BasketDAO Hack
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| Discovered On | 2022-03-30 |
| Stolen Amount | $1.2M |
| Affected Networks |  |
| Read More | x.com, x.com, newsletter.blockthreat.io |
Description
Over $1.2M was stolen from users of BasketDAO, a DeFi protocol for creating token baskets. Two of their contracts contained vulnerabilities that allowed hackers to steal approved user funds. Since then, BasketDAO has shut down and was acquired by another DeFi protocol, PieDAO.
Affected users remain at risk as long as they haven't revoked their approvals, so it is recommended to use the Revoke.cash Exploit Checker below to make sure that you're safe.