MEV bot makes $10M in $50M crypto swap gone wrong
Aave founder Stani Kulechov says a user confirmed a warning to proceed with the swap, despite “extraordinary slippage,” while a MEV bot also attacked the large transaction.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Aave founder Stani Kulechov says a user confirmed a warning to proceed with the swap, despite “extraordinary slippage,” while a MEV bot also attacked the large transaction.
Why this matters
Aave is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CointelegraphRelated market context
Uniswap Opens TJAR Fee Conversion Beyond Protocol as Robinhood Joins
TL;DR: Searchers compete to exchange the chosen payout token for assets accumulated in the jar. Open searcher competition does not...
A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to over...
Aave Expands Stock-Backed USDC Loans on Base for Eligible Investors
TL;DR: The case study listed seven stocks accepted as collateral at the time and said the market supports continuous borrowing and...
Hoskinson Flags ‘Dangerous’ EIP-7702 Code After Binance’s $6.3B Crypto Breach
Key Takeaways: Hoskinson issued a warning about “seriously dangerous code” that is associated with the Binance hack. Based on an e...
Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales
Bitcoin Magazine Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales Coinbase had a mixed th...
Chainlink Unveils 24/7 Pricing for Tokenized Assets as Aave Adopts Feeds
TL;DR: The service extends a prior 24/5 equity-data product into weekends and holidays. An oracle feed is not a guarantee of a red...