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Coinbase suffered an MEV bot attack due to its interaction with the 0x exchange, resulting in an estimated loss of $300,000. - CoinFeed
Time 04:20

Coinbase suffered an MEV bot attack due to its interaction with the 0x exchange, resulting in an estimated loss of $300,000.

August 14, 2025
CoinFeed News

Venn Network security researcher deeberiroz reported that Coinbase lost approximately $300,000 due to a misconfiguration in the interaction between Coinbase and the 0x project's "switcher" contract. In response, Coinbase Chief Security Officer Philip Martin stated that no customer funds were affected and that this was an isolated incident.

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