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MIM Spell: A loophole led to hackers stealing 13 million dollars, but user funds were not lost

MIM Spell: A loophole led to hackers stealing 13 million dollars, but user funds were not lost

Bitget2025/03/26 09:16

MIM Spell announced on platform X that a previous vulnerability led to hackers stealing 13 million US dollars. Within 36 hours, Abracadabra has repurchased 6.5 million US dollars of MIM and covered 50% of the losses from the hacker attack, resulting in zero loss to user funds. Abracadabra will not back down and is currently rebuilding its system through expansion on platforms like Berachain.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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