#jaredfromsubway

Ethereum MEV bot JaredFromSubway was reportedly exploited for over $17M after an approval-based attack drained key tokens. Ethereum traders are reviewing a major security incident after JaredFromSubway, one of the network’s best-known MEV bots, was reportedly exploited. Blockchain security firm Blockaid said the bot lost about $7.5 million through attacker-controlled contracts designed to mislead its […] The post The $17M MEV Bot Exploit That’s Shaking Ethereum Traders appeared first on Live Bitcoin News.

JaredFromSubway MEV bot was drained after attacker approvals let a wallet pull WETH, USDC and USDT from its Ethereum contract, records show.

The exploit underscores the vulnerability of MEV bots, highlighting the need for robust security measures in decentralized finance operations. The post JaredFromSubway MEV bot exploited for over $15M appeared first on Crypto Briefing.