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More blockchain sandwich attacks and victim becomes predator
- justjonathan 5y agoThis is an update in the war started by: https://news.ycombinator.com/item?id=26514624 https://news.ycombinator.com/item?id=26514624 "The owner of the first poisonous token noticed their victim was the latest predator on the block and they dropped a cryptographically signed note of respect in the Flashbots discord": From: https://etherscan.io/verifySig/2503 https://etherscan.io/verifySig/2503 : Congratulations 0x2, looks like I was sloppy and left some money on the ground. You have my respect, not a lot of people react like you did.
- justjonathan 5y agoAnother example of the dangers of "risk free" aggression in DeFi Land: https://twitter.com/SiegeRhino2/status/1381035640989626369 https://twitter.com/SiegeRhino2/status/1381035640989626369 Some choice excerpts: "a bot paid a hefty 68 ETH fee to the miner in order to buy 100 ETH worth of KTN before anyone can..." "The catch is ... there is a line in the code that says that liquidity snipers can't dump their tokens..." "The @kattanatrade team even published the source code, with the "LiquidityTrap" feature, which prevents sniper from dumping their token."