Mango Markets hacker proposes steep settlement
The Solana DeFi protocol suffered a $117 million exploit on Oct. 11, and the hacker wants 70M USDC in "bug bounty."
Auto Added by WPeMatico
Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March
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…
Mango $100M Attack: How a Whale Swindled a Solana DeFi Favorite
In something of an audacious move, the attacker used their MNGO tokens to vote on their own Mango DAO governance proposal. Whale Targets Mango Days after BNB Chains bridge was...
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings.
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors.…
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The…