link.png

ID:

dao-ventures-302

Date:

Status:

Incident Count:

July 11, 2021

Verified

1

info.png
target.png
REKT

Contributor:

chain.png

zerofriction.io

KYC By:

KYC:

None

info.png

Audit By:

Audits:

None

Loss Amount:

40,000

info.png

Recovered:

-

Rewards:

Currency:

USD, DVG

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Chainswap

Protocol

Contract Vulnerabilities

Extended Method:

Chainswap

info.png

Days in Operation:

0

chain.png
chain.png
chain.png
chain.png
datasource.png

According to official sources, the DeFi asset management platform DAO ventures was stolen 300,000 DVG tokens due to a loophole in the ChainSwap contract of the cross-chain asset bridge. DAOventures stated that it has taken snapshots of DVG holders and LPs before the attack, and stated that it will compensate the affected token holders. The DAOventures team stated that the user's assets in DAOventures are safe. Before the compensation plan is announced, DAOventures reminds users not to purchase the DVG of the transaction for the time being and pay attention to the latest developments of the team.

info.png

DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.