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Signals and Spoils: Speculative Oracle Extractable Value in the Era of Cross-Chain Interoperability

Announce Type: new Abstract: A new form of Maximal Extractable Value (MEV), termed speculative MEV, has emerged across Layer-2 blockchains. Unlike Ethereum mainnet, many Layer-2 systems lack a public mempool, forcing extraction strategies to become probabilistic: searchers emit multiple identical transactions hoping to capture an opportunity first. This generates substantial transaction spam, increasing fees and wasting block space.

arXiv CS 7d ago

Minutes of the Synchronisation thematic engagement working group - 30 April 2026

Minutes Item 1: Introduction The Bank introduced the first co-creation thematic engagement working group on synchronisation since the terms of reference were refreshed, outlining the group's purpose, structure, and the context of ongoing synchronisation initiatives. The Bank explained that the co-creation working group is intended to gather focused input from industry participants to inform the design of a live synchronisation service, building on previous and ongoing experimentation and...

Bank of England News 6d ago