@0nekoneko7 to TechnologyEnglish • 7 months agoMIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Saysslashdot.orgmessage-square92arrow-up1287arrow-down110
arrow-up1277arrow-down1external-linkMIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Saysslashdot.org@0nekoneko7 to TechnologyEnglish • 7 months agomessage-square92
minus-square@ShittyBeatlesFCPreslinkEnglish28•7 months ago 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.
minus-square@[email protected]linkfedilinkEnglish44•edit-27 months agoIt’s not. They tricked some MEV-Boost bots into doing bad trades.
minus-square@assassin_aragornlinkEnglish1•7 months agoStill highlights a vulnerability doesn’t it? The system is only as secure as the most vulnerable piece.
minus-square@[email protected]linkfedilinkEnglish2•7 months agoNo, 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.
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.
More likely they’ll get the Mitnick treatment.
They are good at fraud