web3walrus 🗯

DeFi explainers, tutorials and resources for beginners.

[Token Terminal 📊 @tokenterminal]

Daily active users on @arbitrum up 146.1% over the past 30d 📈

[web3walrus 🗯 @realweb3walrus]

@NeerajKA $ saved from fewer checkout employees > $ lost from theft

[Binance @binance]

We're in the process of consolidating funds from deposit addresses to our hot wallet to prepare for the next phase of our POR audit.

As a result, during this time you may notice temporary increases in ETH gas fees and a large number of transactions into #Binance's hot wallets.

[web3walrus 🗯 @realweb3walrus]

@statelayer $USDT and $ETH transfers to Binance 14 address, apparently from around 10k different small (and rather inactive) wallets so far

[web3walrus 🗯 @realweb3walrus]

@nftn0ah @DefiIgnas You can find it here in their GitHub: https://t.co/nupNXRKnYl

[⚡️🌙 @dystopiabreaker]

equities flippening crypto volatility lmao

[OpenSea @opensea]

We believe the future is multi-chain⛓ and to help users navigating across different blockchains we’ve made some enhancements to our site! 🧵

[CoinGecko @coingecko]

#Dogechain is up 237% in the last 7 days. What is @DogechainFamily, how does it work, and what are $DC's tokenomics?

Here's everything you need to know ⬇️ https://t.co/mhhDNigvS6

[Seven @Curvie84869752]

Ladies and gentlemen, someone got up from bed on good foot and we finnaly got a little bit of alpha from The Chad @newmichwill regarding #crvusd #crv #vecrv @CurveFinance @CurveCap @0xAlunara

[web3walrus 🗯 @realweb3walrus]

@AaveAave announcing $GHO stablecoin tonight? 👀

[web3walrus 🗯 @realweb3walrus]

Lol

[defiprime @defiprime]

New Uniswap UI in a nutshell: almost pixel-perfect ctrl+c, ctrl+v

[web3walrus 🗯 @realweb3walrus]

@Cointelegraph Here's what happened:
https://t.co/QxmekmBg9F

[web3walrus 🗯 @realweb3walrus]

🥭🚨 @mangomarkets exploit breakdown:

1. Attacker deposited $5M $USDC
2. Went long with almost 4x leverage on MNGO-PERP
3. Inflated price on $MNGO – price went as high as 14X his entry price
4. Then used the manipulated value of his position to borrow and withdraw $128M tokens

[web3walrus 🗯 @realweb3walrus]

@WatcherGuru Summary:
https://t.co/QxmekmBg9F

[web3walrus 🗯 @realweb3walrus]

🥭🚨 @mangomarkets exploit breakdown:

1. Attacker deposited $5M $USDC
2. Went long with almost 4x leverage on MNGO-PERP
3. Inflated price on $MNGO – price went as high as 14X his entry price
4. Then used the manipulated value of his position to borrow and withdraw $128M tokens

[web3walrus 🗯 @realweb3walrus]

@joshua_j_lim Which exchange was this?

[web3walrus 🗯 @realweb3walrus]

Fun fact – this account is now almost $10M in profit

[web3walrus 🗯 @realweb3walrus]

$MNGO attacker was his own counter party for his trade, to provide enough liquidity for the position (via a second account)

[Joshua Lim @joshua_j_lim]

1/ this is how I think the mango attack played out, please let me know if I got anything wrong:

at 6:19 PM ET, attacker funded acct A (CQvKS...) with 5mm USDC collateral

https://t.co/hZuV3WexWh

[Joshua Lim @joshua_j_lim]

4/ at 6:26 PM ET, attacker started to move the price of MNGO spot mkt, it traded as high as $0.91

[web3walrus 🗯 @realweb3walrus]

🥭🚨 @mangomarkets exploit breakdown:

1. Attacker deposited $5M $USDC
2. Went long with almost 4x leverage on MNGO-PERP
3. Inflated price on $MNGO – price went as high as 14X his entry price
4. Then used the manipulated value of his position to borrow and withdraw $128M tokens

[RickWriggler @knawmeen]

what the actual fuck $MANGO @mangomarkets