Emergency Motion as Magic Web Cash (MIM) Depegs 50%
Decentralized finance platform Abracadabra stated Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Web Cash (MIM), fell 50% beneath its $1 peg....
Tag : Depegs
StablR Exploit Drains $2.8M as Euro Stablecoin Depegs
An ongoing exploit is impacting StablR, ensuing within the depeg of its Euro and USD stablecoins, whereas a compromised non-public key has been blamed, including...