Crypto Bots Front-Run Hackers but Control Who Gets Reimbursed

Automated blockchain programs intercept theft attempts to safeguard funds, yet they unilaterally choose which victims receive compensation.

Summary

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Terms & Concepts
  • Front-running: A tactic where transactions are executed ahead of others by anticipating pending blockchain activity.
  • Crypto bot: An automated program that interacts with blockchain networks to execute trades or manage digital assets.
  • Blockchain: A decentralized digital ledger that records transactions securely and transparently across a network.