This is actually insane π€―
JaredFromSubway's MEV bot (the one that's been printing money for ages) just got cooked for $7.5 million in one of the sneakiest exploits I've seen.
This wasn't a contract hack. It wasn't phishing.
The bot basically approved its own robbery because it thought it was about to feast on a juicy MEV opportunity.
What happened:
> Attacker deploys fake wrapper tokens (fWETH, fUSDC, fUSDT) along with fake liquidity pools designed to look profitable
> The bot spots the "opportunity" and does what it's programmed to do, approving attacker-controlled helper contracts as spenders
> During early tests, those approvals get used immediately, so nothing appears suspicious
> In later transactions, the bot grants approvals that are never consumed or revoked, leaving the attacker with unlimited spending power
> Once enough approvals are collected, the attacker executes the final drain
> WETH, USDC, and USDT are pulled directly from the bot contract via transferFrom and sent to the attacker's wallet (0x3e37f4A10d771Ba9dE44b6d301410b1BEdeA65d0)
One example:
The bot approved more than 92 WETH to one of the attacker's helper contracts, and that approval simply remained active until the funds were drained.
This wasn't some random wallet drainer.
The bot's own automation was turned against it. It was doing exactly what it was designed to do, and that logic ended up being its downfall.
Wild times in MEV land.
Always revoke approvals, kids.
Even if you're a bot making millions.
Best case scenerio for crypto right now is 90% of coins go to 0 and everyone consolidates into the last 10% to try and find practical use cases and revenue streams for those products.
The age of devs using high FDV projects with long vesting periods to enrich themselves is over.
This guy did more for the success of the One Piece card game than anyone. Having a fully working simulator running from OP01 onboarded more people to play the game than any influencer could have.
Best case scenario for crypto right now would be Bitcoin rallying and while the rest of the crypto market remains flat.
Hard to see Bitcoin making a real run while the market is deciding that all the dogshit alts must be dragged upwards with it.
PSA should never have been allowed to acquire Beckett. Most obvious market cornering monopoly that has been allowed to happen. I understand that crime is legal under Trump but there has to be some form of accountability.
PSA Parent Company, Collectors Holdings, faces antitrust lawsuit over SGC, Beckett acquisitions.
"Collectors Holdings Inc faces proposed class action alleging acquisition of SGC and Beckett created an illegal monopoly, harming trading card hobby enthusiasts with higher prices and poor service standards."
Source:
https://t.co/Ja0TF6xqSx
Yu-Gi-Oh vintage and higher end modern printings of vintage cards seeing pretty healthy levels of liquidity coming back
Seems like people are trying to position themselves appropriately coming up to the English printings of the Overlimit Collections
Picture below whatβs coming
my crypto hot take is every single coin other than Bitcoin is a bust and will either not be around or not be relevant in 5-10 years from now, that includes Ethereum, Solana (already happened) etc
my TCG hot take is every single TCG other than Pokemon is a bust and will either not be around or not be relevant in 5-10 years from now, that includes one piece, magic the gathering (already happened) etc
my TCG hot take is every single TCG other than Pokemon is a bust and will either not be around or not be relevant in 5-10 years from now, that includes one piece, magic the gathering (already happened) etc
Agree with this. You need top tier strength underlying IP to make a TCG that people will consider playing and Azuki is not that.
Feels more like an exercise of self indulgence for the rich nft holders rather than a serious attempt to break into the already competitive tcg space
I donβt like Azuki and genuinely believe the TCG is not high quality.
If youβre buying this as a long term investment youβre almost certainly lighting money on fire