insights — a newsletter crafted to bring you significant developments over the last week.
The Mango Markets saga took another turn this past week, as the company filed a lawsuit against the exploiter Avraham Eisenberg for $47 million in damages plus interest. The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol.
Speaking to several industry insiders and TradFi participants, Cointelegraph journalist Gareth Jenkinson highlighted the ongoing cross-pollination between the sectors. Still, just a handful of crypto participants were involved in conversations inside the World Economic Forum.Injective, a layer-1 blockchain protocol founded in 2018, has launched a $150 million ecosystem fund to support developers building on the Cosmos network.
Read your weekly dose of essential decentralized finance (DeFi) insights to bring you significant developments over the last week: 🗻TradFi & DeFi Davos 2023 💰$150 million ecosystem fund launch 🥭Mango Markets sues Avraham Eisenberg for $47M 👀& more! Via: _prashantjha