Curve Finance exploit triggers massive MEV rewards
The Ethereum network recently witnessed some of the highest Maximal Extractable Value (MEV) reward blocks in history, following a vulnerability on the Curve Finance platform. This event significantly reward ed MEV bots that front-ran transactions during the defi crisis, leading to an unprecedented rise in MEV incentives. Ethereum (ETH) core developer “eric.eth” disclosed in a tweet on July 31 that the MEV reward s that day were amongst the largest in the blockchain’s history. Today has produced some of the largest MEV reward blocks in Ethereum’s history. Slot 6,992,273: 584 ETH Slot 6,993,342: 345 ETH Slot 6,992,050: 247 ETH Slot 6,993,346: 51 ETH — eric.eth (@econoar) July 30, 2023 This came on the heels of a significant vulnerability detected and exploit ed on July 30, enhancing the MEV opportunities for Curve Finance’s stable pools. You might also like: BSC suffers $73k Vyper attack following Curve Finance exploit Following the turmoil,...