Abracadabra Suffers $6.5 Million Loss in Attack, Team Assures Unaffected User Assets

MIM stablecoin project Abracadabra was reported to have been hacked yesterday, resulting in a total loss of $6.5 million due to protocol logic vulnerabilities. The team has currently stated that the vulnerabilities have been temporarily resolved and they have attempted to communicate with the hackers, but there is no further information available at this time.