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.

Oct 12, 2022 - 03:13
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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.