Front-Run Bribe Steals 100k CRV — Elevated MEV Risk
I see a clear on-chain exploit: attackers front-ran a CRV lockup expiry by paying Titan Builder 9.35 ETH to claim and move 100,000 CRV in the same block. The bribe (~$44k) versus the token value (~$104k) shows attackers are willing to pay large fees to capture unlocked tokens.
I view this as a material custody and MEV risk for CRV holders and anyone relying on time-locked flows. The root cause was a compromised wallet combined with exploitable claim mechanics, not a market weakness by itself.
I’m cautious about CRV until protocol-level protections or improved custody practices reduce the incentive for similar front-running attacks.
Analysis
Recommendation
I recommend reducing exposure or avoiding new buys of CRV until on‑chain protections or clearer custody safeguards are implemented; secure private keys and monitor protocol responses closely.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.