NEWS & PRESS RELEASES
Loading latest news...
Back to News

Abracadabra loses $1.8 million in protocol's third major DeFi hack since 2024

• The Block⚪ neutral
Abracadabra loses $1.8 million in protocol's third major DeFi hack since 2024

The protocol, which issues the Magic Internet Money decentralized stablecoin, has lost over $20 million to exploits since the start of 2024.

Read Full Article on The Block →

Article Details

Source
The Block
Published
October 5, 2025 at 07:03 PM
Sentiment
⚪ neutral
Type
Article
Category
altcoins
Topics
DeFiSecurity

Related Articles

HMRC tightens the net: UK crypto investors face crackdown on unreported gains
🔴

HMRC tightens the net: UK crypto investors face crackdown on unreported gains

CryptoSlate10/25/2025
Digital Asset Solutions Firm Completes Australia's First Tokenized Government Bond Investment
⚪

Digital Asset Solutions Firm Completes Australia's First Tokenized Government Bond Investment

Bitcoin10/25/2025
Why DeFi Literacy is Critical on Capitol Hill
🔴

Why DeFi Literacy is Critical on Capitol Hill

Coindesk10/24/2025
Polymarket plans to roll out POLY token and user airdrop amid surging trading activity
🔴

Polymarket plans to roll out POLY token and user airdrop amid surging trading activity

Crypto Briefing10/24/2025
Canadian Court Clears Crypto Exchange After Woman Ignored Repeated Scam Warnings
🔴

Canadian Court Clears Crypto Exchange After Woman Ignored Repeated Scam Warnings

Crypto Economy10/24/2025
Crypto Regulators Must Adapt Quickly to Stay Globally Competitive
🟢

Crypto Regulators Must Adapt Quickly to Stay Globally Competitive

Coindesk10/24/2025
Cryptocurrencies and stablecoins save Argentina against the Peso crisis
🟢

Cryptocurrencies and stablecoins save Argentina against the Peso crisis

The Cryptonomist10/24/2025
Canadian judge says crypto platform not responsible after user ignored scam alerts
🔴

Canadian judge says crypto platform not responsible after user ignored scam alerts

Cryptopolitan10/24/2025