0nekoneko7@lemmy.world to Technology@lemmy.worldEnglish · 6 months agoMIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Saysslashdot.orgexternal-linkmessage-square83fedilinkarrow-up1274arrow-down19
arrow-up1265arrow-down1external-linkMIT Students Stole $25 Million In Seconds By Exploiting ETH Blockchain Bug, DOJ Saysslashdot.org0nekoneko7@lemmy.world to Technology@lemmy.worldEnglish · 6 months agomessage-square83fedilink
minus-squareShittyBeatlesFCPres@lemmy.worldlinkfedilinkEnglisharrow-up31arrow-down8·6 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-squareshrugal@lemm.eelinkfedilinkEnglisharrow-up42·edit-26 months agoIt’s not. They tricked some MEV-Boost bots into doing bad trades.
minus-squareassassin_aragorn@lemmy.worldlinkfedilinkEnglisharrow-up1·6 months agoStill highlights a vulnerability doesn’t it? The system is only as secure as the most vulnerable piece.
minus-squareshrugal@lemm.eelinkfedilinkEnglisharrow-up2·6 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.
minus-squareKyrgizion@lemmy.worldlinkfedilinkEnglisharrow-up5·6 months agoMore likely they’ll get the Mitnick treatment.
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