Foresight News|Jan 29, 2026 16:06
[Griff Green: Unclaimed ETH from The DAO Hack 10 Years Ago to Be Used to Create a $250 Million Ethereum Security Fund]
Foresight News reports that Unchained podcast host Laura Shin released a video in which Griff Green stated that The DAO is making a comeback. Nearly 10 years after The DAO hack in 2016, unclaimed ETH is being used to create an Ethereum security fund worth $250 million.
On June 17, 2016, a vulnerability was discovered in The DAO contract, and hackers stole approximately 3.6 million ETH. This incident ultimately led to the Ethereum hard fork, resulting in the creation of two chains: ETH and ETC.
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