ID:
dao-maker-251
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Ethereum
IDO
Staking
Compromised Access Control
Extended Method:
Initialize unauthenticated
Days in Operation:
1201
(3.29 Years)
100 pts each
On 3rd of September 2021, around 10:00 PM UTC, DAO Maker, a decentralized finance platform on the Ethereum blockchain that enables startups to raise funds, was hacked for almost $4 million (although the true realized cost to DAO Maker is far greater).
A collection of altcoins were stolen; DeRace Token (DERC), Capsule Coin (CAPS) Showcase (SHO) and Coinspaid (CPD). Evidently, the hacker was preparing for the recent crypto market rout as the stolen tokens were swapped to the stablecoin Dai using DEX aggregators 1inch and Metamask. The attacker is still holding the Dai on the same Ethereum blockchain address the stolen tokens were initially sent to.
Updated 6/5/22: 300 ERTH was sent to Tornado.Cash by the exploiter via an intermediary address.
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