ERC20 Token Bank Hack

ERC20 Token Bank was targeted in a flash loan attack, but the attacker failed due to a frontrunning by an MEV bot. The bot earned 108,964 $USD.

An unknown attacker attempted to exploit the ERC20TokenBank contract in the Ethereum chain via flash loan. However, their attempt was thwarted by an MEV bot that anticipated and front-run their transaction. As part of this process, the MEV bot paid 1 $ETH as a bribe to gain priority on transaction ordering and earn roughly 60 $ETH profit.

Attacker address:

https://etherscan.io/address/0x0e816b0d…6f3278

MEV Bot:

https://etherscan.io/address/0xc0ffeeba…f29671

Malicious transaction:

https://etherscan.io/tx/0xcd8fe2ef…f301e1

MEV Bot transaction:

https://etherscan.io/tx/0x578a195e…735f26