According to Zachxbt, well-known Decentralized Finance (DeFi) sleuth, there are 31 NFT token projects that may be at risk due to cryptocurrencies. “Suspicious code” in a Twitter thread published on Tuesday.
DeFi detectives have raised the issue of the allegedly infringed NFT project “Thestarlab” of 197.175 Ether (ETH) worth $580,325 at the time of publication. Zachxbt cited blockchain investigator MouseDev, who came to the following conclusion after: Check out the code behind Thestarlab:
“smart contract [สำหรับโครงการนี้] Truly non-disabled or transferable — only possible for additional owners, the original deployer is always considered the owner. This means that if they still have the deployer’s private key, they can retrieve the money. even if the owner is an empty address.”
MouseDev claimthat when project developers deploy contracts They keep two variables for ownership. Then they changed one of them to an empty address to make it appear as if they had abandoned it. but other variables remain unchanged,” MouseDev said.
Based on this information, Zachxbt claims to have 31 NFT projects, all contracted to the same developer Fiverr to deploy the alleged problematic smart contract. The DeFi Investigator also made the following observations:
You should always check the contract first. Especially if it’s outsourced, which fortunately since then. Some projects can move contracts and face Fiver dev after internal investigations. But few found other red flags as well.”
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