ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address
An 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.
What happened
An 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.
Why it matters
The incident may affect operational continuity, asset safety or trust around Ethereum. Watch for verified scope and remediation.
Affected entities
Ethereum · ETHNeutral
View evidence
1 reports · 1 original report · 1 independent
- CointelegraphPrimary source · Supports · EN · 100%ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address ↗
Claims
- ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
ETH · 15 min+0.10%
ETH · 1 h-0.33%
ETH · 4 h-0.38%
ETH · 24 h-0.62%
Score explanation
Confidence · formula confidence-2.1.0
Source trust63
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude96
Market relevance74
Entity significance94
Market breadth54
Novelty68
Urgency96
capital magnitude30
Ranking · formula rank-1.0.0
Confidence factor0.82
Freshness factor0.9989
Breaking bonus8