How much money would a hacker get from mango markets?

The hacker put forth their proposal on the decentralized autonomous organization governing Mango Markets that would give the attacker a $70 million bounty. The Mango DAO governs Mango Markets and gives MNGO token holders the power to make decisions about the platform's functions.

What is a'mango market' hack?

It says it is seeking monetary penalties, a ban on trading digital asset commodities, and restitution of funds. According to the agency’s filing, Eisenberg created two anonymous accounts at Mango Markets just before the October hack, and funded each with $5 million in USDC.

Why did mango markets get drained of $100 million?

In the second $100 million DeFi hack this week, Mango Markets was drained of $100 million in funds due to an exploit. Mango Markets tweeted Tuesday evening that a hacker was able to empty funds from Mango via an oracle price manipulation. Only last Thursday, $100 million was stolen from the Binance Smart Chain, another DeFi protocol.

Was mango hacked on Discord?

It appears that the vulnerability was disclosed on Mango's Discord channel in March but the company did not confirm the claim. The hacker put forth their proposal on the decentralized autonomous organization governing Mango Markets that would give the attacker a $70 million bounty.