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cryptonews
2022-10-12 10:50:00

Mango Markets Protocol Suffers $100 Million Exploit

Mango Markets Protocol Suffers $100 Million Exploit

The Mango Markets protocol has experienced an exploit that allowed a person or group to get away with around $100m worth of various cryptoassets. Per a Twitter thread from Mango Markets, the exploit was carried out by a person or group funding an account with the stablecoin USDC, and later taking what was described as an “outsized position” the Mango token perpetual futures market (MNGO-PERP)....Read More: Mango Markets Protocol Suffers $100 Million Exploit

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