News linked to both this project and an event.
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, worth approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, and funneled the funds into Tornado Cash. The stolen assets have not yet been recovered.Sandwich attacks are a form of Maximal Extractable Value (MEV): the bot monitors large transactions in Ethereum's public mempool, buys ahead of the target transaction, and sells after the transaction pushes the price up, capturing profits from the spread. The bot's primary contract had received a cumulative total of 117,007 ETH as of August 28.MEV-Boost block construction is centralized among a small group of participants, with relay.ultrasound.money, Titan Relay, and bloXroute regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of the blocks. Monthly sandwich attack extraction amounts have declined from approximately $10 million in late 2024 to roughly $2.5 million in October 2025. (Bitcoin.com News)
Odaily news "On-chain detective" ZachXBT posted in his personal channel, stating that Telegram continues to allow scam advertisements to be displayed to subscribers in his channel, impacting user experience and posing potential security risks.ZachXBT stated that if users are Telegram Premium members and wish to support upgrading his channel, they can help it reach the required level by using the channel's Boost function, thereby unlocking the ability to disable ads. Currently, the channel needs to reach Level 50 to enable the ad-disabling option.ZachXBT has long focused on scams, hacker attacks, and on-chain fund tracking within the crypto industry, and has repeatedly exposed incidents involving phishing attacks, fake projects, and fund theft.This time, he raised concerns about Telegram's advertising mechanism, arguing that the platform allowing scam advertisements to appear in crypto community channels may increase the risk of users encountering malicious links and fraudulent activities.
DeFi project Carrot announced it will cease operations due to the significant operational impact caused by the Drift vulnerability exploit. Carrot has set May 14 as the deadline for users to withdraw remaining funds from Boost, Turbo, and CRT. Following this, the platform will begin deleveraging its system—reducing all leverage to zero—to free up liquidity for CRT redemptions. Carrot stated that user-deposited funds remain the property of users; should Drift pursue any subsequent recovery measures, related funds will still be distributed per prior announcements.