Fledgling decentralized finance, or DeFi, protocol ForceDAO has had a rough start, with several incursions from hackers taking place just hours after it launched.
The Ethereum-based yield aggregator had only just launched its airdrop campaign on April 3 when four malicious “black hat” hackers managed to drain a total of 183 Ether (ETH), worth approximately $367,000 at the time. One friendly "white hat" hacker assisted the team by alerting them to prevent further losses.