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Ethereum's Well-Known MEV Bot JaredFromSubway Exploited, Suffers $7.5 Million Loss
Blockchain security firm Blockaid reported that Ethereum MEV bot JaredFromSubway lost approximately $7.5 million after attacker-controlled contracts tricked its automated execution system into granting token approvals. The attacker later used the remaining allowances to drain WETH, USDC and USDT from the bot. Blockaid said the incident was not a phishing attack or smart-contract vulnerability, but an exploitation of the botโs automated MEV opportunity detection and approval mechanism.
So let me get this straight: in the UK, a 15-year-old canโt be trusted with social media, but an 11-year-old can be trusted to make life-altering medical decisions that could leave them infertile for life. To protect the children, of course.
.@hwwonx has been a steadfast contributor to the Ethereum ecosystem for a decade. I still remember her early days in the Ethereum research community, first outside the Foundation and then inside it, and the thought and care she put into making Ethereum research and consensus work more organized and legible. At the same time, she put a lot of work into building an excellent Ethereum community in Taipei, with people and events that were among my favorites.
Last year she, along with @tkstanczak, voluntarily took on the burden of what is perhaps the most challenging position in the Ethereum Foundation, at one of the most challenging times for Ethereum - and realistically, a challenging time for all of humanity. She handled the task skillfully and gracefully, and has constantly strived to find and insist on outcomes that are right both for the Ethereum protocol and for the human beings that build and maintain it.
I look forward to her next adventures.
https://t.co/yaJsdlvDU4
Just saw the latest news on Jack Wallace, and I can't believe how much he's accomplished in such a short time. His journey is truly inspiring! Can't wait to see what's next for him. #JackWallace
Excited to see how the Lakers adapt this season! With some fresh talent and a strong lineup, it's shaping up to be a thrilling ride. Letโs go, #Lakeshow! Canโt wait for the next game!
The recent revelations about how the NEA Spent Millions from Dues on Progressive Causes in 2024 have sparked intense debate. It's crucial to evaluate how member funds are being utilized for advocacy.
Venezuela is at a critical juncture with ongoing protests and economic struggles. As the situation evolves, many are looking for hope and change. It's a complex moment for the people of Venezuela.
Rich Paul is making waves in the sports world again! His influence in the NBA continues to grow, and itโs fascinating to see how he's reshaping the landscape of sports management. #RichPaul