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CATEGORY: maximal extractable value

Subway-themed trading bot makes millions using ‘sandwich’ attacks
Author: Cointelegraph By Brayden Lindrea
United States
Source: Cointelegraph.com News
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.

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Rogue Validator Outsmarts MEV Bots, Resulting in a $25 Million Loss
Hong Kong
Source: Blockchain News
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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