UNISWAP DRAIN ATTACK

medium.com/dfohub/a-black-hole-in-uniswap-v2s-front-end-router-is-draining-the-value-of-tokens-26f5a459b5d7

Basically, Uniswap's website frontend which is owned and run by a centralized entity in Boston has hard-coded some trading pair routes and it's causing price desync with other pairs which allows arbitrage bots to drain profits out of it.
On one such bot (etherscan.io/address/0xfe7f0897239ce9cc6645d9323e6fe428591b821c) you can see almost 22k transactions in 10 days with over 352 ether collected.

Guys, this very well may be the reason why UNI is dumping so much in price.
Keep in mind that this kind of arbitrage would not be possible if the Uniswap frontend was coded correctly, we really need a new Uniswap frontend done in a way similar to Metamask

Attached: uni_attack.png (1785x1108, 440.29K)

Other urls found in this thread:

medium.com/dfohub/a-black-hole-in-uniswap-v2s-front-end-router-is-draining-the-value-of-tokens-26f5a459b5d7
twitter.com/SFWRedditGifs

This is huge

So... will my money go poor?

FUCK, how do I do this?
>know python, cpp & html

you can't user, the other guy is already doing it. you need to observe it and find out your own exploit

I wonder who is czbehind this drain exploit...

Bullish for UNI

Well shit.

we need a new frontend asap, but who can make one?

So what dose it mean to the normal user?