TL;DR A prominent Ethereum MEV bot reportedly lost between $7.5 million and $15 million in a counter-MEV exploit. The attacker allegedly used …
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Markets
Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit
by shayaanby shayaanBlockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT. www.coindesk.com
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Regulation
SEC Charges Texas Man in $12.3 Million Crypto Fraud Scheme Involving AI Trading Bot
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) has filed charges against Nathan Fuller, a Texas resident, for allegedly orchestrating a $12.3 million …
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Finance
This bot only bets ‘No’ on Polymarket, and its creator keeps losing money
by shayaanby shayaanSomeone built a money-losing Polymarket bot that only spends money on “No” trades, i.e. bets that events won’t occur. It is a …
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A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or …
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On March 12, 2020, a single bot acquired $8.32M in $ETH and paid absolutely nothing. MakerDAO’s liquidation system worked exactly as designed, …
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Smart Contracts
Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash
by shayaanby shayaanThe recently popular meme coin Fartcoin is down 17% in the past 24 hours amid news that Andy Ayrey, creator of the …
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Smart Contracts
Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
by shayaanby shayaanAn automated trading bot recently performed a complex series of transactions on the Ethereum ETH/USD blockchain. According to The Block, the transactions involved …