Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
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. Attack method (per SlowMist): Contract Vulnerability. Reported loss: 300,000 DVG.
- chain
- —
- protocol
- DAO ventures
- bug_class
- logic
- date_occurred
- 2021-07-11
- loss_usd
- —
- source_id
- sm:dao-ventures::2021-07-11