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Abracadabra blames hacks for shutdown amid ‘looting’ claims

Protos · · Security · DeFi

Embattled DeFi project Abracadabra has proposed “an orderly wind down,” blaming a string of security incidents which leave its stablecoin MIM with “no viable path back to parity.” The vote , set to close Wednesday evening, has received just two votes at the time of writing: 100 million SPELL votes...

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