2025-10-10 15:38 |
DeFi protocol Abracadabra lost $1.8 million after an attacker exploited a simple logic mistake in its batch function. Analysts at Hacken say the attacker already laundered funds via Tornado Cash. In early October, Abracadabra, a DeFi lending protocol that lets… origin »
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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…
2025-3-26 14:26 | |
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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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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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All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV.
2023-8-3 16:04 | |
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Abracadabra Money, a decentralized lending protocol leveraging interest-bearing assets to mint a multichain stablecoin called Magic Internet Money, announced today that it is launching a new peer-to-peer lending product to...
2022-4-27 18:56 | |
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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…
A new GTIG report reveals that cybercriminals are increasingly using LLMs to make malware smarter, allowing it to rewrite itself in real time and target high-value assets like crypto. A new report from Google’s Threat Intelligence Group has uncovered a…
Balancer has uncovered the technical root cause behind the recent hack that shook its platform. DeFi protocol Balancer has identified an internal bug in the rounding logic of the “upscale” function as the root cause of the November 3 exploit…
An exploit has shaken the Balancer protocol, putting millions of dollars at risk within hours. Decentralized exchange and automated portfolio management protocol Balancer was targeted in a large-scale attack earlier today with roughly $70.
BNB Chain has discovered the root cause of the X account hack which resulted in a loss amounting to $13,000. The team claims that all users have been fully compensated. In a recent post shared on X, the account declared…