Abracadabra blames hacks for shutdown amid ‘looting’ claims
Abracadabra proposed “an orderly wind down,” blaming security incidents that leave its stablecoin MIM with “no viable path back to parity.”
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DeFi lending protocol Abracadabra exploited for $13M of ETH
The investigation into the hack is ongoing, but an Abracadabra core contributor thinks it could be linked to changes in GMX’s codebase.
Magic Internet Money loses its sparkle as DeFi platform hacked for $6.5M
Abracadabra Finance, the platform behind Magic Internet Money, was hacked on Tuesday, causing the stablecoin to depeg.
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Nike warns of layoffs as stock hits 13-year low—by Protos Staff
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MetaMask unstakes $1.4B of ETH after validator rewards stolen—by Protos Staff
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Abracadabra blames hacks for shutdown amid ‘looting’ claims—by Protos Staff
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MongoDB CEO quits to join Meta, stock crashes $6 billion behind him—by Protos Staff
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Compound Foundation accused of ‘misappropriating’ DAO funds—by Protos Staff
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River has sued Blockstream Services Canada over bitcoin mining services—by Protos Staff
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THORChain refuses to block Bitget funds, despite pausing after own hack—by Protos Staff
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Are US Treasuries now a better investment than rental property?—by Protos Staff
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HTX’s proof of reserves doesn’t match its blockchain balances—by Protos Staff
