Ethereum MEV bot suffered an attack, losing $7.5 million
https://t.co/ZMKdfO8yCJ https://t.co/l6cNHzTa1V
Ethereum MEV bot suffered an attack, losing $7.5 million
https://t.co/ZMKdfO8yCJ https://t.co/l6cNHzTa1V
According to Wu, Ethereum co‑founder Joseph Lubin posted that the world needs a trustworthy and neutral digital‑asset settlement platform, and currently only Ethereum fits this role. Lubin said Ethereum’s trustworthiness, neutrality, censorship‑resistance, open‑source nature, and privacy stem from its high decentralization. He also stated that in the future more well‑funded and trustworthy organizations will support the Ethereum Foundation’s work and promote the adoption of technologies such as the mainnet, L2, and private Ethereum environments, and ETH will circulate within a broader Ethereum ecosystem.
https://t.co/cr2ZDP0Iyp
Joseph Lubin 发文力挺 Vitalik 撰写小说。Lubin 称赞 Vitalik 是极其高效的沟通者,也是以太坊生态最重要的贡献者与守护者。针对外界对其写小说的吐槽, Lubin 称这不仅不会耽误技术推进,反而是 Vitalik 促进以太坊增长和普及的高效创新途径,能像密码朋克经典作品一样展现以太坊与 CROPS 技术的优势,成为行业生态变革的催化剂。
Ethereum's Well-Known MEV Bot JaredFromSubway Exploited, Suffers $7.5 Million Loss
Blockchain security firm Blockaid reported that Ethereum MEV bot JaredFromSubway lost approximately $7.5 million after attacker-controlled contracts tricked its automated execution system into granting token approvals. The attacker later used the remaining allowances to drain WETH, USDC and USDT from the bot. Blockaid said the incident was not a phishing attack or smart-contract vulnerability, but an exploitation of the bot’s automated MEV opportunity detection and approval mechanism.
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.