MakinaFi platform hacked, 1299 ETH stolen, MEV front-running transactions led to increased losses

DAOplomacy · 2026-01-20T04:36:09+00:00

MakinaFi was hacked on January 20th, resulting in the theft of 1299 ETH, worth approximately $4.13 million. When the attacker transferred the stolen funds, they were front-run by an MEV address, and the funds were split between two addresses. This incident highlights the security risks of DeFi platforms and serves as a reminder for users to carefully assess risks.

DAOplomacy

2026-01-20 04:36:09

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【Blockchain Rhythm】On January 20th, another platform was hacked. This time the target was MakinaFi, with stolen funds amounting to 1,299 ETH, worth approximately $4.13 million USD.

Worse still, the attacker encountered MEV address frontrunning during the transfer of stolen funds, making the flow of funds even more complex. According to monitoring, the stolen funds are currently split between two addresses—one holding about $3.3 million USD and the other about $880,000 USD.

This reminds us that even DeFi platforms are not immune to security risks. It is really necessary to conduct a thorough risk assessment before participating in any platform.

ETH-6.96%

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SeasonedInvestor

· 1h ago

Another incident, the DeFi circle has never been peaceful --- 1299 ETH just disappeared, and it was caught by MEV front-running? Laughing out loud, hackers get double harvest when stealing money --- Every time they say risk assessment is necessary, but those who actually enter the market still go all-in --- That's why I only play on big platforms. No matter how attractive small projects are, I won't touch them --- MEV is really incredible, even hackers can't escape this wave of exploitation --- $4.13 million just vanished, how strong must that mentality be... I can't take it --- Regarding DeFi security, saying it a thousand times won't help users remember, and someone gets scammed again next month

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GasFeeCrier

· 21h ago

MEV is still stealing hackers' money; this on-chain world is truly incredible.

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POAPlectionist

· 21h ago

Another "secure" platform has crashed, laughable Hackers are exploiting, MEV is also being exploited, no one is having a good time This is defi, even after losing all the funds, you still have to share with middlemen

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BagHolderTillRetire

· 21h ago

Another one... Every day someone gets caught, this time 1299 ETH are gone. Oh my goodness. MEV also took a wave of profits, really incredible. Hackers are not as ruthless as bots. Storing your own wallet is the way to go, everyone. Don't trust these flashy platforms anymore.

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