Tag: MIM
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 emerged of a $6.5 million explo [...]
Abracadabra DAO Eyes Centralized Structure for Entity Behind MIM, SPELL Tokens
In a forum post, a project leader called on Abracadabra DAO to support a “transition of power” to a centralized entity complete with lawyers, jurisdic [...]
Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked
FTT is the largest collateral backing MIM, accounting for 33% of the total locked in Abracadabra's "cauldrons."
www.coindesk.com [...]
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