this post was submitted on 16 May 2024
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[–] [email protected] 28 points 10 months ago (5 children)

US Attorney Damian Williams said the scheme was so sophisticated that it "calls the very integrity of the blockchain into question."

If that’s actually true, they should be given a sentence of time served and a job writing useful software.

[–] [email protected] 43 points 10 months ago* (last edited 10 months ago) (2 children)

It's not. They tricked some MEV-Boost bots into doing bad trades.

[–] [email protected] 1 points 10 months ago (1 children)

Still highlights a vulnerability doesn't it? The system is only as secure as the most vulnerable piece.

[–] [email protected] 2 points 10 months ago

No, it really doesn't. That's like creating a bot that buys and sells company shares automatically, and saying the stock exchange has a vulnerability because your bot makes bad decisions.

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