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CATEGORY: circuit breaker


ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer

Author: Cointelegraph By Felix Ng
United States
Jul 07, 2023 08:20

ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer

Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March.

Ethereum Developer Proposes DeFi “Circuit Breaker”

Author: Aishwarya shashikumar
Estonia
Jul 08, 2023 02:30

Ethereum Developer Proposes DeFi “Circuit Breaker”

Ethereum developer Diyahir Campos took action after being targeted by the Euler Finance hack in March. The recently published ERC-7265 proposal introduces a decentralized finance (DeFi) “circuit breaker” designed to prevent the theft of billions of dollars’ worth of crypto from DeFi protocols in 2022. On July 3, an Ethereum request for comment (ERC) was […]

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