THE ROBOT THAT CHASED PROFITS IN CRYPTO FELL INTO ITS OWN TRAP
One of the most well-known bots on the Ethereum network, famous for making profits through automated trades, lost over US$ 7.5 million after falling into a TRAP designed to fool its own logic.
It wasn't an AI making a conscious decision.
It was a bot programmed to act too quickly, without realizing that the “opportunity” was FALSE.
This type of bot monitors movements on the blockchain and tries to act in fractions of a second to capture profit before other investors.
But this time, the opposite happened.
Someone created a false situation to lure the bot into executing a trade. The bot thought it was facing an opportunity, authorized malicious contracts, and had its funds drained.
The main point and the ALERT is:
when we hand over money to automation, the risk isn't just in the market. The risk can also lie in the very rules that the bot follows.
POLL: would you trust your $$$ to an automatic trading bot?
One of the most well-known bots on the Ethereum network, famous for making profits through automated trades, lost over US$ 7.5 million after falling into a TRAP designed to fool its own logic.
It wasn't an AI making a conscious decision.
It was a bot programmed to act too quickly, without realizing that the “opportunity” was FALSE.
This type of bot monitors movements on the blockchain and tries to act in fractions of a second to capture profit before other investors.
But this time, the opposite happened.
Someone created a false situation to lure the bot into executing a trade. The bot thought it was facing an opportunity, authorized malicious contracts, and had its funds drained.
The main point and the ALERT is:
when we hand over money to automation, the risk isn't just in the market. The risk can also lie in the very rules that the bot follows.
POLL: would you trust your $$$ to an automatic trading bot?
1. Sim, se for bem configurado
0%
2. Não, acho arriscado demais
50%
3. Não entendo bem esses bots
50%
6 votes • Voting closed