In the recent news, Mango Markets, a decentralized crypto platform based on Solana, experienced an exploit. According to a source, the attack led to a loss of $114 million worth of crypto tokens. Expl...
Tag: Mango
Mango Markets Exploit Plot Revealed
Avraham Eisenberg, claiming to be part of the group that exploited Mango, said the way the protocol is designed left it vulnerable The Mango team says it is in the process of recouping a portion of th...
Mango Exploiter in The Crypto Community
DAO forum of Mango Market set to approve $47M settlement with a hacker More than 98% of voting tokens respond in the favor of the deal. It specifies that Mango Markets will not carry out criminal char...
Mango Market exploiter says action was ‘legal’
Avraham Eisenberg stated that he was the brain behind the $114 million Mango Market exploit, adding that his actions were legal. Statement on recent events: I was involved with a team that operated a ...
Mango Markets DAO platform set to take $47M settlement from hacker
Join Our Telegram channel to stay up to date on breaking news coverage Mango Markers suffered a $117 million exploit on October 11. The Mango Markets Community is now planning to reach a settlement de...
Mango Market’s DAO forum set to approve $47M settlement with hacker
Following a $117 million exploit on Oct. 11, the Mango Markets community is set to make a deal with its hacker, allowing the hacker to keep $47 million as a bug bounty, according to the decentralized ...
Mango Markets hack: Assessing the driving factor behind the “bold” settlement
Solana [SOL]-based DeFi platform Mango Markets approved a proposal that will let the hacker keep almost half of the $113 million he stole from the protocol earlier this week. In a twist of events…. …t...
Mango Markets DAO Approves a $47M Bounty for a Hacker
The post Mango Markets DAO Approves a $47M Bounty for a Hacker appeared first on Coinpedia Fintech News Following the Oct. 12 Mango Markets attack, the hacker presented a proposal to the project, requ...
Mango Markets Community Set to Approve $47 Million Bounty for the Hacker
After the unfortunate hack incident, Mango Markets is now set to offer a large bug bounty to the hacker who stole millions of dollars from the protocol. On Tuesday, Solana DeFi protocol Mango Markets ...
Solana-Based Crypto Trading Platform Mango Markets Primed To Cut Deal With Hacker Behind $100,000,000 Exploit
A Solana-based (SOL) crypto trading platform is ready to cut a deal with the hacker that allegedly stole millions of dollars from its network. According to a recent update, the hacker and the Mango Ma...
Mango DAO Proposes $47 Million Settlement to Hacker
2 hours ago | 2 mins read Defi News The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 ...
Mango DAO Offers Hacker $47M to Settle Without Pressing Charges
Mango DAO has offered a deal to the thief who made off with $100 million in crypto from an exploit in the Mango Markets platform earlier this week—a way to avoid a criminal investigation and pay off b...
Mango Markets On Solana Exploited For $100 Million, Forget Lending Protocols To Park Wealth And Consider Uniglo.io
Join Our Telegram channel to stay up to date on breaking news coverage The lending protocol ‘Mango Markets’ on Solana faced an exploit that drained $100M out of the protocol – another blow for DeFi th...
Mango DAO Agrees to Pay Hacker $47 Million
Key Takeaways Mango Markets has approved a proposal that will allow an attacker to keep a portion of funds stolen on Wednesday. The attacker will keep $47 million of the $113 million originally stolen...
Mango Markets DAO set to approve $47 million bounty for hacker
A governance proposal seeking to pay up to $47 million to the Mango Markets hacker is set to be approved as it reaches an approval quorum of over 96%. Following the Mango Markets hack of Oct. 12, the ...
Mango exploiter uses stolen funds to ditch community against developers
The hacker of the $100 million exploit of the Mango Markets seems to have voted for their own solution for giving the stolen funds back, using the very governance tokens taken in the attack. A person ...
Solana DeFi platform, Mango Markets, drained over $100M in a hack
Join Our Telegram channel to stay up to date on breaking news coverage Mango Markets has been exploited and drained more than $100 million worth of cryptocurrencies. The decentralized finance (DeFi) p...
Solana TVL dropped 23% after $100M Mango Market hack
The $100 million hack of Mango Markets, a DeFi trading platform on the Solana blockchain, has given the worth of its native token MNGO and that of SOL winding down in one day. The data from CryptoSla...
$100,000,000 Emptied From Solana-Based Crypto Trading Platform Mango Markets in DeFi Attack
A decentralized exchange (DEX) on the Solana (SOL) blockchain, Mango Markets, says an attacker took off with crypto assets worth tens of millions of dollars following an exploit on the platform. Mango...
Mango Markets hacker proposes steep settlement
On Oct. 12, one day after $117 million was drained from Solana DeFi platform Mango Markets via a price feed exploit, the hacker responsible for the attack demanded a settlement. The proposal was filed...
Sam Bankman-Fried on the Mango Markets Hack: ‘Make Up Your Own Damn Mind’
FTX CEO Sam Bankman-Fried took to Twitter on Wednesday to unpack the lessons from Tuesday’s Mango Markets hack. And he had DeFi oracles in his crosshairs. “When it comes to oracles, you just hav...
Mango Markets Hack Sees Attacker Siphon Off $117 Million
According to several news reports, Solana-based trading and lending platform Mango Markets was the target of a significant hack. The attacker was able to siphon off a staggering $117 million from the ...
Solana network suffers another $100M scam at Mango Markets
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Ph...
Cómo la manipulación de mercado llevó a un exploit de US$100 millones en el exchange DeFi de Solana Mango
En total, el perspicaz trader usó más de 10 millones de USDC para retirar más de US$116 millones desde Mango pagando comisiones mínimas y haciendo todo lo permitido dentro de los parámetros del diseño...
Mango Hacker Uses Stolen Funds to Pit Community Against Developers
The hacker behind the $100 million breach of the Mango Markets platform appears to have voted for their own solution for returning the stolen funds, using the same governance tokens taken in the hack....
Is This the Trader Who Exploited Mango Markets for $100M?
Key Takeaways Decentralized perpetual futures exchange Mango Markets was drained of $100 million yesterday. A trader by the name of Avraham Eisenberg recently discussed attacking protocols in a simila...
Solana DeFi Trading Platform Mango Markets Loses $100M in Hack
In the second $100 million DeFi hack this week, Mango Markets was drained of $100 million in funds due to an exploit. Mango Markets tweeted Tuesday evening that a hacker was able to empty funds from M...
Mango Markets hacker brings bizarre proposal just hours after exploit
The hacker responsible for exploiting Mango Markets to the tune of $100 million, has come forward on the protocol’s governance proposal platform with a set of extraordinary demands. Protocol hacked ...
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March – Bitcoin News
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack pub...
Solana TVL tanks 23% following $100M Mango Market hack
The $100 million exploit of Solana-based decentralized protocol Mango Markets has sent the value of its native token MNGO and that of SOL spiraling down over the last 24 hours. CryptoSlate data shows...
Mango $100M Attack: How a Whale Swindled a Solana DeFi Favorite
Key Takeaways A whale manipulated the price of Mango Markets’ MNGO token to drain over $100 million from the platform. The attacker has put forward a DAO proposal that would see the project comm...
How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango
All in all, the rogue trader used over 10 million USDC to take out over $116 million from Mango, paying minimal fees for conducting the attack and doing everything within the parameters of how the pla...