Compound Finance’s DAO votes to keep its users from lending relatively illiquid tokens BAT, ZRX, MKR, and YFI to protect against a Mango Markets-style attack (Sujith Somraaj/Decrypt)

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 …

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.

Krisztian Sandor / CoinDesk:
A look at what went wrong at decentralized lending protocol Maple Finance, as $54M in loans, or 66% of its lending pools, turn bad and what could happen next  —  Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade.

Zane Tackett / @tackettzane:
[Thread] FTX’s former Institutional Sales head looks at its balance sheet and options, including bankruptcy or issuing a token, and their pros and cons  —  1/I obviously have 0 say at this point, but hey, interested to hear others’ thoughts: Two options: A) bankruptcy B) token [THESE ARE NOT CONCRETE NUMBERS] Liabilities: -8.8bn Liquid assets: 900m Less liquid: 2.037bn Illiquid: 3.2bn liquid hole: -7.9bn illiquid hole: -2.66bn

Tim Hakki / Decrypt:
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos’ Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput  —  The price of Aptos has crashed more than 40% a day after launch as investors remain wary of the network’s widely-panned mainnet rollout.

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.