Trader loses $2M in ‘same-block backrun extraction’ exploit
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cointelegraph - are covering this story. TL;DR: A same-block backrun extraction exploit left a trader with just $14,500 after swapping $2.01 million worth of Ethereum on a DEX. Titan Builder was the biggest beneficiary of the exploit, pocketing $1.8 million as a reward for buildin…
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$2M Vanishes in Same‑Block Backrun Exploit That Could Have Been Avoided, Says Analyst
TL;DR: A same-block backrun extraction exploit left a trader with just $14,500 after swapping $2.01 million worth of Ethereum on a DEX. Titan Builder was the biggest beneficiary of the exploit, pocketing $1.8 million as a reward for buildin…
Trader loses $2M in ‘same-block backrun extraction’ exploit
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.