DefiLlama Founder 0xngmi creates new website to help users check if their addresses have been compromised
On April 10th, it was reported that DefiLlama founder 0xngmi has established a website that can help users check whether addresses have been affected by SushiSwap hackers and know
On April 10th, it was reported that DefiLlama founder 0xngmi has established a website that can help users check whether addresses have been affected by SushiSwap hackers and know which tokens require revocation of authorization.
DefiLlama founder launches a website that can check whether addresses are affected by SushiSwap hackers
The DeFi space has seen an explosion in popularity in recent years, with more and more people flocking to platforms like SushiSwap to stake their tokens and earn yield. However, with the rise of DeFi has come an increase in hacking attempts, with attackers looking to exploit vulnerabilities in these platforms to steal user funds.
Which is why news that DefiLlama founder 0xngmi has created a new website to help users check whether their addresses have been affected by SushiSwap hackers has been met with widespread praise in the community. In this article, we’ll take a closer look at this new tool and how it works.
What is DefiLlama?
Before we dive into the specifics of this new tool, it’s worth taking a moment to discuss exactly what DefiLlama is. Put simply, DefiLlama is a website that tracks the total value locked (TVL) in various DeFi protocols. It provides real-time data on the value of assets staked in these protocols, giving users an insight into the size of the DeFi market at any given time.
DefiLlama has become an incredibly popular site in the DeFi community, with many traders and investors using it as a way to stay up-to-date with the latest trends in the space. Its founder, who goes by the handle 0xngmi, is well-respected within the DeFi space and has been involved in a number of notable projects over the years.
The new website
Now, onto the big news: 0xngmi has recently established a new website that can help users check whether their addresses have been affected by SushiSwap hackers. The site is simple to use: you simply enter the Ethereum address you’re interested in and hit enter. The site will then check whether that address has interacted with any of the SushiSwap contracts that were affected by the recent exploit.
If the site detects that the address has interacted with any affected contracts, it will flag this up and provide additional information on what steps the user should take to protect their funds. If the site doesn’t detect any suspicious activity, it will simply return a message stating that the address appears to be safe.
Why is this important?
Given the recent hack of SushiSwap, which resulted in the loss of millions of dollars worth of user funds, it’s understandable that many within the DeFi space are feeling nervous. This is especially true for users who have been staking their funds on the platform, as they may be unsure whether their assets are safe or not.
The new website created by 0xngmi provides these users with a simple and effective way to check whether their addresses have been affected by the hack. This means that users can take steps to protect their funds if necessary, giving them peace of mind and helping to prevent any further losses.
Conclusion
The DeFi space is still relatively new and there are many challenges facing users and developers alike. However, tools like the new website created by 0xngmi demonstrate that the community is committed to finding solutions to these challenges. By working together and leveraging the latest technology, we can create a safer and more secure DeFi ecosystem for everyone.
FAQs
1. Is the new website created by 0xngmi free to use?
– Yes, the website is completely free to use.
2. Can the new website detect all types of DeFi exploits?
– The website is specifically designed to detect whether addresses have been affected by the recent SushiSwap exploit. It may not be able to detect other types of exploits.
3. How can I protect my funds if the website detects suspicious activity on my address?
– The website will provide guidance on what steps you should take if it detects that your address has been affected by the SushiSwap exploit. This may include revoking authorization for certain tokens or moving your funds to a different address.
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