The DAO hack at 10: From $50 million exploit to a $130 million Ethereum security fund
Ten years ago, an attacker drained roughly 3.6 million ETH from The DAO, forcing Ethereum into the hard fork that created Ethereum Classic.The DAO has been reborn as an Ethereum security endowment, staking more than 75,000 ETH left unclaimed since the original 2016 recovery and now worth roughly $130 million.RedStone co-founder Marcin Kazmierczak says the fund may be aimed at yesterday’s risk, not today’s threat.
2026-06-18 23:20:00
