Hacker gets US$50mil in heist of DeFi’s Mango


NEW YORK: The community of decentralised-finance application Mango DAO got back a portion of about US$100mil (RM471.6mil) stolen this week after letting the hacker keep about US$50mil (RM236mil) of the funds.

The settlement wraps up several days of tense negotiations between the hacker and Mango, which is governed by its community of token holders who vote on any changes.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Stepping on the gas
Startup cracks athleisure with NBA, Man City deals
Hedge fund cash reshapes reinsurance model
Nostalgia is a soothing balm
Malaysia cannot afford to delay carbon pricing
Testing times for tech sector
Gulf’s pull evident in Goldman support
Ringgit climbs sen by sen
Conflict sows fertiliser shock
Not sleeping on the job

Others Also Read