Name: Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit
Uploaded: 2021-08-12T16:51:00.000Z
Duration: 6 min 33 s
Description: Another day, another decentralized finance (DeFi) hack. DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million. “The Hash” team discusses the potential downside of DeFi’s composability: with great possibility comes great risk.

CD20$2,051.281.25%BTC$76,376.721.23%ETH$2,096.001.83%XRP$1.351.13%SOL$85.341.58%

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit | CoinDesk Videos

Loading video...

CD20$2,051.281.25%BTC$76,376.721.23%ETH$2,096.001.83%XRP$1.351.13%SOL$85.341.58%

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit | CoinDesk Videos