The DAO Exploit Drains 3.6M ETH
- DeFi
- Ethereum
- Security
An attacker exploited a reentrancy vulnerability in The DAO smart contract on Ethereum. Roughly 3.6 million ETH was drained, worth about $50-60 million at the time. The event split the Ethereum community and led to the first hard fork in Ethereum history.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $60M
- Status
- Resolved
Ethereum hard fork to reverse the theft, birth of Ethereum Classic