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Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?

Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks. The attacks on DeFi protocols have become all too common, drainin...

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Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?
Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks. 
The attacks on DeFi protocols have become all too common, draining billions in user funds. According to DeFiLlama, around $6.6 billion was stolen in exploits so far, with $5.31 billion of that going to DeFi protocol hackers....
Read More: Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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