How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit

The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.

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Four.Meme is Back in Business Following $120K Sandwich Assault

The popular internet trend of meme resumes has spawned a new cybersecurity threat known as Operation Sandwich Exploit. This latest scheme involves cybercriminals creating spoof resumes filled with meme references to infiltrate organizations undetected. These fake resumes contain malicious code hidden within the image files or hyperlinks included in the document. When unsuspecting HR departments [...]

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Crypto Trader Suffers $215K Loss in Sandwich Attack During Stablecoin Swap

A cryptocurrency trader recently suffered a significant loss of at least 215,000 stablecoins due to a sophisticated attack known as the “sandwich attack”. This incident sheds light on the vulnerabilities that traders face in the world of decentralized finance (DeFi). The trader fell victim to a tactic where an attacker places two simultaneous trades around [...]

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Subway-themed trading bot makes millions using ‘sandwich’ attacks

The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.

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Protect Yourself: Understanding Sandwich Attacks in Cryptocurrency

Sandwich Attacks in the Crypto World: A Detailed Look at How to Ensure Safety Cryptocurrency transactions may seem secure, but they are not immune to various types of attacks, including sandwich attacks. Understanding these threats and knowing how to protect yourself is crucial for anyone involved in the crypto space. What are sandwich attacks? Sandwich [...]

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Sandwich attacks in crypto, explained: How to stay safe

Sandwich attacks target traders by manipulating transaction prices. Learn strategies like adjusting slippage tolerance to protect your crypto trades from being exploited.

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Ethereum validator cashes in 689 ETH from MEV-Boost relay

A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months. Ethereum liquid staking solution Lido was paid the reward from block number 17007842 on the Beacon Chain — which was finalized [...]

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Rogue Validator Outsmarts MEV Bots, Resulting in a $25 Million Loss

MEV bots attempting sandwich trades lost $25 million worth of digital assets to a rogue validator. The loss included Wrapped Bitcoin, USD Coin, Tether, Dai, and Wrapped Ether. Blockchain security firm CertiK explained that the attack was due to the centralization of power with validators, making them vulnerable to such attacks. (Read More)

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