Mango Markets, a Solana DeFi platform, says a hacker stole ~$100M by manipulating its coin’s price; the hacker then passed a malicious DAO governance proposal (Taylor Locke/Fortune)

Taylor Locke / Fortune:
Mango Markets, a Solana DeFi platform, says a hacker stole ~$100M by manipulating its coin’s price; the hacker then passed a malicious DAO governance proposal  —  Mango Markets, a decentralized trading platform on the Solana blockchain, looks to be the latest victim of a massive hack within the crypto realm.

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Mango Markets, a DeFi platform on Solana, says a hacker drained some of its funds via an oracle price manipulation; blockchain auditor OtterSec says for $100M+ (Sam Kessler/CoinDesk)

Sam Kessler / CoinDesk:
Mango Markets, a DeFi platform on Solana, says a hacker drained some of its funds via an oracle price manipulation; blockchain auditor OtterSec says for $100M+  —  The apparent exploit stemmed from the ability of an attacker to manipulate the value of their posted collateral.

Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal (Osato Avan-Nomayo/The Block)

Osato Avan-Nomayo / The Block:
Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal  —  – Eisenberg called the exploit a “profitable trading strategy” and said his actions were legal.  — The Mango exploiter said the deal …

The CFTC has fined the blockchain protocol bZeroX team $250K and filed an action against its successor Ooki Dao for offering illegal off-exchange crypto trading (Nelson Wang/CoinDesk)

Nelson Wang / CoinDesk:
The CFTC has fined the blockchain protocol bZeroX team $250K and filed an action against its successor Ooki Dao for offering illegal off-exchange crypto trading  —  The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki Dao.

DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated (Adam James/The Block)

Adam James / The Block:
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated  —  – Various individuals in the blockchain and cryptocurrency industry are lambasting Sam Bankman-Fried after the FTX CEO shared …

DeFi startup Uniswap Labs, which runs a decentralized exchange, raised a $165M Series B led by Polychain and plans to build an NFT aggregator (Jeff John Roberts/Fortune)

Jeff John Roberts / Fortune:
DeFi startup Uniswap Labs, which runs a decentralized exchange, raised a $165M Series B led by Polychain and plans to build an NFT aggregator  —  Uniswap Labs on Thursday announced a $165 million Series B funding round, led by Polychain Capital, that values the company at $1.66 billion.