《$7.5 Million Counterattack: When Ethereum’s Biggest Sandwich Bot Falls into Its Own Trap》(author Cathy Plain Language Blockchain)Ethereum “sandwich bot” MEV attacks continue to erode transaction security. Jared’s obvious losses and multiple “dangling authorization” exploits expose common risks for exchanges and users: before the mempool is front‑run, a large buy order can be front‑run, pushing the price up, then sold at a higher price, swallowing the profit. 66 fake‑token lure attacks, un‑cleared authorizations leading to fund theft, and time‑bandit style block re‑ordering jeopardizing finality. Countermeasures: use Flashbots Protect/MEV Blocker, revoke unnecessary authorizations, monitor authorization safety and mempool risks. Read the full article: https://t.co/nPtzyKjYqc
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🔔 Over $5B in #Ethereum shorts are stacked above price, with the largest liquidation zone sitting between $1,800–$19,00.
Positioning is becoming increasingly one-sided. 👀 $ETH https://t.co/g0dVHhCYJe
It looks like Ethereum will close Q2 in the red. https://t.co/OStr3pKBO6
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Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
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