$100 Million Drained From Mango, a Solana-Based Decentralized Finance Platform

$100 Million Drained From Mango, a Solana-Based Decentralized Finance Platform


coinpedia
2022-10-12 07:17:46

The post $100 Million Drained From Mango, a Solana-Based Decentralized Finance Platform appeared first on Coinpedia Fintech NewsDecentralised finance platform based on the Solana blockchain, Mango has been drained of more than $100 million. The attack was first disclosed on Twitter by blockchain auditors OtterSec, who stated that “the hacker was able to alter their Mango collateral.” “The [MGNO] governance token was valued significantly more than it should have been,” said OtterSec’s …