Transit Swap, a multi-chain
Reciprocating the updated security measures implemented by crypto businesses, hackers continue to evolve their methods to dupe investors.
#MEV A very profitable MEV bot, internally named as 0xbad, was somehow tricked/hacked with 1,101 ETH loss (~$1.45M) in the following tx: https://t.co/FxXSY8AyhX
— PeckShield Inc. (@peckshield) September 27, 2022
Recently, a hacker used an Ethereum (ETH) arbitrage trading bot to exploit a “bad code” vulnerability for draining 1,101 ETH, which was around $1.41 million at the time of writing.
