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“Engineering Oversight” Costs ForceDAO $367k
Hackers made off with cryptocurrency worth $367k from a new decentralized finance (DeFi) aggregator within hours of its launch. ForceDAO was launched on the morning of April 3. Its operators discovered that the platform was being exploited after receiving a tip from a ‘white hat’ hacker. An investigation into the incident found that an “engineering oversight” had allowed cyber-criminals to steal 183 Ethereum (ETH). The thefts were able to take place because of a flaw in the…
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