A crypto developer mistakenly sent $25 million worth of Renzo tokens to the wrong Ethereum address and is now seeking help from the community to retrieve the funds. The developer is offering a $2.5 million reward to anyone who can help recover the tokens. The tokens were sent to an Ethereum contract address and despite having access to the wallet, the developer is unable to recover the funds due to a bug in ERC-20 transaction handling. The hacker who goes by the name "Dexaran" highlighted the security issue with ERC-20 contracts and recommended the use of ERC-223 as a solution. The developer may need the assistance of Renzo's own developers to update the contract and retrieve the funds. The resolution of the issue is still uncertain, and it is possible that the funds may never be recovered.
- Content Editor ( protos.com )
- 2024-11-12
Dev loses $27M in Ethereum restaking giant Renzo, offers 10% bounty