Another Hack: DAO Maker Crowdfunding Platform Attacked by Hacker

Presumably, staking and funding wallets were attacked but, according to developers, funds are safe and there is nothing to worry about

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Thu, 12/08/2021 - 12:42

Another Hack: DAO Maker Crowdfunding Platform Attacked by Hacker

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According to a breaking report from Wu Blockchain, the Dao Maker crowdfunding platform was attacked by hackers.

The exact amount of stolen funds is not yet disclosed but, according to the report, the 9,000-10,000 USDC accounts were attacked.

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For now, the official message that appeared in the DAO Maker group states that staking wallets and smart contracts are safe and deposit smart contracts were the ones under attack. Allegedly the hack will not affect the company's work.

DAO Maker is a funding platform that provides technologies and funding to blockchain startups. To participate in funding rounds, members receive DAO tokens that they can stake in the vault, which was presumably attacked before the announcement from the developers appeared.

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About the author

Arman Shirinyan

Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.

Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.