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$2,067.321.93%BTC$76,842.891.90%ETH$2,122.022.67%XRP$1.361.80%SOL$86.081.96%

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

Loading video...

CD20$2,067.321.93%BTC$76,842.891.90%ETH$2,122.022.67%XRP$1.361.80%SOL$86.081.96%

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