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DeFi detective alleges this ‘suspicious’ smart contract code may put dozens of projects at risk -Breaking

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Legendary detective Zachxbt from decentralized finance (DeFi), 31 nonfungible token (NFT) projects may be at risk due to “suspicious code.” In a lengthy Twitter (NYSE:) thread published Tuesday, the DeFi detective first raisedThestarlab NFT project, which was allegedly compromised to 197.175 EtherETHAt the time of publication, it was worth $580 325. Zachxbt quoted MouseDev, a blockchain researcher who reached this conclusion after reviewing Thestarlab code.

MouseDev Claimed that when the projects’ developers deployed their contract, they stored two variables as the owner. “Then they later changed one of them to the null address to appear as though they relinquished but kept another unchanged variable,” said MouseDev.