CRYPTO:MIMUSD

Magic Internet Money Usd Cryptocurrency News

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$0.143
-0.0096 (-6.32%)
At Close: Jul 13, 2026
Magic Internet Money has slipped from its dollar peg again, putting Abracadabra liquidity and Curve pool balance back under pressure.
Abracadabra hikes Cauldron rates and pauses incentives after MIM fell near $0.50, aiming to cut supply and restore its $1 peg after a depeg.
Abracadabra's rate hike to combat MIM's depeg highlights DeFi's vulnerability to liquidity crises, impacting investor confidence and market stability. Abracadabra raises interest rates as MIM stableco
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Abracadabra's MIM stablecoin took a major reputation and valuation hit today June 12 as it fell as low as $0.87 across multiple chains. The dollar-pegged token's slide adds to a growing list of algori
On-chain data reveals that the attacker behind the Magic Internet Money or MIM hack in March 2025 recently sent through $7.5m worth of stolen funds into crypto mixer platform Tornado Cash.
The crypto market is going nowhere at the moment, stabilizing instead of rallying or crashing. However, this is not stopping meme coins from noting extravagant rallies as displayed by MANEKI.
Blockchain security firm Cyvers has reported a major security breach that affected DeFi platform Abracadabra's MIM_Spell platform. The attack led to the loss of 6,262 ETH, equivalent to around $12.9 m
DeFi protocol Abracadabra Finance fell victim to a significant security attack, resulting in the loss of over $6.4 million in crypto assets, according to Blocksec and Peckshield.
Some Abracadabra Finance contracts were drained of $6.49m, causing its Magic Internet Money stablecoin to depeg.
Digital assets associated with the decentralized finance (DeFi) project Abracadabra Finance, including its Magic Internet Money (MIM) stablecoin, values fell after its team confirmed an exploit of the
Digital assets associated with the decentralized finance (DeFi) project Abracadabra Finance, including its Magic Internet Money (MIM) stablecoin, values fell after its team confirmed an exploit of the
The threat actors behind the attack targeted a vulnerability in Abracadabra's lending and borrowing smart contracts.
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit.
Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 cap
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