Exploits


Tech

DeFi Exchange Mango's $114M Exploit Was 'Market Manipulation,' Not a Hack, Ex-FBI Special Agent Says

Chris Tarbell, co-founder of crypto investigative firm Naxo, discusses why the theft was more about manipulating the platform's native token than hacking the system.

Chris Tarbell (Naxo Labs)

Finance

DeFi Exchange Mango Markets Will Soon Start Refunding Users for $114M Exploit

The exploiter had come forward and returned most of the stolen funds a few days ago.

Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)

Markets

First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K

One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)

Markets

Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack

Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said.

(Markus Spiske/Unsplash)

Tech

Bridge Security Is ‘Unresolved Technical Challenge,’ Chainalysis Research Director Says

Kimberly Grauer said on CoinDesk TV's “First Mover” program that industry figures must work together to make the software safer.

Kim Grauer, director of research at Chainalysis (Chainalysis)

Finance

$114M Mango Markets Exploiter Outs Himself, Returns Most of the Money

Avraham Eisenberg defended his actions after returning $67 million. The Mango DAO plans to vote on how to divvy up the funds next week.

Sliced mango served up on a table (Desirae Hayes-Vitor/Unsplash)

Opinion

Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It

Crypto bridges are soft targets providing some of crypto's largest exploits this year.

(Getty Images)

Finance

Mango Markets Community Counters Exploiter’s Settlement Offer

The initial offer appeared to have been rejected.

(Kevin Ku/Unsplash)

Markets

How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango

The trader capitalized on a lack of liquidity by manipulating the price of MNGO on decentralized exchange, Mango.

Attackers drained all liquidity from the affected QuickSwap pool. (Shutterstock)

Markets

Mango Markets Exploiter Provides Ultimatum: ‘Repay Bad Debt’

Hacker proposes to send back stolen MSOL, SOL and MNGO if Mango Markets promises to pay back bad debt using USDC available in its treasury.

(Towfiqu Barbhuiya/Unsplash)