According to data from a journalist who specializes within the Chinese crypto and blockchain market, Wu Blockchain, the crowdfunding platform DAO Maker was hacked.

Breaking: The DAO Maker crowdfunding platform was attacked and the USDC that customers have been charging was outsourced and changed with about 2,261 Eth price greater than $ 7 million.

– Wu-Blockchain (@WuBlockchain) August 12, 2021

“Hot information: The DAO Maker crowdfunding platform has been hacked. In it, the USDC quantity deposited by the customers was paid out and exchanged for about 2,261 ETH price greater than 7 million US {dollars}.

DAO Maker Fund continues to be protected

The precise quantity that was stolen has but to be revealed however has been reported to have ranged from 9,000 to 10,000 hacked USDC accounts. In addition, Wu stated that the USDC deposited by the customers was transferred out and exchanged for two,261 ETH.

Currently, DAO Maker has launched a brand new announcement claiming that staking wallets and sensible contracts are nonetheless safe. This reveals that the sensible contracts on file are the names which can be being hacked. Additionally, this announcement additionally implicitly states that the hack won’t have an effect on the corporate’s operations.

DAO Maker is a funding platform that gives expertise and cash to blockchain startups. To take part in funding rounds, members obtain DAO tokens to take part within the state treasury.

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