Welcome to Clutch’s weekly Pocket News. This week in Crypto News, Mango Markets give an exploiter a $47 million “bug bounty”
, Ethereum launches Shanghai testnet
, and Anthony Hopkins debuts his NFTs
. In Clutch News, we have more details about our Art Basel Miami Getaway and a recap of Bec’s MyBFF Twitter Space. In community updates, HerHouse is hosting an event for people interested in working in Web3 and MyBFF has an upcoming Twitter space on NFT inclusivity.
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The group that took $112 million from Mango Markets came forward to defend their actions calling it a “highly profitable trading strategy.” Avraham Eisenberg stated in a tweet that the developers should have anticipated the consequences of their protocol’s parameters. The trading platform’s DAO have voted that Eisenberg is allowed to keep $47 million as a “bug bounty” and the rest will be sent back to the treasury. Still waiting on my “bug bounty” from AirBnB.
Ethereum’s Shanghai update’s “Shandong” testnet launch makes Ethereum one step closer to Staked Eth withdrawals and lower gas fees. The next major upgrades expected over the next several years are the Surge, Verge, Purge, and Splurge.
The Oscar-winning actor’s “The Eternal Collection” totaling 1000 NFTs sold out on OpenSea minutes after its debut on Thursday. The original art pieces were inspired by Hopkins’ career spanning several decades. Some NFTs came with perks including a one-on-one brunch with Hopkins and autographed prints of the artwork.
Nargiza Schmidt