Incident Overview
The MEV Bot (0x05f016765c6c601fd05a10dba1abe21a04f924a5) was exploited and lost about 1k ETH! The core reason is that the 0xf6ebebbb function used to trigger arbitrage in the contract lacks authentication. The attacker calls this function to exchange the tokens in the contract into the pool on curve, and then uses funds of the flash loan to reverse exchange and obtain profit.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.