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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.

Nearly $580K drained with Cointelegraph, Wallet Connect fake airdrop

Major crypto companies have launched an investigation after hackers breached a third-party email provider to send fake airdrops to users.

The Bounce Finance hack happened during the public sale of BitStable’s BSSB token and saw an unauthorized party acquiring most of the supply.

According to new research by Gauntlet, a maximum of four competitors control a majority market share of any DeFi sector.

Uniswap is charging an extra 0.15% fee for users of its website and wallet. The trading fee will not be passed along to UNI holders.