Anti-Aircraft Gun Shooting Mosquito, MEV Robot Leveraged Millions of Dollars to Snatch a Few Cents from Vitalik
BlockBeats News, May 8th, the robot "JaredfromSubway" recently succeeded in launching a minor MEV attack on Vitalik's token swap. Vitalik originally attempted to exchange 26,544 XDB tokens worth about $3.86 for approximately $4.56 worth of ETH. However, the robot used around $1.14 million WETH to conduct extensive trades between the SushiSwap and Uniswap V2 liquidity pools, manipulating the XDB price and causing a deterioration in Vitalik's transaction slippage. The entire MEV attack involved approximately $1 million in trading volume, resulting in only a few cents of loss for Vitalik, with the robot experiencing a slight loss after deducting a $5.14 Gas fee.
Ironically, Vitalik has long been a vocal critic of "toxic MEV" and has strongly advocated for the inclusion of a cryptographic mempool as a solution in the Ethereum roadmap for 2026. MEV has extracted over $1.2 billion in user value, with 51% attributed to sandwich attacks, fundamentally imposing a hidden tax on regular users through the open mempool. The robot mentioned above, JaredfromSubway, has been notorious for frontrunning meme coin transactions since 2023, previously holding a 7% share of Ethereum's on-chain Gas fees and accumulating profits exceeding $7 million. This time, not even Vitalik was spared.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump connects with Jensen Huang: Slams AI threat as a "scam" and strongly supports data centers, calling them the "oil of the future"
Trump participated in a live call with Jensen Huang, denouncing the AI threat narrative as a scam and stating that data centers are the oil of the future. Despite Nvidia's stock price dropping due to slowdown concerns, Jensen Huang still responded to security warnings.
AI Risks and Calls for "Slowdown" Intensify; U.S. Cybersecurity Stocks Surge Collectively
On Monday, cybersecurity stocks generally rose. As concerns grow among investors about the potential harm artificial intelligence could cause to humanity, and some industry leaders call for slowing down AI development, capital is shifting toward the cybersecurity and related enterprise software sectors.
Telix Pharma CFO Darren Charlton Smith acquires 2,071 common shares for AUD 19,999.58
Canadian Prime Minister: US-Canada trade agreement still possible, breakdown in August negotiations clarified “red lines”
Trump stated on Saturday that an agreement with Canada could come "fairly soon." Canadian Prime Minister Carney welcomed this, saying, "Canada and the United States have a very deep bilateral relationship, and we will eventually reach some kind of agreement." Carney noted that Canada's "red lines" include the protection of sovereignty, cultural preservation, and the unrestricted right to sign trade agreements with other countries.
Crypto prices
More
