Coinbase Loses $300K in MEV Exploit After Misstep With 0x Swapper Contract

Crypto exchange Coinbase lost roughly $300,000 in token fees after a misconfigured interaction with decentralized exchange protocol 0x’s “swapper” contract allowed MEV bots to siphon funds from one of its corporate wallets. Coinbase’s chief security officer Philip Martin confirmed the mishap and…
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