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What is a DAO hack?

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A DAO hack refers to an attack on a Decentralized Autonomous Organization (DAO), which is a form of smart contract-based organization on the blockchain. In a DAO hack, vulnerabilities in the smart contracts are exploited by hackers to steal funds or manipulate the organization's operations. This type of hack can result in significant financial losses and damage to the reputation of the affected DAO.
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A DAO hack refers to an attack on a Decentralized Autonomous Organization (DAO), where an attacker exploits vulnerabilities in the code to steal assets or manipulate the organization's funds. DAOs are decentralized and typically run on blockchain technology, allowing for transparent and autonomous operation. However, vulnerabilities in the code can be exploited by hackers to compromise the organization's funds, leading to a hack.

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