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Abracadabra blames hacks for shutdown amid ‘looting’ claims
Embattled DeFi project Abracadabra has proposed “an orderly wind down,” blaming a string of security incidents which leave its stablecoin MIM with “no viable path back to parity.
Protos · 1d ago · 4 min read0 upvotes · 0 comments
NewsBitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChainEther withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.Cointelegraph · 3d agoNewsCircle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip AwayThe two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.Decrypt · 6d ago
