Vice - Hackers Steal $119M From ‘Web3’ Crypto Project With Old School Attack

in blockchain •  4 years ago 

https://www.vice.com/en/article/pkpp4n/hackers-steal-dollar119m-from-web3-crypto-project-with-old-school-attack
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Unknown hackers have stolen $119 million worth of cryptocurrency from the BadgerDAO platform.

Users notice the attack when they see their wallets empty, and BadgerDAO "pauses" all smart contracts.

Interestingly, this attack does not target smart contracts or use sophisticated deception. Instead, it is simply a front-end attack that targets BadgerDAO's web infrastructure.

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