Security· ★★★· neutral·

MEV Bot Yoink Front-Runs $7.7M rsETH Exploit, Kelp Freezes Intercepted Funds

  • MEV bot Yoink front-ran the exploit transaction and intercepted about $7.7 million in rsETH
  • Kelp paused parts of its smart contract operations after the incident
  • Intercepted assets were frozen and did not reach the attacker
  • The incident exposed a vulnerability serious enough to require emergency action
Why it matters: The case shows MEV bots can outrace attackers and limit damage, but the rsETH vault vulnerability still needs review.
Source: Bitcoinist