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Mango Markets Hacker Provides Ultimatum: ‘Repay Bad Debt’
12.10.2022
Hacker proposes to send back stolen MSOL, SOL, and MNGO if Mango Finance promises to pay back bad debt using USDC available in its treasury
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit
12.10.2022
The apparent exploit of Mango Markets stemmed from the ability of an attacker to manipulate the value of their posted collateral
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
Solana whale moves $25M of USDC debt from Solend to Mango Markets
22.6.2022
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more
Mango DAO Embraces SOL, Rejects BTC With $1M Treasury Investment
22.3.2022
The governing body behind Solana’s Mango Markets overwhelmingly rejected calls to invest even a sliver of its nearly $700 million treasury in bitcoin
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
27.10.2021
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...
Solana price soars to new highs with DeFi project launch, $70M DEX funding
16.8.2021
But is the Solana native token anticipating a big price correction ahead?