Decentralized platform Abracadabra.money's magic internet money (MIM), a U.S. dollar-pegged stablecoin, dropped below $1 early Tuesday as crypto exchange FTX's native token FTT tanked. MIM briefly ...

DeFi protocol Abracadabra Finance fell victim to a significant security attack, resulting in the loss of over $6.4 million in crypto assets, according to Blocksec and Peckshield. The attacker bypassed ...

Decentralized lending platform Abracadabra Money suffered a major security breach, resulting in the loss of approximately $13 million worth of its Magic Internet Money (MIM) stablecoin. The exploit, ...

Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli.

The stablecoin issued by decentralized platform Abracadabra.money (MIM), suffered a flash crash to $0.76 after reports of a $6.5 million exploit. Blockchain security firm PeckShield published initial ...

The Abracadabra team behind the MIM stablecoin protocol has issued an acknowledgement of an exploit in a tweet. The protocol’s Ethereum cauldrons were hit by an exploit and the MIM, a stablecoin ...

About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Money following an exploit targeting pools using GMX tokens. In a March 25 X post, crypto ...

Digital assets firm Okcoin is now offering the two crypto tokens of the Abracadabra.money ecosystem, Spell (SPELL) and Magic Internet Money (MIM), with “some of the lowest fees around.” As noted in ...