1H
-0.08%$0.0000
24H
-1.13%$0.0002
7D
-2.59%$0.0005
30D
-11.2%$0.0023
Mango Markets saw $114 million worth of crypto stolen by a group of exploiters by manipulating the price of the DEX’s native token MNGO.
Mango Markets will take a snapshot of the funds held by the victims one hour before the hack and repay them in the same proportion.
Avraham Eisenberg, who recently revealed himself as the Mango Markets exploiter, calls his strategy a “highly profitable” trading one.
The case grows more interesting as the exploiter has now suggested a governance proposal that will approximately give them $70 million in the form of a bounty reward.
Despite being risky, OTC trading is a common choice within organizations and foundations that are seeking to seize nice financial benefits. Check this guide and find what OTC trading is, how it works and what risks it bears.
Ethereum network has seen a few upgrades since its launch. This guide will discuss the seventeenth fork upgrade to the Ethereum network called the Shanghai Upgrade.
