DeFi aggregator raided by five hackers on launch day

Cointelegraph

Published Apr 05, 2021 01:57AM ET

Updated Apr 05, 2021 03:40AM ET

Fledgling decentralized finance protocol ForceDAO has had a rough start, with several incursions from hackers taking place just hours after it launched.

The Ethereum-based yield aggregator had only just launched its airdrop campaign on April 3 when four malicious “black-hat” hackers managed to drain a total of 183 ETH worth approximately $367,000 at the time. One friendly "white-hat" hacker alsassisted the team by alerting them to prevent further losses.

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