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Hack history / 2021 / Hack or exploit

DAO ventures

Hack or exploit on Jul 11, 2021 · Contract Vulnerability

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

According to official sources, the DeFi asset management platform DAO ventures was stolen 300,000 DVG tokens due to a loophole in the ChainSwap contract of the cross-chain asset bridge. DAOventures stated that it has taken snapshots of DVG holders and LPs before the attack, and stated that it will compensate the affected token holders. The DAOventures team stated that the user's assets in DAOventures are safe. Before the compensation plan is announced, DAOventures reminds users not to purchase the DVG of the transaction for the time being and pay attention to the latest developments of the team.

Details

Date
Jul 11, 2021
Kind
Hack or exploit
Method
Contract Vulnerability
How in
Bridge and cross-chain
Target
not stated
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "DAO ventures hack, Jul 11, 2021: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd655cc8d09/ (data as of 2026-10-31).
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