‘Cryptographic performance art’ drains contract one block after launch
A MEV bot was able to drain a new contract one block after deployment, performing what commenters called ‘cryptographic performance art.’
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.
Exploitive trading bot JaredFromSubway.eth takes its name from pedophile Jared Fogle, who featured in Subway ads in the early 2000s.
Maximum extractable value (MEV) will always exist in Ethereum. Here’s how different types of MEV are used by traders.