Ethereum Validator Scores Big With 689 ETH From MEV-Boost Relay
Ethereum Beacon Chain has raised eyebrows in the cryptocurrency community. Specifically, a single block, built by beaverbuild.org and containing 47 transactions, resulted in a reward of 689 Ether, worth $1.28 million. The recipient of this impressive bounty was Lido, a popular solution for Ethereum liquid staking. Interestingly, this is not the first time Lido has received a reward of this magnitude; just last month, the solution was paid 691 Ether.
While the success of Lido is commendable, the transaction has sparked concerns about Miner Extractable Value (MEV)-boost relays, which can extract value by aggregating blocks from multiple builders to select the one with the highest fees. This has resulted in over $1.38 billion in MEV extraction from Ethereum users attempting to trade, provide liquidity, and mint nonfungible tokens (NFTs). One of the most common types of MEV exploits is the “sandwich” attack, which occurs when an attacker places a large trade on either side of a target’s transaction, manipulating the price and profiting from the price change.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
