On December 1, sandwich attacks targeted over a third of BNB Smart Chain blocks, marking a new high in exploits against decentralized exchanges. Data from Dune Analytics indicates that 35.5% of blocks were affected, impacting $1.5 billion in trades through 43,400 transactions in a single day. This surge highlights the increasing risks faced by DEX platforms. In a previous incident, a bot managed to steal $40 million from 100,000 victims within three months using a similar attack method. BNB Chain has not yet responded to inquiries regarding these attacks. Sandwich attacks involve manipulating markets by placing a victim's transaction between two of the attacker's own transactions. This tactic is often automated by MEV bots, exploiting weaknesses in DEX systems. Experts recommend strategies such as increasing liquidity, using DEX aggregators, and implementing security features to combat these attacks. Read more AI-generated news on: https://app.chaingpt.org/news