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TipRanks on MSNCoinbase Loses $300K in Token Fees after 0x Contract Error
Coinbase (COIN) has admitted to losing about $300,000 in token fees after a serious error involving a 0x Project smart ...
Coinbase has lost $300,000 in accumulated fees to an MEV bot after interacting with the 0xProject swapper smart contract.
An MEV bot drained about $300,000 from Coinbase after a 0x switcher approval blunder. Customer funds are safe.
Coinbase lost $300,000 in token fees after a misconfigured 0x contract approval let an MEV bot drain its corporate wallet. No customer funds were affected.
The bots simply waited for a high-value wallet — like Coinbase’s fee receiver — to mistakenly grant spending rights to an exposed contract, then executed the drain instantly.
Unicoin CEO Alex Konanykhin says major U.S. banks are still closing crypto firm accounts under “Operation Chokepoint,” even as Trump readies an order to curb debanking.
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