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.
1
0 reads
CURATED FROM
IDEAS CURATED BY
It’s not a hack. It’s a dance. One step in, two steps out—with your money.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates