BasketDAO Hack
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BasketDAO Hack
| Discovered On | 2022-03-30 |
| Stolen Amount | $1.2M |
| Affected Chains |  |
| Read More | twitter.com, twitter.com, newsletter.blockthreat.io |
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.