High Alert

ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Cointelegraph
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes addressWorldPing
Image via Cointelegraph.

What happened

An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address.

Key facts

  • Reported by Cointelegraph and published Tue, 15 Sep 2026 15:21:26 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Ethereum, Base wallet standards talks fail, Ethlabs researcher says

  2. How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet

  3. $206M in XRP Just Left an Uphold Wallet. Here’s What Happened Next

  4. ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address

  5. DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance

Sources

The original report was published by Cointelegraph. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Cointelegraph

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