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Crypto Trading Bot Earns $1 Million but Loses Everything to a Hacker an Hour Later
Breaches and Incidents
September 29, 2022
Coin Telegraph
According to the blockchain security firm PeckShield, the bug can be traced back to the bot's callback routine, and this was exploited by the hacker to approve an arbitrary address for spending.
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Arbitrage Trading Bot
Ethereum
Callback Routine
CryptoCurrency Theft
Maximal Extractable Value (MEV)
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