“The [MGNO] governance token was valued for far more than it should be,” OtterSec’s Robert Chen told CoinDesk. “With that, [the attacker] was able to take out large loans against it and then drain Mango’s [liquidity] pools. It’s like a lending-borrowing race: if you have overvalued collateral, you can then borrow against that collateral, and that’s what they did.”
Bitcoin (BTC) Forges Double Top Ahead of Fed’s Preferred Inflation Reading
"Technically, bitcoin appears to follow a double top formation, whereas the support level is being tested. This chart formation should...