MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

The stablecoin issued by decentralized platform Abracadabra.money (MIM), suffered a flash crash to $0.76 after reports of a $6.5 million exploit. Blockchain security firm PeckShield published initial details of the exploit at 11:35 UTC Tuesday, adding that the attacker was funded from Tornado…

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