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CATEGORY: maximal extractable value


Ethereum logs $1M MEV block reward amid Curve Finance exploit

Author: Cointelegraph By Martin Young
United States
Jul 31, 2023 08:20

Ethereum logs $1M MEV block reward amid Curve Finance exploit

The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos.

Unveiling the Hidden Powers within Blockchain: What Is Maximal Extractable Value (MEV)?

Author: Prasanna Peshkar
Germany
Jun 28, 2023 07:05

Unveiling the Hidden Powers within Blockchain: What Is Maximal Extractable Value (MEV)?

One such critical aspect, mostly within the Ethereum network and the larger DeFi space, is the concept of Maximal Extractable Value (MEV).

Subway-themed trading bot makes millions using ‘sandwich’ attacks

Author: Cointelegraph By Brayden Lindrea
United States
Apr 20, 2023 08:20

Subway-themed trading bot makes millions using ‘sandwich’ attacks

The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.

Apr 03, 2023 06:55

Rogue Validator Outsmarts MEV Bots, Resulting in a $25 Million Loss


MEV bots attempting sandwich trades lost $25 million worth of digital assets to a rogue validator. The loss included Wrapped Bitcoin, USD Coin, Tether, Dai, and Wrapped Ether. Blockchain security firm CertiK explained that the attack was due to the centralization of power with validators, making them vulnerable to such attacks. (Read More)

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