“The [MGNO] governance token was valued for way over it must be,” OtterSec’s Robert Chen advised CoinDesk. “With that, [the attacker] was capable of take out massive loans towards it after which drain Mango’s [liquidity] swimming pools. It is like a lending-borrowing race: if in case you have overvalued collateral, you possibly can then borrow towards that collateral, and that is what they did.”
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strategy’s stock and treasury moves have grabbed...
UK trade and industry groups have urged the government to make blockchain and digital assets a core strand of the...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s greatness isn’t measured only by its...
Key Takeaways:In collaboration with Chainlink and Sei, the US Commerce Department will provide official macroeconomic data on-chain in real-time.This integration...
According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a...
