CoinDesk: How Market Manipulation Led to a $100M Exploit on Mango; Betterment Launches Crypto Offering
A rogue crypto trader utilized millions of dollars to manipulate the prices of Mango’s MNGO tokens on the namesake decentralized exchange (DEX) to eventually drain over $116 million in liquidity from the platform. Plus, the largest independent robo-adviser, Betterment, is letting its clients invest in a handful of crypto portfolios for the first time, but with a caveat: best not to go above 5% exposure.
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