Big news on BNB Chain, a type of cryptocurrency network! Many users lost a lot of money because of something called MEV.
- MEV is like an invisible tax where some sneaky bots take your money when you trade cryptocurrency.
- It's happened a lot, costing users over $1 billion!
- Most people want to stop this from happening so much.
| Problem | Cost |
|---|---|
| MEV on BNB Chain (2020s) | Over $1 billion |
| Sandwich attacks (2021) | ~$300 million |
| Sandwich attacks (2024) | ~$1.5 billion |
