MIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Says

0nekoneko7@lemmy.world to Technology@lemmy.world – 274 points –
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US Attorney Damian Williams said the scheme was so sophisticated that it "calls the very integrity of the blockchain into question."

If that’s actually true, they should be given a sentence of time served and a job writing useful software.

It's not. They tricked some MEV-Boost bots into doing bad trades.

Still highlights a vulnerability doesn't it? The system is only as secure as the most vulnerable piece.

No, it really doesn't. That's like creating a bot that buys and sells company shares automatically, and saying the stock exchange has a vulnerability because your bot makes bad decisions.