Base’s Flashblocks have enabled bots to outmaneuver its own founder, resulting in the theft of $1.3 million by snipers. This recent incident raises concerns about the security features within the platform. Snipers, a term used to describe these bots, have exploited vulnerabilities to gain an advantage. The situation highlights significant issues regarding the integrity of trading mechanisms and automated systems. As the platform grapples with these challenges, it remains unclear how it will address the exploitation of its technology. Users are left questioning the effectiveness of safeguards intended to protect against malicious activities. The incident underscores the necessity for enhanced security measures in the rapidly evolving landscape of automated trading.
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