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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
NewsCircle 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 agoNewsDeFi hack attack: Three exploits snatch $11M in a single dayCrypto and DeFi projects continue to be hacked at a dizzying pace, and few days in recent weeks have been incident-free.Protos · 6d agoNews$2M stolen in triple attack on Fetch.ai, NuNet, and SingularityNETIt’s been a busy weekend for one black hat who stole hundreds of millions of tokens from Fetch.Protos · Sep 21
