Ethereum MEV Bot JaredFromSubway Threatens Legal Action After $7.5 Million Loss
In brief Jaredfromsubway, a well-known trading bot, fell victim to a series of transactions that left its logic exposed to malicious behavior. The trading bot...
Tag : MEV
What is MEV? Maximal Extractable Value, the invisible tax on crypto
Every time you trade on-chain, an invisible competition decides the order of transactions in the next block, and whoever controls that order can extract value...
JaredFromSubway MEV bot gets drained in $7.5m approval trap
Ethereum’s well-known MEV bot JaredFromSubway was drained after an attacker used contracts that made its automated trading system grant token approvals, according to Blockaid. Summary...