Ethereum DeFi Project R0AR Suffers $780,000 Theft Due to Contract Backdoor

A security breach affecting the Ethereum-based DeFi project R0AR resulted in a loss of approximately $780,000 on April 16th, according to security firm GoPlus. The incident was attributed to a backdoor vulnerability present within the project’s contract. A subsequent report from the project team confirms that the stolen funds have been recovered, although specific details regarding addresses and transaction hashes remain undisclosed. This incident serves as a cautionary tale for users to exercise vigilance against vulnerabilities such as those found in backdoor contracts. Notably, the interaction with contract address 0xBD2Cd7 should be avoided.