842 on the Beacon Chain — which was finalized [...]
The post Ethereum validator cashes in 689 ETH from MEV-Boost relay appeared first on Crypto Breaking News.
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