A hacker in the background of the Abracadabra Finance website image

Hacker Drains $6.4 Million From Abracadabra Finance in a Recent Security Breach

Abracadabra Finance, a DeFi platform, has suffered a security breach resulting in a loss of over $6.4 million. The attack exploited a flaw in the platform’s smart contract, allowing the attackers to borrow tokens without collateral.

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