Crypto Heist Foiled: $10M DeFi Backdoor Neutralized in Epic Rescue Mission
On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in an X post that a backdoor exploit had been silently threatening the ecosystem for months. The researcher said the exploit targeted uninitialized ERC-1967 proxy contracts, allowing them to hijack the contracts before they had been properly set up. đľď¸ââď¸



