ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address42m, ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes addressAn MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address.
- Posted on September 15, 2026
- By Cointelegraph
- 1 Views
- 1 min read
A dramatic blockchain security incident unfolded when an MEV bot named 'Yoink' intercepted a sophisticated attack targeting Kelp's custom Safe module. The attacker attempted to steal rsETH tokens worth millions, but the bot's front-running strategy successfully captured approximately $7.7M in stolen assets. KelpDAO responded swiftly by freezing the compromised address, preventing further losses and demonstrating the role of MEV mechanisms in blockchain defense.
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ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address42m, ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes addressAn MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address.
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address42m, ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes addressAn MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address. continue reading...
