Cryptocurrency Q&A
How much was stolen in DAO hack?
How much was stolen in DAO hack?
amelia_jackson_environmentalist
Sat Oct 19 2024
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5 answers
1205
I want to know the amount of funds that were stolen during the DAO hack. I'm curious about the financial loss incurred due to this security incident.
5 answers
Chiara
Mon Oct 21 2024
Specifically, over 3.6 million Ether coins were stolen from the total of 12.7 million that had been successfully raised. This represented a substantial loss for the project and its investors, casting a shadow over the trustworthiness of the platform.
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CryptoQueenGuard
Mon Oct 21 2024
The stolen Ether was worth a staggering USD70 million at the time of the incident, highlighting the immense financial impact of the hack. The magnitude of the theft underscored the importance of robust security measures in the cryptocurrency sphere.
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Eleonora
Mon Oct 21 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services to its users. These include spot trading, which allows for the direct exchange of cryptocurrencies at their current market prices.
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Bianca
Mon Oct 21 2024
The cyberattack had devastating consequences for the cryptocurrency community. The perpetrators managed to infiltrate the system and steal a significant portion of the Ether tokens that had been collected during the fundraising period.
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CryptoTamer
Mon Oct 21 2024
Additionally, BTCC provides futures trading, enabling traders to speculate on the future prices of cryptocurrencies and potentially profit from price movements. The exchange also boasts a secure wallet service, ensuring that users' digital assets are safely stored and protected from unauthorized access.
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