Ethereum validator cashes in 689 ETH from MEV-Boost relay

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Ethereum validator cashes in 689 ETH from MEV-Boost relay
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An Ethereum validator raked in one of the highest recorded rewards in recent months from a single block using a MEV-boost relay.

to MEVBlocker, MEV bots have extracted more than $1.38 billion from Ethereum users attempting to trade, provide liquidity and mint nonfungible tokens .

These centralized MEV-boost relays are able to extract value by aggregating blocks from multiple builders in order to select the one with the highest fees.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.

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