Coinbase hacker panic-sold ETH during market crash at a $4.5M loss
The hacker linked to the theft of 400 BTC panic-sold their ETH during today’s crypto crash and lost $4.5M in the process.
The hacker linked to the theft of 400 BTC panic-sold their ETH during today’s crypto crash and lost $4.5M in the process.
The April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users.
Before Ethereum activated EIP-7702 in May, researchers warned about major risks of theft and crime. Their predictions have come true.
The number of staked ETH in the exit queue jumped 60% yesterday, from just over one million ($5.7B) to over two and a half million ($11.7B).
Linea faced “degraded performance” of its mainnet sequencer, while Polygon reported “delays in block finality” due to a bug in node software.