Mango Markets to Change Multi-Signature Capabilities to Mitigate Security Threats

Solana-based lending and trading protocol Mango Markets has announced two new features ahead of its version 4 (v4) launch focused on mitigating immediate security threats, CoinDesk reported. To avoid being hacked or exploited again, Mango will impose new restrictions on multi-signature wallets, which will allow developers to respond to "unforeseen market dynamics" and any vulnerabilities in program code.

Mango Markets expects to place its v4 product in beta mode in the coming months, but an exact date has yet to be set.

Subscribe to MBCAE
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.