Nexera DeFi Protocol Hacked: $1.8M Stolen in Major Smart Contract Exploit

Remember, code is law. It wasn't stolen, the code has decided that it belongs to the exploiter.

It's funny how this keeps happening, and mostly keeps happening in the same way.

You'd think after the hundredth time it happens people would start fixing it so you can't simply exploit smart contracts via proxy, but I'm a simple computer janitor so what do I know.

The fact this is rare and mostly isolated to shitcoins demonstrates the security of more established cryptos (for now).