2025-3-26 14:26 |
Abracadabra Finance claims it has bought back 6.5 million MIM, equal to 50% of the total loss it suffered in the recent $13 million exploit. In a blogpost published in the aftermath of the hack, the protocol confirmed that user… origin »
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Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds. The protocol has since disabled borrowing across all cauldrons and is working…
2025-3-25 20:02 | |
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Approximately $13 million was stolen in the recent hack of crypto exchange GMX’s integration with Abracadabra. On March 25, blockchain security monitoring firm PeckShield reported a major security incident of GMX decentralized exchange.
2025-3-25 16:22 | |
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Decentralized Finance (DeFi) project Abracadabra suffered a $6. 5 million attack, with $4 million already transferred to an externally owned account, according to on-chain investigation firm Cyvers.
2024-1-30 14:22 | |
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DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token. In the last few days, CRV has seen its value decline significantly due to the recent Curve Finance exploit on Sunday, which resulted in a total loss of over $60 million.
2023-8-2 21:00 | |
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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.
2022-6-19 08:35 | |
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Do Kwon was recently accused of withdrawing $80 million a month from the Terra ecosystem leading up to the crash — fresh allegations claim this happened more than 33 times, and a staggering $2. 7 billion was taken out of the system through Degenbox by Abracadabra Money.
2022-6-12 17:00 | |
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Venezuela-focused stablecoin neobank Kontigo has announced plans to compensate customers after over $340,000 in USDC was drained from customer wallets in a security breach. According to a Jan. 5 update, Kontigo confirmed that they “detected unauthorized access that affected the…
Bitfinex hacker Ilya Lichtenstein, jailed for laundering Bitcoin from the 2016 breach, has been released early from prison under Trump’s First Step Act reforms. Ilya Lichtenstein, a Russian-American tech entrepreneur convicted for laundering Bitcoin tied to the 2016 Bitfinex hack,…
An Ethereum wallet linked to the Indexed Finance and KyberSwap exploits resurfaced after a year of silence, selling more than $2 million in tokens. An Ethereum address tied to past decentralized finance exploits moved more than $2 million worth of…
Gnosis Chain, which plays a key infrastructural role in Balancer’s ecosystem, has executed a hard fork to recover a portion of funds that were frozen during the $116 million early November exploit of the protocol. According to an official announcement,…
Stakes over the recent Cardano network split have risen further, with founder Charles Hoskinson calling it a deliberate, targeted attack.
GoPlus Security’s on-chain monitoring concluded that October saw a series of incidents in the crypto community which led to losses exceeding $45.84 million within the month alone. According to a report published by the on-chain security firm GoPlus, the community…
Investors worried about crypto hacks are driving record demand for hardware wallets that store digital assets offline. As per a report by the Financial Times, Ledger, which sells USB-style devices for secure cryptocurrency storage, is having its best year yet…