Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: coinnews on October 21, 2022, 10:54:29 AM
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According to the decentralized finance (DeFI) protocol governance forum, following a $117 million exploit on Oct. 11, the Mango Markets community is prepared to reach a deal with its hacker, enabling the hacker to keep $47 million as a bug bounty.
The proposed terms reveal that $67 million of the stolen tokens would be restored, while the hacker will keep $47 million. The arrangement was approved by 98% of voters, or 291 million tokens, and stipulates that Mango Markets would not seek criminal charges in the matter.
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[https://www.coingabbar.com/en/crypto-currency-news-english/mango-markets-dao-forum-approves-dollar-million-settlement-hacker]