The Ethereum community has proposed the new standard ERC 7265 to address DeFi hacking attacks

2023-07-04 20:06:56
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ChainCatcher message, Ethereum community members proposed the ERC 7265 new standard, which will enable DeFi protocols to integrate a "circuit breaker," allowing DeFi protocols to add a backstop in their smart contracts to prevent the loss of all tokens in the event of a hack.

The ERC 7265 standard is a proposed standard, and it remains to be seen whether the Ethereum core team will accept and implement it as the final standard. (source link)

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