Patrick Züst

solutions architect @flowablebpm | prev: architect @gelatonetwork - research @eth_en - tech correspondent @CH_Wochenende

[Capisco.Agency @WeCapisco]

Attending to the #blockchain #cybersecurity talk by @PatrickZuest @SCSDays #SCSD2022 🙌🙌🙌 🥪 attacks #eth #cryptocurrency #shapingthefuture #capiscoagency

[SCRF @SCRForum]

“Analyzing and Preventing Sandwich Attacks in Ethereum” by @PatrickZuest

Read about a tool that can help foil bots 🤖 uses a method that could have saved traders more than 90 million USD.
https://t.co/m5Ar7Px3JR

[ETH CS Department @CSatETH]

Congratulations to our BSc student @PatrickZuest for writing an excellent Bachelor's thesis on so-called sandwich attacks. #blockchain #cryptocurrency

[Patrick Züst @PatrickZuest]

@icocatapult Merci, Alex. Ich hätte im Artikel auch weniger auf Bitcoin fokussiert, aber kann @nicola_imfeld schon verstehen: Mit BTC als Beispiel wird der Text für die breite Leserschaft zugänglicher. Sandwich-Attacken sind mit (W)BTC zwar seltener, aber auch möglich.

[SCRF @SCRForum]

“Analyzing and Preventing Sandwich Attacks in Ethereum” - @PatrickZuest (@ETH) provides a comprehensive analysis of sandwich attacks on DeFi Protocols, showing that attackers netted ~$190m during the analyzed period, and how traders could have mitigated the amount lost to MEV

[nic carter @nic_carter]

never fail to get a kick out of papers on ETH emanating from ETH Zurich (no relation to the asset)

https://t.co/M7Y3IeIeoD

[Blick @Blickch]

Krypto-Piraten ergaunern 190 Millionen Dollar! ETH-Student enttarnt Sandwich-Trick https://t.co/YN6mlITamT

[Patrick Züst @PatrickZuest]

If you want to check whether you have been attacked in the past, you should have a look at https://t.co/8Q9aESTskU

[Patrick Züst @PatrickZuest]

Excited to share our report on sandwich attacks in Ethereum🥪

Over a period of 12 months, attackers generated a profit of at least 190 million USD.

https://t.co/cUv1ApNp3X

The most important results and why it impacts crypto traders 🧵

[Patrick Züst @PatrickZuest]

Traders can also prevent attacks by using private mempools or decentralized exchanges which are tailored to an Ethereum network where frontrunning is not an exception, but the norm.

[Patrick Züst @PatrickZuest]

The prototype is still hacky, but any feedback and shares are appreciated. My DMs are open if you want to chat. You can also reach me at [email protected]

[Patrick Züst @PatrickZuest]

Crypto traders lose millions every month because their transactions are sandwich-attacked. That's why we built https://t.co/voD8DFkfuE. The tool lets you check whether a trade is susceptible to this kind of attack, and calculates how much money you can save by splitting it up.

[Patrick Züst @PatrickZuest]

This is part of the bachelor thesis I'm currently writing at @ETH. We're quantifying how much money bots make using sandwich attacks, analyze their approach, and want to find out how projects like FlashBots influence the attacks we're observing.