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The post DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach appeared on BitcoinEthereumNews.com. A recent breach on the Abracadabra DeFi lending platform has reignited fears about weaknesses in decentralized finance. This cyberattack resulted in the illicit creation and theft of $1.8 million worth of the platform’s stablecoin, Magic Internet Money (MIM), posing significant concerns for the broader DeFi industry. Continue Reading:DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach Source: https://en.bitcoinhaber.net/defi-platform-abracadabra-suffers-1-8-million-cyber-breachThe post DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach appeared on BitcoinEthereumNews.com. A recent breach on the Abracadabra DeFi lending platform has reignited fears about weaknesses in decentralized finance. This cyberattack resulted in the illicit creation and theft of $1.8 million worth of the platform’s stablecoin, Magic Internet Money (MIM), posing significant concerns for the broader DeFi industry. Continue Reading:DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach Source: https://en.bitcoinhaber.net/defi-platform-abracadabra-suffers-1-8-million-cyber-breach

DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/10/07 14:04

1 min read

DEFI$0.0002828+0.31%

CYBER$0.5312+2.40%

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A recent breach on the Abracadabra DeFi lending platform has reignited fears about weaknesses in decentralized finance. This cyberattack resulted in the illicit creation and theft of $1.8 million worth of the platform’s stablecoin, Magic Internet Money (MIM), posing significant concerns for the broader DeFi industry.

Continue Reading:DeFi Platform Abracadabra Suffers $1.8 Million Cyber Breach

Source: https://en.bitcoinhaber.net/defi-platform-abracadabra-suffers-1-8-million-cyber-breach

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#DeFi #Lending