Security· ★★★· neutral·

MEV bot Yoink intercepts $7.8M in rsETH from hacker

  • MEV bot Yoink intercepted $7.8 million in rsETH assets
  • The bot front-ran a hacker attempting to withdraw the same funds
  • rsETH is the liquid staking token of the Kelp DAO protocol
Why it matters: The incident underscores the risk of front-running: during exploits, MEV bots can intercept funds before hackers do, affecting the return of assets to users.
Source: Google News (crypto query)