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Thursday

22 April 2021

Millions Drained in ForceDAO Attacks, White Hat Returns Funds | Crypto Briefing

Millions Drained in ForceDAO Attacks, White Hat Returns Funds | Crypto Briefing


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The exploit centers on a bug in the xFORCE contract’s code, which allowed anyone to call the “deposit” function regardless of whether they were holding FORCE tokens.

That meant it was possible to mint xFORCE tokens from the contract without locking any tokens in the vault.

Several attackers took advantage of the exploit earlier this morning.

One of them took about 14.8 million FORCE, which had a notional value of around $34 million at the time.

ForceDAO organized a highly anticipated airdrop yesterday, in which FORCE tokens were distributed to active Ethereum users.

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