The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024. At the time, this also led to the protocol’s Magic Internet Money (MIM ...
That exploit also caused Abracadabra’s Magic Internet Money (MIM) stablecoin to lose its peg to the U.S. dollar. This latest attack targeted Abracadabra’s “cauldrons,” which use GMX ...
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