Coinbase was stolen by MEV bots due to misconfiguration of interaction with 0x swapper.
2 days ago

According to Odaily Planet Daily, Venn Network security researcher deeberiroz revealed that Coinbase had a misconfiguration in its swapper contract with the decentralized exchange protocol 0x, resulting in a MEV bot stealing approximately $300,000 in token fees. The contract, originally designed for executing transactions, was not designed to receive token authorizations. After Coinbase mistakenly authorized it, the bot called the contract and transferred tokens from the Coinbase fee account. Coinbase Chief Security Officer Philip Martin confirmed the incident, stating that the issue stemmed from adjustments to the company's DEX wallet and did not affect customer funds. The team has revoked the authorization and transferred the funds to a new company wallet. (The Block)

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2025-08-16 00:18
Trump and Putin press conference: No agreement reached on the "most important" aspects
According to Odaily Planet Daily, US President Trump said at a joint press conference with Russian President Putin that he and Putin did not reach an agreement on "probably the most important aspects" during the meeting, but there is a high possibility of reaching an agreement. He said: "We have reached an agreement on many issues. There are only a few points left. Some are not that important. One of them may be the most important, but we have a good chance of achieving it. We haven't done it yet, but we have a good chance of doing it." Trump said he would call Ukrainian President Zelensky, NATO leaders, and other people he deemed appropriate later to inform them of the meeting. Trump expressed hope that the US and Russia would have good and productive meetings in the future and expected to meet with Putin again soon. Russian President Vladimir Putin stated that his meeting with US President Donald Trump was constructive, and that he and Trump had established very good direct contact. He expressed his sincere desire to end the conflict, but all root causes must be addressed, and all of Russia's concerns must be taken into account. He thanked Trump for his cooperation and friendly approach, and expressed his hope that Ukraine and Europe would not attempt to derail the talks. He added that there is enormous potential for investment cooperation between Russia and the United States. He expressed his hope that today's agreement will be the starting point for restoring relations between Russia and the United States. He added that if Trump were president a few years ago, the Russia-Ukraine conflict would not have occurred. He added that his next meeting with Trump may be in Moscow. (Jinshi)
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Trump and Putin press conference: No agreement reached on the "most important" aspects
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