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ETH holds $1.7K as analysts watch $4.6K path

Ethereum traded near $1,731 at press time, leaving the asset close to the same area it occupied in March 2021.  Summary Ethereum traded near $1,731 on crypto.news, with buyers still waiting for stronger daily confirmation. Ali Martinez sees $1,060 as a value zone before larger rebound targets emerge for ETH. Binance exchange outflows suggest some…

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JaredFromSubway MEV bot gets drained in $7.5m approval trap

Ethereum’s well-known MEV bot JaredFromSubway was drained after an attacker used contracts that made its automated trading system grant token approvals, according to Blockaid. Summary Blockaid says attacker-controlled contracts tricked JaredFromSubway’s automated system into granting approvals later used for draining. Jared publicly claimed a $15 million loss, while Blockaid’s public estimate stood near $7.5 million….

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