MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

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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.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Finance, #News, #Stablecoin, #DeFi, #DAO, #Exploit