The post Base Attacker Loses Funds to MEV Bot After $500,000 Wallet Drain appeared first on Coinpedia Fintech News
A wallet controlled by an attacker drained approximately 500,000 USDC from a victim address on the Base network, according to PeckShield. However, the attacker’s subsequent token swap lacked sufficient slippage protection and was sandwiched by an MEV bot, significantly reducing the proceeds. As a result, the attacker reportedly received only about 67 WETH, worth roughly …
Stripe-owned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework. Source link
Read more
The Solana price may still be trading well below previous highs, but activity across the network has a different theme. While the token climbed from June’s low of...
Read more
Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced any losses. Source link
Read more
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....
Read more
Analyst Jake Claver argues DeFi is standing at a fork in the road, and the path it takes will determine whether institutional capital ever shows up at scale....
Read more
