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Abracadabra Money

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$6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg MIM
Hacks   -   Feb 01, 2024 $6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg

The network was exploited via a rounding bug. The stablecoin fell to all-time low but is already on the way to recovering its peg to the U.S. dollar.

by Sasha Markevich
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Hacks   -   Feb 01, 2024 $6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg
$6.5M Abracadabra Exploit Led to Magic Internet Money Stablecoin Depeg MIM

The network was exploited via a rounding bug. The stablecoin fell to all-time low but is already on the way to recovering its peg to the U.S. dollar.

by Sasha Markevich
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