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.”
Abracadabra proposed “an orderly wind down,” blaming security incidents that leave its stablecoin MIM with “no viable path back to parity.”
The Compound Foundation has been accused of misusing funds to boost its voting power on two key proposals.
DYORSWAP users have lost a total of $2M in ETH after a fake version of UPbit’s GIWA chain was spun up by crypto hackers.
Once again, THORChain is refusing to block suspected North Korean hackers from laundering hundreds of millions of dollars of stolen crypto.
In one particularly hectic day, DeFi projects Payy Network, Duelbits, and Meter lost $1.8M, $7M, and $2.3M respectively.