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Only in crypto, a hacker steals 2800 eth ($5.5m) from curve only to get frontrun by a mev bot and lose it all to the bot. The bots owner returns the stolen eth back to curve
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Only in crypto, a hacker steals 2800 eth ($5.5m) from curve only to get frontrun by a mev bot and lose it all to the bot. The bots owner returns the stolen eth back to curve submitted by /u/NaturephilicReaction
[link] [comments]/u/NaturephilicReaction
A quick and simple explanation of what happened is that the hacker exploited curve, and tried to steal 2800 eth, but a mev bot ran by coffeebabe.eth frontran the transaction and stole it from the hacker.
For those who may not know how a mev bot works, a mev bot searches the chain for profitable traders and frontruns the transactions through using higher gas.
In this case, the bot spotted the trade, and did the same transaction but with a higher gas resulting in the bots transaction going through first and getting the 2800 eth instead of the hacker. The mev bot deployer is also a white hat, and returned the stolen funds!
The transaction here - https://imgur.com/a/ErRq2TY
[link] [comments]/u/NaturephilicReaction
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