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Laura Shin: Ethereum MEV bot jaredfromsubway.eth exploited for $7.5 million

Laura Shin: Ethereum MEV bot jaredfromsubway.eth exploited for $7.5 million
Ethereum MEV bot loses $7.5 million

Laura Shin reports that Ethereum's well-known MEV bot, jaredfromsubway.eth, was exploited in an attack resulting in a loss of $7.5 million. The update also notes that Michael Saylor has signaled that Strategy continues its Bitcoin acquisition, and that Charles Schwab is planning S&P 500 prediction bets in collaboration with Cboe.

Shin has previously examined Wall Street’s optimism about Ethereum, with attention to shifting trends in ETH burn activity and fees in her recent analysis. She has also reported on BlackRock’s launch of the BITA ETF, which provides bitcoin exposure and yield through covered calls, targeting institutional investors, as detailed in her coverage of the product rollout. These reports reflect growing institutional participation in digital assets alongside ongoing developments in the sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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