• Uniswap’s liquidity pool suffered an attack amounting to a $25 million loss.
• Investigation showed that a validator could be involved.

Uniswap [UNI] has become the latest casualty of exploits in the cryptocurrency industry. The attack was on the protocol’s Liquidity Pool (LP) and ended in the perpetrators carting away $25.2 million. A smart contract developer, who pseudonymously goes by Punk3155 on Twitter, alerted the community about the issue.

Dusk for sandwich bots? A few top mev bots were targetted in blockhttps://t.co/tnlx5tAX1G@peckshield @BlockSecTeam @bertcmiller @samczsun @bbbb

— 3155.eth (@punk3155) April 3, 2023

Realistic or not, here’s UNI’s market cap in BTC’s terms

Validator gone rogue?

The developer who monitored every step of the activity noted that it was likely the handwork of crook validators who joined the protocol 18 days back. He pointed out,

“Looks like a

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Author: Victor Olanrewaju

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