Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft

CryptoSlate3h agoUpdated 2h ago
Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft
Smart Read

The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich attacks, lost more than $7.5 million in an allowance drain after its automated system authorized attacker-controlled contracts to spend its tokens. The bot, known as Jaredfromsubway.eth, approved a series of transactions that appeared to be part of profitable trading routes. Those permis...

Coins in this story

ETH
₹1,566.65
-0.77%
Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Notorious ‘sandwich attack’ bot Jaredfromsubway.eth exploited for $7.5M
CoinTelegraph15h ago60-word brief

Notorious ‘sandwich attack’ bot Jaredfromsubway.eth exploited for $7.5M

Jaredfromsubway.eth was responsible for 70% of sandwich attacks on Ethereum between November 2024 and October 2025....

AI 'Amplification Spiral' May Be Causing Delusions Among Users, Study Suggests
Decrypt2h ago60-word brief

AI 'Amplification Spiral' May Be Causing Delusions Among Users, Study Suggests

New research outlines how chatbot behaviors, including personalization, mirroring, and excessive agreement, reinforce delusions....

Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight
CryptoSlate6h ago60-word brief

Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight

Morgan Stanley filed amended registration statements for proposed Ethereum and Solana ETF trusts on June 18, setting a 0.14% annual delegated sponsor fee on both products. Bloomberg senior ETF analyst Eric Balchunas described the proposed fee as the lowest among ETH and SOL products worldwide. The ETH trust, expected to trade on NYSE Arca under […] The post ...

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.