MIM stablecoin struggles with depegging after $6.5M exploit | Headlines | News | CoinMarketCap

01/31/2024 18:30
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MIM stablecoin struggles with depegging after $6.5M exploit | Headlines | News | CoinMarketCap

The decentralized platform Abracadabra.money witnessed a significant setback as its stablecoin, MIM, experienced a flash crash, plummeting to $0.76. The crash was triggered by reports of a $6.5 million exploit, with blockchain security firm PeckShield shedding light on the detail...

MIM stablecoin struggles with depegging after $6.5M exploit

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Published on January 31, 2024 11:00 GMT+00:00edited on January 31, 2024 11:04 GMT+00:00

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