$25 million Ethereum MEV exploit puts ‘Code Is Law’ on trial
The April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users.
The April 2023 exploit allowed the brothers’ validator to drain “predatory” MEV bots who attempt to profit off transactions of regular users.
A new report, titled MEV and the Limits of Scaling, explores the vast volume of MEV spam offsetting improvements in blockchain throughput.
A MEV bot was able to drain a new contract one block after deployment, performing what commenters called ‘cryptographic performance art.’
Despite what many may think, MEV isn’t merely an Ethereum problem. In fact, it first occurred on Bitcoin and is still causing issues.
Anton Peraire- and James Peraire-Bueno face charges of wire fraud, conspiracy to commit wire fraud, and conspiracy to launder money.