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They are and they keep getting hacked and losing millions of “dollars” Here’s the most recent (that I’m aware of) https://www.theverge.com/platform/amp/2021/12

• kevinak 5y ago
  Here's a site that follows most of the hacks: https://rekt.news https://rekt.news
• whimsicalism 5y ago
  The difference between this and the private business world is that private businesses don't publicize when they've been hacked and extorted for millions of dollars.
  • smoldesu 5y ago
    ...because if they did their insurance would tell them to fuck off. Conversely, these "DAO leaders" have nothing left to lose. I'm not surprised that they throw their cards on the table when they've been screwed.
• wombatmoose 5y ago
  The incident you linked was due to a front-end exploit rather than anything with smart contracts.
  • sumeno 5y ago
    Oh, well in that case I definitely feel more comfortable putting my life savings in. Were these all front end exploits too? https://ndxfi.medium.com/indexed-attack-post-mortem-b006094f0bdc https://ndxfi.medium.com/indexed-attack-post-mortem-b006094f... https://www.elliptic.co/resources/defi-risk-regulation-and-the-rise-of-decrime https://www.elliptic.co/resources/defi-risk-regulation-and-t... https://arstechnica.com/information-technology/2021/12/hackers-drain-31-million-from-cryptocurrency-service-monox-finance/ https://arstechnica.com/information-technology/2021/12/hacke... https://therecord.media/hackers-steal-29-million-from-crypto-platform-cream-finance/ https://therecord.media/hackers-steal-29-million-from-crypto... https://www.cnbc.com/2021/08/19/liquid-cryptocurrency-exchange-hack.html https://www.cnbc.com/2021/08/19/liquid-cryptocurrency-exchan... https://www.dw.com/en/hackers-steal-600-million-in-record-breaking-cryptocurrency-heist/a-58828959 https://www.dw.com/en/hackers-steal-600-million-in-record-br... https://fortune.com/2021/06/24/bitcoin-ameer-raees-cajee-theft-south-africa/ https://fortune.com/2021/06/24/bitcoin-ameer-raees-cajee-the...