Glossary · Definition
The DAO Hack
The DAO Hack was the June 2016 attack on The DAO, an early investment fund run by smart contracts on Ethereum, in which a bug let an attacker drain about 3.6 million ETH.
Read the full entry with a CryptoBipto membership
The full entry for The DAO Hack covers the detailed definition, how it works, an example and the mistakes beginners make.
CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.
