Latest News and Articles about Abracadabra

Abracadabra Hit by $13M Flash Loan Attack: DeFi Security Under Scrutiny Again

1 April 2025 Daily Feed Abracadabra, DeFi Security, Flash Loan, Magic Internet Money

Abracadabra’s $13 Million Vanishing Act: A Flash Loan Attack Strikes Again In a dramatic turn of events, Abracadabra, a prominent DeFi platform, fell victim to a $13 million heist executed through a flash loan attack. This marks the second time in 2024 that the project has been compromised, highlighting ongoing security issues within the DeFi […]

Hackers Steal 6,260 ETH in GMX-Linked Scam, GMX Contracts Safe

28 March 2025 Daily Feed Abracadabra, Ethereum, GMX, Lazarus Group

Scam Alert: Another 6,260 ETH Lost in GMX-Linked Smart Contracts Another day, another crypto heist. Hackers have exploited vulnerabilities in smart contracts linked to GMX, a decentralized exchange, making off with 6,260 ETH, worth about $13 million. The “Abracadabra Spell cauldron” protocols, part of the decentralized lending platform Abracadabra, were the target, not GMX’s own […]