BasketDAO Hack

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BasketDAO Hack

Discovered On2022-03-30
Stolen Amount$1.2M
Affected Chains
Ethereum
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Description

Over $1.2M was stolen from users of BasketDAO, a DeFi protocol for creating token baskets. Two of their contracts contained vulnerabilities that allowed hackers to steal approved user funds. Since then, BasketDAO has shut down and was acquired by another DeFi protocol, PieDAO.

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