The Ethereum MEV bot jaredfromsubway.eth, known for sandwich attacks that profit from front-running trades, was exploited to lose over $7.5 million. An attacker tricked the bot into approving fake trading routes and malicious contracts mimicking popular tokens like WETH, USDC, and USDT, allowing the attacker to drain funds over several weeks. This incident highlights the risks of automated trading systems that rely on pattern recognition and fast approvals, showing even predatory bots can become victims. The stolen funds were partly routed through Tornado Cash, complicating traceability, and the event underscores the scale and dangers of industrialized sandwich attacks on Ethereum.
SpaceX is ineligible to join the S&P 500 index before June 2027 because of the index's listing rules, which include a minimum time as a public company. Additionally, SpaceX's current financial losses may delay its inclusion further. This means invest...
American spot XRP ETFs are approaching $2 billion in assets under management, driven by significant institutional buying despite a recent 5-6% price drop in XRP. On September 23, net inflows into these ETFs totaled $18.04 million, with major contribu...
Bitcoin experienced $14.19 million in long-position liquidations within an hour ending at 08:52 UTC on September 24, as its price fell 1.19% from $84,509 to $83,500. The total liquidation volume, including short positions, reached $14.27 million acro...
Binance has increased its holdings of Uniswap's governance token UNI to over 71.5 million, the highest in six months, coinciding with the token's price reaching $10.21, a 108% rise from the quarterly baseline. Significant inflows occurred around mid-...
Binance will distribute $800,000 worth of XRP tokens to eligible holders of Ripple USD (RLUSD) in a campaign running from September 24 to October 22. The rewards will be shared across four distributions on October 2, 9, 16, and 23, based on users' RL...
