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Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March

October 12, 2022 by DIGIT
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Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in MarchAccording 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 published by Certik explains that the attacker manipulated the price of the project’s native token mango (MNGO) which allowed them to borrow $117 […]

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Categories $117 million, attack vector, CertiK, Certik post mortem, Certik Researchers, Hack, Hacken, incident, incident report, Mango, Mango Markets, Mango’s Discord channel, MNGO/USDC, News, oracle prices, Oracles, post mortem, solana, Solana Lending App, Solana Trading app, Twitter, twitter account
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  • bitcoinBitcoin(BTC)$87,465.00-2.30%
  • ethereumEthereum(ETH)$2,939.15-3.19%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$846.95-1.98%
  • rippleXRP(XRP)$1.88-2.74%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • solanaSolana(SOL)$122.97-3.17%
  • tronTRON(TRX)$0.283270-0.06%
  • staked-etherLido Staked Ether(STETH)$2,939.06-3.97%
  • dogecoinDogecoin(DOGE)$0.129880-2.48%