CyberNews researchers found that front-runners are abusing decentralized cryptocurrency exchanges by draining hundreds of millions in crypto from trader transactions on the Ethereum network. Unsuspecting traders can lose as much as $280 million to front-runner each month. As of May 2021, the total value of cryptocurrency traded across decentralized exchanges (DEXes) has reached more than $58 billion. As opposed to centralized exchanges like Coinbase or Binance, the vast majority of cryptocurrency trading takes place, DEXes are fully decentralized.”]