Some folks think these attacks are ancient history. ... - Deepstash

Some folks think these attacks are ancient history.

But here’s the tea: 4 out of 24 major Web3 hacks in the first half of 2023 were reentrancy-based.

Clearly, this vampire of a bug still bites.

Flashback: The DAO Hack (aka Web3’s First Public L)

Back in 2016, the DAO got wrecked—like, $60 million gone wrecked—because of a reentrancy vulnerability.

And because it was the first major DAO ever, it was a really bad look for blockchain.

Trust got shattered.

Headlines screamed “Crypto is the Wild West.”

And honestly?

That reputation still lingers.

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Weird. Unconventional.

It’s not a hack. It’s a dance. One step in, two steps out—with your money.

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