OtherHigh
The DAO Hack
- Occurred
- Jun 17, 2016
- Published
- Jul 26, 2016
- Source
- AI Incident Database
Summary
On June 18, 2016, an attacker successfully exploited a vulnerability in The Decentralized Autonomous Organization (The DAO) on the Ethereum blockchain to steal 3.7M Ether valued at $70M.
Developers
- The DAO
Deployers
- The DAO
Harmed parties
- DAO Token Holders
Classification
Category confidence: 80%
Severity confidence: 90%
Rationale: Blockchain exploit causing major financial loss, not fitting standard AI safety categories.
Classifier: Qwen/Qwen3.5-35B-A3B-FP8