Massive crypto hack drains Mango Markets trading platform of 0 million

Massive crypto hack drains Mango Markets trading platform of $100 million

A massive hack has drained Mango Markets of $100 million in funds. The decentralised trading platform based on the Solana blockchain stated in a tweet on Tuesday evening that it’s currently investigating an incident where a hacker was able to extract funds from Mango via an oracle price manipulation. By Wednesday, Mango concluded that the […]

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The crypto world is on edge after a string of hacks

The crypto world is on edge after a string of hacks

Not long after dropping out of college to pursue a career in cryptocurrencies, Ben Weintraub woke up to some bad news. Weintraub and two classmates from the University of Chicago had spent the past few months working on a software platform called Beanstalk, which offered a stablecoin, a type of cryptocurrency with a fixed value […]

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Weekly Crypto Roundup: titans clash, hacks continue, and sanctions hit home

Weekly Crypto Roundup: titans clash, hacks continue, and sanctions hit home

The week came to a close with Bitcoin (BTC) just under $24,000, as was the case last week. And Ether (ETH) jumped over 24% this week to rest at under $1,900. However, major crypto events in the past few days had more to do with crypto exchanges and their owners The week came to a […]

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Harmony and Nomad crypto bridge hacks show where blockchains are weak

Harmony and Nomad crypto bridge hacks show where blockchains are weak

Crypto hackers have stolen assets worth around $1.2 billion from bridges in this year alone Crypto hackers have stolen assets worth around $1.2 billion from bridges in this year alone Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto firm Nomad last week, it […]

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