Another Day, Another Crypto Exploit
An MEV (Maximal Extractable Value) bot just lost $180,000 worth of Ether (ETH). Why? Because someone forgot to lock the front door — digitally speaking.
Blockchain security firm SlowMist reported the drama on April 8. The attacker found a weakness in the bot’s access control and drained 116.7 ETH like it was pocket change.
How Did It Happen?
Threat researcher Vladimir Sobolev explained it like this:
→ The attacker created a fake liquidity pool.
→ The bot unknowingly swapped its ETH for worthless tokens in that pool.
→ Game over.
What’s worse? This happened all in a single transaction — fast, silent, brutal.
Quick Response… But Damage Done
About 25 minutes after the hack, the bot’s owner offered a bounty, hoping to get their ETH back. Meanwhile, they quickly deployed a new bot — this time with better security.
This isn’t the first time MEV bots got wrecked. Back in 2023, another exploit cost bots $25 million. Lesson not learned, apparently.
Fake MEV Bot Guides Are on the Rise
Sobolev also warned of a growing scam trend — fake MEV bot tutorials online. These shady guides lure beginners with promises of easy profit, but instead, they just steal your crypto.
Pro tip: If a random YouTube video tells you it’s “easy ETH” — it’s probably just easy money for the scammer.