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The DAO Launches $220 Million Security Fund After 10 Years Post-Hack
First seen 2 Feb 2026, 17:45 UTC
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The DAO, a significant project in Ethereum's history, is re-emerging by establishing a security fund worth $220 million. This fund is sourced from over 75,000 Ether that remained unclaimed after the infamous hack in 2016, which nearly led to the collapse of Ethereum. The initiative aims to enhance the security of the Ethereum network, benefiting its users and developers.
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