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Makina Finance Hit by $4.1M Exploit; MEV Bots Intercept Stolen Funds

Makina Finance Loses $4.1M to Exploit

Dario Cesaro avatar
Written by Dario Cesaro
Updated over 2 weeks ago

Decentralized finance (DeFi) protocol Makina Finance has fallen victim to a significant exploit, resulting in the loss of approximately $4.13 million worth of Ethereum. The attack, which saw 1,299 ETH drained in a single transaction, was further complicated by the intervention of a Miner Extractable Value (MEV) builder that front-ran the attacker, capturing a portion of the stolen assets.

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