Breaking FUD – DAO Maker was attacked by hackers and lost millions of USD

Breaking FUD – DAO Maker was attacked by hackers and lost millions of USD
Breaking FUD – DAO Maker was attacked by hackers and lost millions of USD

The number of Defi protocols being attacked continues to grow as another protocol falls prey to the attack. Dao Maker, a crowdfunding platform was hacked and hackers stole USDC from users’ deposit accounts and swapped it to ETH. A total of 2,261 Eth, worth more than $7 million, were used to transfer USDC, according to a report from WuBlockchain.

The reason for transferring ETH to USDC is said to be related to an asset freeze as USDC can be frozen by Circle from a specific account. Recently, Tether froze nearly $35 million worth of USDT from the PolyNetwork hack, the largest defi hack.

Most of the 9k 10k USD accounts loaded into DAO have been hacked. Along with that, the price of DAO token has plummeted without stopping.

Hacker wallet you can track:

https://etherscan.io/address/0xef9427bf15783fb8e6885f9b5f5da1fba66ef931

What is DAO Maker?

DAO Maker is a fundraising support platform for crypto projects. DAO Maker offers a low-risk way to participate, as most small investors can’t risk most of their capital.
In addition, DAO Maker also provides design services for fundraising solutions, community development to support projects, consulting on branding strategies.

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