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Detail Analysis

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Date:

Status:

Count:

Contributor:

September 4, 2021

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Verified

2

zerofriction.io

Loss Amount:

4,000,000

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Recovered Amount:

-

Currency:

Dollars, DERC, CAPS, SHO, CPD

KYC By:

Audit By:

None

None

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Website:

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum

IDO

Staking

Compromised Access Control

Extended Method:

Initialize unauthenticated

Data Sources:

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On 3rd of September 2021, around 10:00 PM UTC, DAO Maker, a decentralized finance platform on the Ethereum blockchain that enables startups to raise funds, was hacked for almost $4 million (although the true realized cost to DAO Maker is far greater).
A collection of altcoins were stolen; DeRace Token (DERC), Capsule Coin (CAPS) Showcase (SHO) and Coinspaid (CPD). Evidently, the hacker was preparing for the recent crypto market rout as the stolen tokens were swapped to the stablecoin Dai using DEX aggregators 1inch and Metamask. The attacker is still holding the Dai on the same Ethereum blockchain address the stolen tokens were initially sent to.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.