Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
This article aims to explore the recent Mango Markets economic attack, how it was orchestrated, and possible mitigation strategies.
IntoTheBlock 5 min read 
The hacker had exploited the contract's "BondFixedExpiryTeller,” inability to validate the transfer request properly.
The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.
BitKeep has promised to repay victims of the hack while promising rewards for anyone with information to help recover teh stolen funds.
The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.
Under the proposal, the hacker will return up to $67 million and keep the remaining $47 million as a bug bounty.
ZachXBT's investigation into a criminal group who allegedly stole $2.5M worth of NFTs helped French authorities identify and arrest its members.
DeFi protocols have lost $718 million in the first two weeks of October alone, while $3 billion has been lost to 125 crypto hacks in total since the start of 2022.
The hacker wants Mango Market to use the $70 million in its treasury to repay bad debts.
