Ethereum ( ETH) that actively offers arbitrage in its network MEV bootsby an Ethereum validator $25 million was abused.
Ethereum According to data revealed by network logs, several top MEV bots trading on Ethereum have been exploited. Data revealed by Peckshield and WuBlockchain indicates that a malicious Ethereum validator could be behind the exploit, invalidating and modifying transactions in MEV bots.
There may be malicious Ethereum verifiers who attack some MEV Bots transactions in the block, invalidate the MEV Bots transactions and replace them with their own transactions. Related MEV Bots have lost about $25 million. The attacker has become a validator 18 days ago…
— Wu Blockchain (@WuBlockchain) April 3, 2023
Ethereum MEV Bots Lose $25 Million
Several MEV bots doing active arbitrage on the Ethereum network were exploited by an Ethereum validator 18 days ago. The exploiter stole about $25 million from MEV bots. It was observed that the exploiter and his transactions passed through the privacy protocol Aztec.
Dusk for sandwich bots? A few top mev bots were targetted in blockhttps://t.co/tnlx5tAX1G@peckshield @BlockSecTeam @bertcmiller @samczsun @bbbb
— 3155.eth (@punk3155) April 3, 2023
It was a Twitter user named punk3155 who revealed this exploit. The user underlined that the exploit could be an important turning point for MEV bots.
Peckshield, who was involved in the subject, stated that the vast majority of the funds stolen by the abuser were kept at 3 different addresses. In addition, Peckshield stated that 8 addresses included in the exploit withdraw money from the Kucoin exchange.
#PeckShieldAlert The stolen funds (~25M) are mainly located in 3 addresses, 0x3c98…8eb (~20M), 0x5b04…5b6 (~2.3M) and 0x27bf…f69 (~3M)
0x84cB…8D1, 0x88Fd…7EE, 0x94e0…87C, 0x0429…46C, 0xEafc…D1B, 0xCaCE…975, 0x5b04…5b6 and 0x27bf…f69 these 8 addresses were… https://t.co/7g60VX8ica pic.twitter.com/7oFwYSVoyn— PeckShieldAlert (@PeckShieldAlert) April 3, 2023
