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Shutter integrated into Gnosis, introducing anti-front-running trading and sandwich attack functionalities
Odaily Planet Daily News Shutter team said that the protocol "has launched a new solution to prevent front-running, using mempool encryption to combat MEV attacks that earn nearly $900 million from cryptocurrency transactions each year. In collaboration with Gnosis, Shutter will be integrated into the L1 Gnosis chain that is fully compatible with EVM to protect end-users' transactions from front-running and sandwich attacks, and to protect traders from the impact of malicious MEV activities, which may result in significant financial losses and unfair impacts." Shutter is an open-source protocol initially developed by Brainbot that focuses on preventing malicious MEV attacks. (CoinDesk)