In recent news, it has come to light that there may be malicious Ethereum verifiers who are attacking some MEV Bots transactions in the block, invalidating the MEV Bots transactions and replacing them with their own transactions. The related MEV Bots have reportedly lost about $25 million, and the attacker has become a validator just 18 days ago.
According to the reports, the attacker had prepared the relevant token 18 days ago, and the relevant source of funds was from the privacy protocol Aztec. The block that contains the malicious transactions only contained 8 sandwich bundles, yet the total loss is around $25 million, which is a significant amount. The victims of the attack were reportedly triggered by pairs that were also created and ‘addLiquidity’ by the hacker.
This attack could be the major turning point for the entire MEV ecosystem, and it looks like a well-planned attack. There are a lot of details that need to be examined, and it is unclear whether the attacker was acting alone or with a group of people.
Many experts in the field, such as @peckshield, @BlockSecTeam, @bertcmiller, @samczsun, and @bbbb, have been sharing their thoughts on the attack and its potential impact on the ecosystem. Some experts have suggested that this could be a rogue validator attack as the proposer was also funded from Aztec.
The loss of $25 million is a significant blow to the MEV Bots and their users, and it remains to be seen how the ecosystem will recover from this attack. The attack highlights the need for stronger security measures and the importance of thoroughly examining new validators before granting them access to the network.
Overall, this is a developing story that will likely have significant implications for the MEV ecosystem, and we will continue to monitor the situation as it unfolds.
#MEV #Ethereum #ETH #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
