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MangoMarket exploited for $100M, then hacker submits proposal to not have charges pressed against them

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MangoMarket exploited for $100M, then hacker submits proposal to not have charges pressed against them

coinfeeds
Oct 12, 2022
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MangoMarket exploited for $100M, then hacker submits proposal to not have charges pressed against them

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Below is an overview of yesterdays top sentiment movers and top news.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why

OpenSea (+269): Officially integrated with Avalanche. You can now trade Avax NFTs on OpenSea.
Stellar (+35): Announced $100M fund to encourage developers to build on their Soroban smart contract platform
VeChain (+170): Announced plans to hire 100+ developers in Europe

These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.

NFTs Sentiment Movers:

GoblinTown (+61): Announced partnership with Helix Metaverse
Moonbirds (+36): Having a meet up in Germany for Moonbird community
Gene_Sis: Girls of Armament (+47): “Armory” opening next week

These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.


News:

SEC looking into Yuga Labs for unregistered offerings. Seems to be questions over ApeCoin distribution and/or the OthersideMeta sale.

Google selected Coinbase to take cloud payments with cryptocurrencies and plans to use its custody tool as well

An absolute mad man story developing over this Mango Markets exploit. Hacker stole $100M+ by manipulating an oracle price. THEN he turns around and submits a proposal that basically states he’ll return some of the funds if they agree to not press criminal charges all while using 32M votes from the exploit to vote yes on the proposal. WOW

Rye announces they raised $14M led by a16z. Rye is building a web3 API for eCommerce

BTC maxi’s weep, hard, on the news that France owns ETH but has 0 BTC

Crypto addresses are now searchable on Google


Podcasts

The Scoop Pod was joined by Coinbase CEO, Brian Armstrong


Meme of the Day:


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MangoMarket exploited for $100M, then hacker submits proposal to not have charges pressed against them

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