this post was submitted on 16 May 2024
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285
MIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Says (slashdot.org)
submitted 10 months ago by [email protected] to c/[email protected]
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[–] [email protected] 43 points 10 months ago* (last edited 10 months ago) (1 children)

It's not. They tricked some MEV-Boost bots into doing bad trades.

[–] [email protected] 1 points 10 months ago (1 children)

Still highlights a vulnerability doesn't it? The system is only as secure as the most vulnerable piece.

[–] [email protected] 2 points 10 months ago

No, it really doesn't. That's like creating a bot that buys and sells company shares automatically, and saying the stock exchange has a vulnerability because your bot makes bad decisions.